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The Latest Breaking News from GMR Airports

GQG Partners sells 1.8% stake in GMR Airports for Rs 1,906 crore; Fidelity buys holding

US investment firm GQG Partners has sold a 1.8 per cent stake in GMR Airports to Fidelity International. The deal, valued at Rs 1,906 crore, saw GQG Partners offload 19.50 crore shares. Fidelity International acquired the same number of shares. This transaction occurred as GMR Airports reported a profit of…

The Economic Times

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

Delhi Airport’s Terminal 2 could be phased out by 2033

Delhi Airport's Terminal 2 will close by 2033. Operator DIAL plans to expand Terminal 3 by adding a new pier. This expansion will accommodate all domestic flights currently using Terminal 2. The new pier will handle 1.2 crore passengers annually. This move is part of a new master plan for…

The Economic Times

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Ahead of Market: 10 things that will decide stock market action on Thursday

Benchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances. Analysts said Nifty remains range-bound with weak sentiment persisting below key resistance levels, despite easing volatility and selective buying interest across sectors.

The Economic Times

Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in April

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and…

The Economic Times

Airport gets award for passenger care

GMR Airports-run Rajiv Gandhi International Airport (RGIA) in Hyderabad has received the ACI World’s (Airports Council International) prestigious “Voice of Customer” recognition for the second time in

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