Date:13/12/2007 URL: http://www.thehindu.com/2007/12/13/stories/2007121357721900.htm

Business - Briefly

GMR sells stake in infrastructure co.

NEW DELHI: GMR on Wednesday announced the raising of $1 billion through equity sale (9 p.c.) in the group company, GMR Infrastructure, a move that pegs its value at about Rs. 45,000 crore.