Lanco Infratech Ltd

  • GMR sells $35 million highway stake to slash debt September 17, 2013

    GMR Infrastructure has sold its majority stake in a highway project for about $35 million, as debt-laden companies step up sales of some assets to boost earnings in a sector struggling with a weak economy. GMR, one of the country's best known infrastructure groups, whose interests span airports to power plants, said...
  • Lanco Infra soars 18 per cent on settlement with Perdaman April 29, 2013

    Mumbai: Shares of Lanco Infratech Ltd on Monday surged 18 per cent in morning trade, after its Australian subsidiary, Griffin Coal, said the protracted litigation for a claim of AUD 3.5 billion initiated by Perdaman Chemicals against it has been settled. Cheering the news, shares of the company shot-up by 17.88...
  • Lanco Infra subsidiary settles litigation with Perdaman April 29, 2013

    Hyderabad: Griffin Coal, a subsidiary of Lanco Infratech Ltd in Australia, on Monday said the protracted litigation for a claim of AUD 3.5 billion initiated by Perdaman Chemicals against it has been settled. According to a release issued by Lanco, the Australian coal miner has agreed to pay Perdaman a...