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Airport firm GMR considers rupee-bond sale of $579 million

July 24, 2025

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Hindustan Times Rajasthan

GMR Airports Ltd is considering a ₹5,000 crore ($579 million) local-currency bond sale, according to people familiar with the matter, in what could bea record rupee issuance for India’s second-largest private airport operator.

- Bloomberg

Airport firm GMR considers rupee-bond sale of $579 million

The New Delhi-based company is considering to raise the funds through a note due in 18-months to three years and will use the proceeds to refinance existing debt, one of the people said, asking not to be identified as the details are private. The firm may aim to price the securities at about 10.5%, the person said.

A representative for GMR Airports didn’t respond to an email seeking comments.

المزيد من القصص من Hindustan Times Rajasthan

Hindustan Times Rajasthan

Customs norms must enable faster exports: Revenue secy

SHRIVASTAVA SAID CUSTOMS WILL STRENGTHEN SYSTEMS, WORKFORCE AND TECHNOLOGY CAPABILITIES

time to read

1 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Fate of US trade deal post tariff takedown

A prudent approach for India is to let uncertainties arising out of the SCOTUS ruling resolve themselves to the extent possible before finalising the trade deal with the US, and pursue domestic policy reforms

time to read

4 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Samsung plans to take AI to budget phones in India

Leading consumer electronics maker Samsung will democratise artificial intelligence (Al) technology for its smartphones as it aims to bring this feature to entry-level devices, said a company official.

time to read

1 mins

February 27, 2026

Hindustan Times Rajasthan

NCLAT backs class action suit against Jindal Poly Films

The National Company Law Appellate Tribunal (NCLAT) on Thursday upheld the admission of a class action petition against Jindal Poly Films filed by minority shareholders.

time to read

1 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Nvidia smashes forecasts with record quarter

Nvidia on Wednesday reported blockbuster quarterly results that blew past Wall Street expectations, posting record revenue of $68.1 billion as insatiable demand for its artificial intelligence chips showed no sign of cooling.

time to read

1 mins

February 27, 2026

Hindustan Times Rajasthan

Iran says not seeking N-arms as it holds crucial talks with US

Iran's missiles: Sticking point in talks

time to read

3 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Tighter record norms for food businesses

In a sweeping change that will impact nearly five million food businesses in India, the country's food regulator plans to tighten food safety compliance norms by mandating daily production and storage records to be maintained by such units.

time to read

2 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

Apple lines up banks for payments play in India

Apple Pay in India is expected to support India’s UPI alongside card based payments

time to read

2 mins

February 27, 2026

Hindustan Times Rajasthan

India’s flying training organisations need reset

In recent times, it seems as if air disasters in the country have been vying for national attention.

time to read

3 mins

February 27, 2026

Hindustan Times Rajasthan

Hindustan Times Rajasthan

RBI CLEARS SBI MF PLAN TO BUY 9.99% STAKE IN BANDHAN BANK

The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99% in Bandhan Bank, according to a regulatory filing on Thursday.

time to read

1 min

February 27, 2026

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