NEW DELHI : GMR group expects the debt cost for its airports to decline, ensuring significant inflow from passive funds, as well as foreign fund managers following the merger of GMR Airports Ltd with group holding company GMR Airports Infrastructure Ltd, Saurabh Chawla, executive director, finance and strategy at GMR Airports Infrastructure, told Mint. “With the completion of the merger, …
GMR Airports Infrastructure Ltd shares on Monday, December 11, edged higher and clocked a 52-week high. The scrip rose nearly 5% to Rs 72 in Monday’s trade on BSE as the GQG Partners on Friday bought close to 5% stake in GMR Airports Infrastructure in a deal worth Rs 1,672 crore through the open market. GQG Partners Emerging Markets Fund …
New Delhi: The GMR Group is working on upgrading the retail experience at its airports worldwide by leveraging the expertise of its French partner Groupe ADP, a top company executive said. “We want to use Groupe ADP’s expertise in design to create next-generation retail areas at airports so that the Indian consumer spends more at Indian airports rather than at …
