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Delhi Capitals Owners Agree To Buy Major Share In Hampshire Takeover
The GMR Group, co-owners of IPL franchise Delhi Capitals, has agreed to a deal with English county team Hampshire to buy its major shares worth 120 million pounds (approximately Rs 1278 crore).
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GMR Infra Net Loss Comes Down To Rs 723 Crore In March Quarter
GMR Infra Q4 Results: The company reported a net loss of Rs 725 crore for the January-March quarter of fiscal 2020-2021, compared to a loss of Rs 1126.82 crore in the year-ago period
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Why GMR Infrastructure Shares Surged Nearly 30% Today
GMR Infrastructure shares surged as much as 27 per cent on Friday despite the company reporting widening of loss in the April-March quarter.
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Sensex, Nifty Volatile; Financials Weigh On Markets
Banks have taken a hit following a six-session rally. The NSE Bank index fell nearly 1 percent with Axis Bank down 2.7 percent and Bank of India shedding 1.6 percent.
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GMR Infra Q1 Loss Widens To Rs 123 Crore
GMR Infrastructure on Thursday reported a multi-fold jump in standalone net loss at Rs 123.1 crore for the first quarter ended June 2016.
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GMR Infrastructure to Rejig Holding in Airport Arm, Shares Gain
The shares of GMR Infrastructure Limited (GIL) gained as much as 1 per cent on Monday after the infrastructure conglomerate announced a restructuring of its holding in its airport arm, GMR Airports Limited (GAL).
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GMR Infra Rallies on Buzz of Investment in Airport Arm
GMR Infrastructure gained over 5 per cent on Monday, recovering from the 15 per cent crash the stock witnessed on Friday. Traders attributed Monday's rally to media reports which said that a clutch of private equity firms and Canada's Fairfax Financial Holdings may buy 30 per cent stake in the company's airport business.
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Lanco Infra Swings into Profit After 3 Years, Shares Soar 20%
Lanco Infratech shares jumped 20 per cent on Tuesday, a day after the Delhi-based infra developer reported its first profit in three years. Lanco Infra's Q2 consolidated net profit of Rs 99 crore was aided by tax reimbursements and favourable power tariff order, the company said.
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Court Rules Favourably on Hyderabad Airport Tariff Petition: GMR
GMR Infrastructure on Thursday said the Andhra Pradesh High Court has allowed collection of tariff at the Hyderabad International Airport, as was collected earlier.
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A Second International Airport for the National Capital Soon
The Civil Aviation Ministry has cleared a proposal for a second airport in the National Capital Region to share the growing passenger load at Delhi's Indira Gandhi International Airport, which handled 40 million passengers in 2014-15.
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Tata Motors, Ipca Labs, GMR Infra in Focus Today
The Nifty opened higher on Wednesday. Foreign investors continued their buying spree and on Tuesday they have bought shares worth Rs 738 crore. However, domestic investors were net sellers to the tunes of Rs 632 crore. Trading volume increased on Tuesday; cash segment registered a volume of Rs 18,845 crore (up13.5% than Monday's volume), derivativ...
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TCS, Tata Motors, GMR Infrastructure in Focus Today
The Nifty opened lower on Monday tracking a sell-off in global equities. Foreign investors had sold shares worth Rs 865 crore in cash market on Friday. However domestic investors were net buyers to the tune of Rs 323 crore. Sentiment is likely to be negative today as industrial production growth fell to negative 4.2 per cent in the month of October...
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GMR Infrastructure Gets Sebi Nod for Rs 1,500 Cr Rights Issue
In a rights issue, shares are issued to existing investors as per their holding at pre-determined price and ratio.
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GMR Infrastructure Inks Pact With Japanese Agency; Shares Up
GMR Infrastructure Limited has signed a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC) for providing financial assistance to Japanese companies investing in infrastructure projects of the GMR Group.
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GMR Infra shares rally on plans to list unit
GMR is aiming to raise about $250 million from the share sale, a source with direct knowledge of the matter told Reuters. Shares in the company were up 3.7 per cent at 22.70 rupees at 9.59 am.
