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The Latest Breaking News from GMR

GMR Airports shares gain 2% after JM Financial retains Buy rating; sees up to 24% upside

GMR Airports shares witnessed an uptick on Thursday after JM Financial retained its Buy rating and Rs 115 target price, citing an improved risk-reward profile despite subdued passenger traffic. The brokerage expects traffic pressure to persist through November, but sees growth improving from December as favourable base effects and resilient…

The Economic Times · Sep 17

Beyond the runway: Emkay sees up to 25% upside in GMR Airports

Emkay Global has initiated coverage on GMR Airports with a Buy rating and a Rs 120 target price, implying 25% upside from the current levels. The brokerage expects non-aeronautical and adjacent businesses such as duty-free, cargo and airport-linked developments to drive incremental profitability, while stronger earnings and cash flows support…

The Economic Times · Sep 9

India's airport privatisation plan creates a barricade for power in few hands

The government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leverage risks. Eleven Airports Authority of India airports will be leased in five bundles. Major airport operators are increasing their investment plans significantly. A separate debate continues regarding airport operators owning…

The Economic Times · Aug 25

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When will Bhogapuram Airport start flights?

The Alluri Sitarama Raju International Airport in Bhogapuram will commence commercial flights on August 17. This new facility near Visakhapatnam has an initial annual passenger capacity of six million people. Prime Minister Narendra Modi inaugurated the airport, which was completed ahead of schedule. The airport is developed on 2,200 acres…

The Economic Times · Aug 1

Traffic at Delhi Airport unaffected by Iran war, GMR bets on long-term aviation growth

Indira Gandhi International Airport anticipates strong future growth in Indian aviation. Operator GMR Airports remains bullish on the economy despite a short-term traffic dip from the Iran conflict. Infrastructure expansion is planned. New projects include an automated people mover system. Cargo expansion is also underway. Competition from Noida International Airport…

The Economic Times · May 24

Three IPL captains likely to lose leadership roles after disastrous campaigns

Disastrous IPL campaigns are putting three captains in the hot seat, with sources indicating potential job losses at season's end. Axar Patel, Ajinkya Rahane, and Rishabh Pant have struggled to lead their teams to playoff contention for two consecutive seasons. Will leadership changes be on the horizon for these franchises?

The Economic Times · May 14

U.S. Stock Market IPO: KKR-backed ambulance giant GMR makes debut raises $478.7 million, down from originally proposed $797.9 million

U.S. IPO: Emergency medical services provider GMR Solutions slashed the valuation target of its U.S. initial public offering to about $3.3 billion from $5 billion, as investors remain selective about new listings.

The Economic Times · May 13

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GMR co-founder highlights esports betting as catalyst for industry growth

Betting is now emerging as a crucial part of the esports ecosystem.

Dot Esports · Oct 2, 2025

Juncadella and Jaubert join 2026 Genesis WEC attack

Genesis makes two more signings for its WEC programme, with Daniel Juncadella and Mathys Jaubert added to its Hypercar driver ranks

Autosport · Sep 18, 2025

Daniel Juncadella and Mathys Jaubert join Genesis WEC driver line-up

Genesis makes two more signings for its WEC programme, with Daniel Juncadella and Mathys Jaubert added to its Hypercar driver ranks

Motorsport · Sep 18, 2025

Genesis hires Gabriele Tarquini to management team as WEC programme takes shape

Touring car legend Gabriele Tarquini has been named sporting director of the new-for-2026 Genesis World Endurance Championship Hypercar squad.

Motorsport · Jun 13, 2025

Genesis hires Tarquini to management team as WEC programme takes shape

Touring car legend Gabriele Tarquini has been named sporting director of the new-for-2026 Genesis World Endurance Championship Hypercar squad.

Autosport · Jun 13, 2025

Hundred auction concludes with tournament valued at close to £1bn

GMR have agreed to pay a reported fee of nearly £50m for a 49 per cent stake in Southern Brave.

The Independent UK · Feb 12, 2025

'Everyone's excited': David Warner confident as Dubai Capitals eye ILT20 glory

Dubai Capitals' star opener David Warner expressed his team's determination to lift the ILT20 trophy ahead of their final clash against Desert Vipers. Reflecting on their journey, Warner said, "Everyone's excited from the background staff to the GMR owners and the players performing on field. We got so close last…

The Times of India · Feb 8, 2025

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Motor1 · Dec 4, 2024

Genesis Le Mans Hypercar: This Is It

Hyundai's luxury arm, Genesis, is going racing in a big way. On Wednesday, it launched Genesis Magma Racing and showed off a vision for its first race car, the GMR-001. It's a top-flight prototype that Genesis aims to enter the World Endurance Championship (WEC) with in 2026, and the IMSA…

Autosport · Nov 16, 2024

Macau GT World Cup: Marciello continues his winning streak upon BMW switch

Raffaele Marciello has continued his remarkable record in Macau by triumphing in the FIA GT World Cup qualification race, leading all of the contest bar one corner.

The Times of India · Oct 23, 2024

Exclusive: Lucknow Super Giants to release KL Rahul ahead of IPL mega auction

Promising pacer Mayank Yadav to be among top 3 retentions for franchise

The Times of India · Oct 18, 2024

Hollywood actor Ryan Reynolds, nine IPL teams show interest in The Hundred

The Hundred's attempt to privatise and raise investment through the sale of franchises has paved the way for a three-round bidding process, the first of which will begin today (October 18).

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The Independent UK · Sep 30, 2024

Hampshire agree ‘dream’ takeover by IPL owners

Hampshire have agreed a deal to sell the club to the owners of IPL franchise the Delhi Capitals

The Guardian - UK · Sep 30, 2024

Delhi Capitals owner buys majority stake in Hampshire CCC for £120m

The Indian multinational behind the Indian Premier League’s Delhi Capitals has bought a majority stake in Hampshire for £120m

The Times of India · Sep 30, 2024

Delhi Capitals co-owners GMR acquire Hampshire county

MUMBAI: In a historic deal, the GMR Group, the co-owners of Delhi Capitals side in the Indian Premier League (IPL), has acquired Hampshire Cricket, marking a historic milestone in the cricket world. TOI had reported about the GMR group, owned by Kiran Kumar Granthi, acquiring a 49% stake in Hampshire…

The Times of India · Sep 30, 2024

In a landmark deal, GMR acquires Hampshire Cricket

NEW DELHI: A significant turning point in cricket history has been reached with the announcement today by GMR Group, a prominent international infrastructure corporation, of the acquisition of Hampshire Cricket. This sets a new standard for the sport of cricket as it is the first time an international firm has…

The Times of India · Sep 18, 2024

GMR acquires 49% stake in Hampshire

MUMBAI: The GMR group, co-owner of IPL franchise Delhi Capitals, has completed a historic deal with English county team Hampshire.

The Times of India · Sep 17, 2024

GMR, Hampshire ink historic deal as Delhi Capitals co-owners acquire majority stake in English county team

NEW DELHI: The GMR Group, co-owners of the Delhi Capitals IPL team, has secured a groundbreaking deal with Hampshire, an English county cricket team. This agreement marks the first time an overseas investor has entered the English county cricket scene.

The Hindu · Mar 14, 2024

Obscure trust links India's top businesses with Modi's election war chest

Prudent Electoral Trust, largest donor to BJP, raises $272 million, sparking concerns over transparency in Indian political funding.

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