Tata’s investment in GMR signals business of airports is taking off

With air passenger growth rising year after year in India, the airports business should have attracted investors by the hordes. But on the contrary, investors have been fleeing. Shares of GMR Infrastructure Ltd and GVK Power and Infrastructure Ltd, who hold large stakes in Indian airports, have fallen 57% and 65%, respectively, in the past 10 years, compared […]

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GMR Infrastructure posts larger-than-expected q4 loss, shares fall

GMR Infrastructure’s shares fell as a great deal as 5.3% on Tuesday. Mint Mumbai: GMR Infrastructure Ltd on Tuesday reported a wider-than-predicted loss for the fourth regionended 31 March, sending its shares down as lots as five.3%. Consolidated internet loss within the fourth zone widened to Rs.953.50 crore from Rs.891.ninety crore a yrearlier, harm in […]

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