GMR Airports shares hit fresh 52-week high after GQG Partners buys stake
The Rajiv Jain-led GQG Partners acquired a 4.7% stake in GMR Airports Infrastructure for ₹1,672 crore on Friday.
The Rajiv Jain-led GQG Partners acquired a 4.7% stake in GMR Airports Infrastructure for ₹1,672 crore on Friday.
GMR Aero Technic is the first Boeing supplier in India that will have the capability to support future conversions of both domestic and foreign aircraft.
The operator of Paris-Charles de Gaulle airport will pick a 49% stake in GMR’s airport business, which will help the Indian company deleverage its debt of over ₹20,000 crore.
The Airports Council International ranks Delhi and Mumbai airports high, but how hard will the titles be to retain?
Grand artworks and emphasis on design have helped private-operated airports in Mumbai and Delhi stand apart—and even change the perception of India’s infrastructure to an extent. Inspired, the Airports Authority of India is seeking to give government-run airports even in tier II cities a makeover.
With hurdles being cleared, thermal power units are poised to boost production. It’s time to buy.
Many of today’s iconic businesses were set up by Marwari traders in the 19th century. Now, savvy entre-preneurs from Andhra Pradesh are laying the foundations for new business empires. For the next generation of India Inc., they could well be ...