27-11-2012
Maldives Strikes Down $511 Million Deal With GMR Infra
In a major blow to the Indian economy, the Maldivian Government headed by Mohammed Waheed Hassan cancelled the $511 million contract for development of Male Airport, which was earlier awarded to GMR Infra in 2010. As a result, the GMR Infra shares plunge nearly 7% at the National Stock Exchange.
SOURCE: articles.chicagotribune.com
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