GMR GROUP DECIDES TO SEPARATELY LIST ITS AIRPORT BUSINESS

In order to raise funds worth Rs 5,000 crore, country’s largest airport operator, GMR Group founded by GM Rao has taken a decision to separately list its airport business. This proposal was passed by the company’s board on Thursday that will see the holding company, GMR Infrastructure...

SENSEX SLUMPS 400 POINTS, NIFTY50 BELOW 10,300

Highlights

• The S&P BSE Sensex is trading at 34,746.09 levels, while the benchmark Nifty50 is trading at 10,252.25 points

• The S&P report forecasting fall in India’s growth rate has affected the investor sentiment

• Top Sensex laggards ...

INDIA RENEWS BUSINESS TIES WITH AFRICAN MARKETS VIA GMR HYDERABAD AIRPORT

• The latest fleet of Ethiopian Airlines takes the total number of cargo aircrafts the GHIAL is handling to 12 a week along with some special cargo airline charters.
• This connects Hyderabad to all pivotal international business destinations the US, Europe, Middle-East, Africa, Fa...