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GMR seeks $1.4 billion in damages from Maldives

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Singapore: Indian infrastructure major GMR on Friday sought a compensation of $1.4 billion from Maldives for the "wrongful termination" of its 25-year contract to develop and operate the Male Interna

Maldives anti-graft body gives clean chit to GMR

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Male: In a relief for GMR, the Maldives’ anti-graft watchdog is believed to have ruled out any corruption in the leasing of Ibrahim Nasir International Airport here to the Indian infrastructure major

Maldives issues notice to GMR for terminating airport contract

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Maldives on Tuesday said its cabinet has recommended termination of a contract given to GMR Group for developing Male Airport, a project awarded to the Indian group during the previous regime of islan

GMR posts Q2 net loss of Rs 179 crore

GMR Infrastructure Limited on Wednesday said its consolidated net loss widened to Rs. 179 crore for the quarter ended September 30 from Rs. 63 crore net losses registered during the same period a year

I-T raids GMR offices in 4 cities

The Directorate of Income Tax (Investigation), Karnataka, on Thursday conducted search and seizure operations at the offices of GMR group – the global infrastructure company headquartered in Bengaluru

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