Tuesday, March 26, 2019

Tatas, GIC, SSG to invest $1.16 billion in GMR Airports

Tatas, GIC, SSG to invest $1.16 billion in GMR Airports GMR Infrastructure will hold a 54 percent stake and keep management control, while Tatas will hold about 20 percent, GIC 15 percent and SSG nearly 10 percent in GMR Airports Ltd after the investment.

from Moneycontrol Business News https://ift.tt/2Orw8eS
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Paras Defence shares soar 10% as Q2 net profit jumps 50% to Rs 14 crore

Paras Defence and Space Technologies shares surged following strong September quarter results, with net profit jumping 50% and revenue climb...