To invest in the road assets of Bangalore-based diversified conglomerate GMR Group, Malaysian sovereign fund Khazanah and SBI Macquarie have emerged as potential investors.
FlashNews:
Air India Restores Codeshare with Air Canada to Expand India-Canada Flight Network
Indian Railways Freight Loading Surges Past 1 Billion Tonne Milestone This Fiscal
IWAI Signs MoUs to Boost Assam’s Inland Waterways and Industrial Logistics
Air India Express to Launch Services from Navi Mumbai International Airport on Day One
Tata Power, Druk Green Power Corp. Seal ₹1.31 Trillion Pact for Bhutan’s Largest PPP Hydro Project
IndiGo Commits $820 Million to Transform Fleet Ownership Via GIFT City Finance Hub
NHAI Launches RIIMPL to Drive Public InvIT for Highway Monetisation
Northeast to Anchor India’s Inland Waterways Revival, Says Shipping Minister Sonowal
Noida International Airport Boosts Regional Access with UPSRTC Bus Partnership
It’s India’s Turn to Take Global South’s Aspirations to Stars, Say Space Leaders at ISpA Conclave
IndiGo Links Madhya Pradesh’s Indore Commercial Hub with Rewa White Tiger Territory
INOXGFL Group and KP Energy Seal Renewables Partnership for Pan-India Wind and Solar Projects
Green Ferry Infrastructure on Yamuna to Transform Delhi Cruises and Transport: Sonowal
Indian Railways Unveils Cement Freight Policy with Flat Rates, New Containers, and Bulk Terminals
India’s Spacetech Startups Propel Sector Towards $45 Billion Growth, Says Jitendra Singh
THINK Gas Signs Long-Term LNG Supply Agreement with Shell Energy India
Navi Mumbai Airport to Launch on Dec 25 with 23 Daily Flights; IndiGo, Akasa, Air India Lead Rollout
Gati Shakti Vishwavidyalaya and DRDO Sign MoU to Develop Smart Tech Solutions for National Security
NHAI Launches Fortnightly Updates for Projects Under Bidding
The key differentiator between completion and excellence
Which do we prefer—that projects are systematically completed in time within costs, or that they thrive under a bright leader who can transform it beyond what it is meant to be?
GMR bags first mega highway project
GMR Group has emerged as the selected bidder through international competitive bidding for six laning of 555-km long Kishangarh-Udaipur-AhmeÂdabad highway, the first brownfield mega highway project of the country.
MAT will inhibit export growth
GMR Group is one of the few developers that is gung ho on SEZs. Their Rs 26,000 crore SEZ, coming up in Kakinada, Andhra Pradesh, is being constructed at full pace in the face of scepticism and uncertainty regarding SEZs in the country.
MAT will inhibit export growth
GMR Group is one of the few developers that is gung ho on SEZs. Their Rs 26,000 crore SEZ, coming up in Kakinada, Andhra Pradesh, is being constructed at full pace in the face of scepticism and uncertainty regarding SEZs in the country.
Infra-Landmarks: Few and far between
The past 12 months have not belonged to infrastructure flag-offs. As the economy turned south in 2008-09, not as many infra projects as targeted were awarded, especially those in road, rail, port and energy; in most cases, the targets themselves took a heavy beating.
GMR Airports gets breather
Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.
Case study: How India's largest airport project was fast-tracked
Collaboration has not caught up in India. Fraught with lack of transparency at all levels, both public and private projects languish in needless delays.

