GVK Energy admitted to NCLT against IDBI’s PleaNCLT initiated insolvency proceedings against GVK Energy following IDBI Bank's application for a Rs 1,106 crore debt, stemming from a corpo...
GVK Power (Goindwal Sahib) admitted for insolvencyThis is the second company of the GVK group, after GVK Industries, that has entered insolvency proceedings. The company has a debt of aroun...
Six Indian banks sue GVK for Rs 12,114 crore: ReportAccording to the report, GVK defaulted on a $1-billion loan and a $35-million letter of credit facility given by banks in 2011, and a $160-...
- GVK Power acquires Australia's Hancock Coal for $1.26 billion, plans to invest $10 billion more
GVK Power said it has agreed to acquire Australia's Hancock Coal for $1.26 billion, in one of the largest overseas acquisitions by an India...
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.
CCI clears GVK Group's additional stake buy in Mumbai Airport"Competition Commission of India approves acquisition of entire share of ACSA Global in MIAL by GVK Airport Holdings Ltd," the CCI said in ...
GVK should prove ability to buy stake, Bidvest tells courtThe debt-laden GVK is seeking to stave off a possible challenge for control after reports that Adani Group had also sought to acquire Bidve...
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 Coal under debt burden of $885 millionGVK Coal Developers, which owns mines in Australia, is burdened with $885 million of debt, according to GVK group's annual report.
GVK Power & Infra buys 100 pc stake in GVK Airport ServicesGVK Power & Infrastructure has acquired 100 per cent stake in GVK Airport Services, which operates Mumbai and Bengaluru international airpo...
GVK faces October deadline to pay $560 million for Australia coal assetsA senior GVK executive, who spoke on condition he was not named, confirmed the payment is yet to be made and is due next month.
GVK to sell 51% of Hancock’s Coal Infrastructure to AurizonAn over-stretched balance sheet forcing GVK to sell 51% stakes in its key Australian energy assets to rail-freight company Aurizon.
- GVK plans to sell 20% in Singapore arm to fund Australian projects
GVK owns 79% in the Alpha (‘Tad’s Corner’) and Alpha West (‘Paul’s Corner’) Coal Projects, located in the Galilee Basin.
- GVK buys 13.5% stake in Mumbai Airport firm
This transaction, through the step down subsidiary GVK Airport Holdings, has enabled GVK to acquire controlling stake of 50.5%, up from 37%.
- GVK Airport increases stake in MIAL to over 50%
GVK Airport Holdings said it has acquired 13.5 per cent stake in Mumbai International Airport for USD 231 million from Bid Services Divisio...
- GVK Power pares gains; Goldman maintains 'Hold'
GVK Power and Infrastructure Ltd pared their morning gains and turned negative after registering a rise of over 7% in trade today
- GVK Power and Infrastructure buys BIAL stake for Rs 614 crore, threat from Changi & Tatas forces co to pay premium for Siemens' 14%
GVK, which was given time till Aug 20 to exercise its right to buy Siemens shares, said it had agreed to ttransaction for Rs 614 cr.