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Why PMO ignored Niti recommendations against handing over 6 airports to inexperienced Adani Group: CongressThe Adani Group's takeover of Mumbai airport should be a case study in crony capitalism, he also said, claiming that the GVK group had vigo...- There was no pressure from Adani Group to sell Mumbai airport: GVK's Sanjay ReddyIn an interview to television channel NDTV on Tuesday, Sanjay Reddy said, "There was absolutely no pressure from the Adani group or anyone ...
- Adani Airport Holdings to own nearly 98% stake in GVK Airport DevelopersAccording to a regulatory filing on Wednesday, AAHL, a wholly-owned subsidiary of Adani Enterprises Ltd, "pursuant to the rights exercised ...
- Tycoon Gautam Adani seeks $1 billion to refinance Mumbai airport debtBarclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings, the people said. Deuts...
- Virus impact: Navi Mumbai airport project faces further delay, won't be ready before 2025The GVK Group once again cited the adverse business impact of the Covid-19 pandemic for the delay in the construction of the Rs 16,000-cror...
- Adani-GVK airport deal gets CCI green signalAs per a notice filed with the watchdog, the acquirer proposes to acquire sole control of GVKADL through one or more steps, which will invo...
- Adani Group plans to raise $1 billion via sale of equity to fund takeover of Mumbai airportsThe conglomerate is currently in talks with about four global wealth funds, including Qatar Investment Authority (QIA) — a partner in Adani...
- GVK agrees to cede control of airport business to Adani GroupThe terms of cooperation include acquisition of debt by Adani from various GVK lenders including a Goldman Sachs led consortium and HDFC; r...
- Adani Enterprises to acquire controlling stake in Mumbai airport“The Adani Group will also take steps to complete the acquisition of a 23.5 per cent equity stake from ACSA and Bidvest in MIAL for which i...
- Adani Group in talks to buy out GVK and some partners in Mumbai AirportAdani Group had in March 2019 agreed to acquire 13.5 per cent stake of South African company, Bidvest for Rs 1,248 crore. However, GVK Grou...
- Arbitration tribunal restrains Bidvest from selling its stake in MIAL until further orderThe arbitration tribunal was hearing the case after the Supreme Court in December had directed it to take a call on the sale of Bidvest’s 1...
- Battle for stake in Mumbai Airport: High Court refuses interim relief to AdaniAdani Group had approached the high court in September seeking execution of its agreement with Bid Services Division Mauritius ('Bidvest'),...
- GVK raises Rs 7,600 crore to pare debt, buy 23.5% stake in Mumbai AirportGVK has raised a significant sum & will now look to halt Adani Group's bid to acquire a stake in Mumbai Airport.
- Amidst tussle with Adanis, GVK gets MCA notice after whistleblower complaint on fraud at MIALGVK group, a Hyderabad-based infra major, is challenging Adani Group's bid to buy out the 13.5 percent stake being held by its South Africa...
- Mumbai airport stake: Adanis move Bombay high court against GVK bid to stall its dealAdani in its suit filed on September 4 has claimed that its share purchase agreement dated March 5, 2019 with Bidvest, held through its Mau...
- AAI wants to buy out South African partners in MIAL while Adani drags Bidvest, GVK others to courtA GVK source said AAI hadn’t exercised its RoFR in time and there was no question of the state-owned company entering the fray.
- GVK inks pact to sell 49% stake in airports business to ADIA & NIIFThe Adani Group made an offer in January for the 23.5% held by two South African companies, prompting GVK to ringfence itself.
- GVK, partners agree to settle Mumbai Airport stake issueThe GVK-led consortium is building India's second busiest airport in Navi Mumbai for about Rs 16,000 crore.
- GVK taps NIIF-ADIA for Rs 6,500 crore to prevent Adani’s landing at MIALGVK’s promoters took the loans to finance an Australia project and the Bengaluru airport venture.
- Adani Group in race to buy 23.5% in Mumbai AirportThe Adani Group has sought to buy the stakes of Airports Company South Africa and Bidvest at a valuation of Rs 9,500 cr.
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