Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

GMR Infrastructure Ltd

Infrastructure Sector belies the initial hope of Investors

Infrastructure Sector belies the initial hope of Investors
After remaining at a high during the past few months over a period of last 52 weeks, the shares of infrastructure companies are slowly falling down. Share prices in the infrastructure sector had touched a new high after the Modi Government was sworn in. The initial euphorbia seems to have dwindled and markets are slowly [...] Continue Reading »

GMR balance sheets are improving steadily

GMR balance sheets are improving steadily
The bullish sentiment in the equity market on Thursday, along with positive tidings from GMR Infrastructure Ltd (GIL) about improving its balance sheet, lifted the stock price by 2.91 percent. The infrastructure firm announced that US private equity firm KKR Capital Markets will lend Rs.1,000 crore to GMR’s holding company. This, in turn, will be [...] Continue Reading »

GMR will get a loan amount of Rs 1,000 crore from KKR

GMR will get a loan amount of Rs 1,000 crore from KKR
US private equity firm KKR & Co and co-investors have agreed to provide Rs 1,000 crore ($164.2 million) in long-term financing to GMR Holdings Pvt Ltd, the holding company for GMR Infrastructure Ltd. Without disclosing the terms of the transaction, GMR Holdings said the deal is subject to customary transaction documentation. GMR Group has interests [...] Continue Reading »

GMR had gained rights to issue

GMR had gained rights to issue
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 »

Large Infrastructure Companies have to raise money

Large Infrastructure Companies have to raise money
Large infrastructure companies such as GMR Infrastructure Ltd and Jaiprakash Associates Ltd have been quick to raise several thousands of crore rupees by selling shares to savvy financial investors, known as qualified institutional investors, in the past three months. Now, several mid-size infrastructure companies are looking to raise money through initial public offerings, or IPOs, [...] Continue Reading »

QIPS to help the Infrastructure companies to reduce debt

QIPS to help the Infrastructure companies to reduce debt
Qualified institutional placement(QIP) entrails selling equity instruments to institutional investors. This route is now taken by many companies to raise funds primarily to repay debts and solve the liquidity crunch for the stalled projects. Two infrastructure companies, GMR Infrastructure and JP Associates, hit the capital markets on Wednesday to raise a total of $550 million (around [...] Continue Reading »

GMR Infra mulling strategy shift; may go for ‘growth’ strategy

GMR Infra mulling strategy shift; may go for ‘growth’ strategy
GMR Infrastructure Ltd, which currently has an ‘asset light’ business strategy, is apparently planning an overall business strategy shift in favour of more ‘balanced growth.’ The business strategy shift which is being mulled by GMR will come at a time when the market sentiment is witnessing an improvement. The GMR Group is already prepared to [...] Continue Reading »

GMR Infra to give preferred shares to Temasek, IDFC consortium

GMR Infra to give preferred shares to Temasek, IDFC consortium
GMR Group has offered a small stake to a clutch of private equity investors in its flagship company to compensate for a delay in facilitating their exit in one of GMR’s units. Singapore’s state-owned investment firm Temasek Holdings Pte Ltd, and a consortium of investors led by Indian private equity (PE) firm IDFC Alternatives have [...] Continue Reading »

NHAI: Kishangarh-Udaipur-Ahmedabad stretch

NHAI: Kishangarh-Udaipur-Ahmedabad stretch
Reports suggesting that National Highway Authority of India’s (NHAI) decision to allow highway developers to collect toll from the highway users first and pay later to NHAI was overturned by the Law Ministry, have recently surfaced. The road ministry has vocally confirmed that the affair of permitting road companies to collect toll now and pay [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!