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Delhi Capitals Owners Agree To Buy Major Share In Hampshire Takeover
The GMR Group, co-owners of IPL franchise Delhi Capitals, has agreed to a deal with English county team Hampshire to buy its major shares worth 120 million pounds (approximately Rs 1278 crore).
-
GMR Infra Net Loss Comes Down To Rs 723 Crore In March Quarter
GMR Infra Q4 Results: The company reported a net loss of Rs 725 crore for the January-March quarter of fiscal 2020-2021, compared to a loss of Rs 1126.82 crore in the year-ago period
-
Why GMR Infrastructure Shares Surged Nearly 30% Today
GMR Infrastructure shares surged as much as 27 per cent on Friday despite the company reporting widening of loss in the April-March quarter.
-
Sensex, Nifty Volatile; Financials Weigh On Markets
Banks have taken a hit following a six-session rally. The NSE Bank index fell nearly 1 percent with Axis Bank down 2.7 percent and Bank of India shedding 1.6 percent.
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GMR Infra Q1 Loss Widens To Rs 123 Crore
GMR Infrastructure on Thursday reported a multi-fold jump in standalone net loss at Rs 123.1 crore for the first quarter ended June 2016.
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GMR Infrastructure to Rejig Holding in Airport Arm, Shares Gain
The shares of GMR Infrastructure Limited (GIL) gained as much as 1 per cent on Monday after the infrastructure conglomerate announced a restructuring of its holding in its airport arm, GMR Airports Limited (GAL).
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GMR Infra Rallies on Buzz of Investment in Airport Arm
GMR Infrastructure gained over 5 per cent on Monday, recovering from the 15 per cent crash the stock witnessed on Friday. Traders attributed Monday's rally to media reports which said that a clutch of private equity firms and Canada's Fairfax Financial Holdings may buy 30 per cent stake in the company's airport business.
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Lanco Infra Swings into Profit After 3 Years, Shares Soar 20%
Lanco Infratech shares jumped 20 per cent on Tuesday, a day after the Delhi-based infra developer reported its first profit in three years. Lanco Infra's Q2 consolidated net profit of Rs 99 crore was aided by tax reimbursements and favourable power tariff order, the company said.
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Court Rules Favourably on Hyderabad Airport Tariff Petition: GMR
GMR Infrastructure on Thursday said the Andhra Pradesh High Court has allowed collection of tariff at the Hyderabad International Airport, as was collected earlier.
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A Second International Airport for the National Capital Soon
The Civil Aviation Ministry has cleared a proposal for a second airport in the National Capital Region to share the growing passenger load at Delhi's Indira Gandhi International Airport, which handled 40 million passengers in 2014-15.
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Tata Motors, Ipca Labs, GMR Infra in Focus Today
The Nifty opened higher on Wednesday. Foreign investors continued their buying spree and on Tuesday they have bought shares worth Rs 738 crore. However, domestic investors were net sellers to the tunes of Rs 632 crore. Trading volume increased on Tuesday; cash segment registered a volume of Rs 18,845 crore (up13.5% than Monday's volume), derivativ...
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TCS, Tata Motors, GMR Infrastructure in Focus Today
The Nifty opened lower on Monday tracking a sell-off in global equities. Foreign investors had sold shares worth Rs 865 crore in cash market on Friday. However domestic investors were net buyers to the tune of Rs 323 crore. Sentiment is likely to be negative today as industrial production growth fell to negative 4.2 per cent in the month of October...
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GMR Infrastructure Gets Sebi Nod for Rs 1,500 Cr Rights Issue
In a rights issue, shares are issued to existing investors as per their holding at pre-determined price and ratio.
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GMR Infrastructure Inks Pact With Japanese Agency; Shares Up
GMR Infrastructure Limited has signed a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC) for providing financial assistance to Japanese companies investing in infrastructure projects of the GMR Group.
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GMR Infra shares rally on plans to list unit
GMR is aiming to raise about $250 million from the share sale, a source with direct knowledge of the matter told Reuters. Shares in the company were up 3.7 per cent at 22.70 rupees at 9.59 am.
