By Ed Christman The majority ownership stake in Global Music Rights (GMR) is now in new hands after a deal that valued the boutique performance rights organization at $3.3 billion closed just ...

GMR Group has received ₹6,300 crore investment from Abu Dhabi's sovereign wealth fund ADIA and the funds will help in reducing the debt of promoter group entity GMR Enterprises Pvt Ltd (GEPL).

GMR chairman Kiran Kumar Grandhi with Hampshire head Rod Bransgrove at the time of signing the landmark deal. Also seen are PKSV Sagar, the president of GMR Sports Venture Pvt Ltd, the county ...