GMR Hyderabad International Airport Ltd
Shares of GMR Infrastructure and Usha Martin will be tracked keenly by market men as these company boards meet on Tuesday to consider a rights issue. The infrastructure developer, which has interests in airports, energy and highways, did not specify the amount it was looking to raise. GMR recently had raised ₹1,478 crore through an [...] Continue Reading »
At least for the next two years from April 1, flying out of the swanky Rajiv Gandhi International Airport (RGIA) at Shamshabad is all set to be lighter on the pockets. All credits to the Airports Economic Regulatory Authority’s (AERA) decision to scrap the heavy user development fee (UDF) that airport operator GMR Hyderabad International [...] Continue Reading »
The government has given more time to 33 special economic zone developers, including Uttam Galva Steels Ltd, Unitech Infracon and GMR Hyderabad International Airport Ltd, to execute their projects. The Board of Approval (BoA), a 19 member inter-ministerial body that deals with SEZs, at a meeting headed by Commerce Secretary, also allowed three SEZ developers [...] Continue Reading »
