GMR Infrastructure reports 2.4x increase in net loss to Rs 398 cr in Q2, blaming idle power assets due to fuel scarcity.
India's Finance Ministry is finalizing rules for a new Infrastructure Trust Fund to accelerate investment in power, ports, and aviation projects, aiming to attract domestic and foreign investors.
GVK Power & Infrastructure Ltd plans to monetize 2.9 million sq. ft. of Mumbai International Airport's real estate to fund its modernization, pending Maharashtra Chief Minister's approval.