India's aerocities are booming, evolving into self-sustaining urban ecosystems. These airport-centric developments are attracting businesses, transforming cityscapes, and driving Non-Aeronautical Revenues for airports.
India’s major infra companies have paid over $1 billion in finance and interest costs during H1 of the current fiscal, causing significant margin dents.
GMR Infrastructure reports Q4 net loss of Rs 1,006.7 crore due to one-time loss from InterGen NV dissociation and Delhi airport losses.
Realty sector and infrastructure firms like GMR and HCC are venturing into the education sector, aiming to capitalize on the growing education industry in India.
Three high-value housing deals totaling Rs 300 crore have been closed in Delhi's Golf Links area. GMR, an auto dealer, and Naresh Gujral are among the buyers.