The Prime Minister reiterated his resolve to build the Visakhapatnam Economic Region into a leading industrial hub. With the expansion of airport infrastructure and the rise of new‑age industries, India envisions Visakhapatnam in Andhra Pradesh as a major growth engine for Asia, Prime Minister Narendra Modi told a 200,000‑strong ecstatic crowd near the port city on...
Tag: GMR
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PM Modi to Inaugurate Alluri Sitarama Raju International Airport at Bhogapuram on August 1
While reinforcing Visakhapatnam’s position as the ‘Gateway of the East’, the launch of Alluri Sitarama Raju International Airport will mark a defining milestone in Andhra Pradesh’s aviation journey. The countdown has begun for the inauguration of Vizag Airport, officially named Alluri Sitarama Raju International Airport at Bhogapuram, with Prime Minister Narendra Modi set to dedicate...
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GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
The first eight‑year phase of the roadmap aims to position Nagpur as a leading aviation and logistics hub for Vidarbha and beyond. GMR Airports Ltd has unveiled an ambitious multi‑phase modernisation and expansion plan for Dr. Babasaheb Ambedkar International Airport, Nagpur. This follows the successful completion of the privatisation process of Nagpur Airport, with the...
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GMR to build greenfield port at Kakinada
GMR Infrastructure has been awarded a greenfield commercial port at Kakinada.
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Navi Mumbai airport bids to be opened in January 2017
The initial bids for development of the Navi Mumbai international airport are likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray.
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Is infrastructure´s golden goose on the chopping block
The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
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Firms keen on InvIT want clarity
Infrastructures developers such as IRB, GMR and IL&FS are keen to launch their infrastructure investment trusts after SEBI announced guidelines last week, but may hold their plans for more clarity on disclosure and accounting norms.
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Developers will be able to get rid of their excess baggage
We are almost there both with REIT and InvIT. They have been in the pipeline for quite some time. The government has taken the initiative to come out with proper SEBI regulations, which itself is the very first step towards REITs and InvITs.
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Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country