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BIAL STAKE ACQUISITION
Prem Watsa: How an Indian became Canada's Warren BuffettIndian-Canadian billionaire Prem Watsa, hailed as the "Warren Buffett of Canada," has announced his succession plan for Fairfax Financial H...- Fairfax India to buy 10% more in Bangalore airportFairfax India Holdings Corporation is increasing its stake in Bangalore International Airport Ltd (BIAL) to 74% by buying an additional 10%...
- 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.
- Prem Watsa-owned Fairfax Financial Holdings close to picking up controlling stake in Catholic Syrian BankIt is one of India's oldest private sector lenders. This marks the first takeover of a local private bank by a foreign investor.
- Debt-riddled GVK reaches out to JSW Group for sale of its Mumbai and Bengaluru airportsGVK is among the most indebted infrastructure conglomerates in India. Net group debt at the end of FY15 stood at Rs 26,500 crore.
- GVK Power reports Q3 net loss at Rs 209.12 croreGVK Power and Infrastructure Ltd today said its consolidated net loss for the quarter to December widened to Rs 209.12 crore.
- Changi-GVK deal talks on minority stake in India's airport business take off againThe development highlights renewed interest of global aviation & airport development cos in India as an investment destination.
- GVK Power & Infra surges on bourses in morning tradeShares of GVK Power and Infrastructure surged by up to 6.32% after the company raised its stake in Bangalore International Airport Ltd.
- Stocks to watch: GVK Power, Cipla, Monnet Ispat, Spanco, Tube InvestmentsGVK Power and Infrastructure is likely to take management control of Bangalore International Airport, or BIAL, on Friday.
- Stocks to watch: GVK Power, JSW Steel, Reliance Power, Reliance MediaWorks, Edserv Softsystems, NTPCCrude oil prices were steady in Asian trade Monday after OPEC ministers said they don't expect any change in production levels. Benchmark c...
- GVK buys L&T's 17% stake in BIAL for Rs 686 croreGVK Power & Infrastructure has increased its stake in BIAL by acquiring 17% stake of L&T Infrastructure Development Projects for Rs 686 cro...
- GVK acquires L&T's 17 pc stake in BIAL for Rs 686 crGVK Power & Infrastructure on Sunday said it has acquired 17 per cent stake in Bengaluru International Airport through a subsidiary from L&...
- GVK set to acquire Unique’s 12.2% in BIAL for Rs 485 crInfra major GVK is acquiring Flughafen Zuerich, or Unique’s, 12.2% stake in Bengaluru International Airport (BIAL) for Rs 485 crore.
- Some developments & trends in Indian Aviation sectorAirports Authority of India will establish Mobile Command Post (MCP), a hightech safety service at its 66 big airports to combat and co-ord...
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