GMR Group
Infrastructure
Adani Power to take over debt-laden GMR Chhattisgarh Energy
GMR Chhattisgarh Energy Ltd's lenders have approved an offer by Adani Power Ltd to acquire the debt-laden electricity generation company. The ......
Infrastructure
Budget 2019: Infrastructure spending to climb but all eyes on discoms' rising debt
Last week, while inaugurating the budget session of parliament, President Ram Nath Kovind said that India will build 35,000 km ......
Infrastructure
GMR gets lenders' approval for power project's debt-resolution plan
GMR Infrastructure on Friday said all lenders, led by IDBI Bank, have accepted the debt resolution plan of its associate ......
Infrastructure
Can power producers attract enough buyers to revive stressed projects
Last week, the Supreme Court provided some respite to debt-laden power companies when it refused to stop a lower court ......
TMT
JSW Sports to acquire 50% stake in Delhi Daredevils
JSW Sports Pvt. Ltd has agreed to acquire a 50% stake in GMR Sports Pvt. Ltd, which owns the Indian ......
General
Sembcorp, Adani eye GMR project; MedPlus promoter may buy out PE funds
Billionaire Gautam Adani-led Adani Power Ltd, state-run NLC India Ltd and Singapore-based Sembcorp Industries are vying to acquire a majority ......
TMT
Sourav Ganguly eyeing stake in IPL team
Former Indian cricket captain and Cricket Association of Bengal President Sourav Ganguly is planning to pick up a stake in ......
Infrastructure
GMR moves to sell Hyderabad hotel property
The GMR group as part of its asset light strategy is now looking for buyers for its hotel property at ......
Construction
GMR divests 74% stake in highway unit to IDFC for $35M
GMR's road development arm, GMR Highways has signed a definitive agreement with IDFC's India Infrastructure Fund to sell 74 per ......
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