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GVK DEVELOPMENT PROJECTS
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 moreGVK 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 Power may gain up to 20% on Navi Mumbai Airport bid winShares of GVK have fallen 2% and GMR's have risen 30%in the last one year against the Sensex's gain of 23.3% in the same period.
- 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 wins environmental permit for huge Australian coal mineThe company said that it further plans to meet every environmental condition that has been set by regulatory authorities.
- Australia approval for port work in Queensland to benefit Adani Group, GVKAustralia has given the green signal for port-related works in Queensland, a development that will benefit Indian companies GVK and Adani G...
- GVK Hancock, Aurizon to jointly develop rail line, coal terminal at Abbot PointGVK Hancock said it has reached an accord with Australia-based Aurizon to jointly develop a rail line and coal terminal at Abbot Point Port...
- Uttarakhand floods could impact GVK's hydro-electric projectRecent floods in Uttarakhand could impact GVK Group's upcoming 330 MW Srinagar hydel project at Pauri district in the state.
- 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.
- Aurizon to buy 51 per cent stake in Hancock Coal InfraAurizon, will buy 51 per cent stake in Hancock Coal Infrastructure, which owns GVK Group's Hancock rail in Queensland, for an undisclosed s...
- GVK gets final green nod for Australian coal projectGVK Power won environmental approval for its $10.4 bn Alpha coal and rail project in Australia's Queensland, with 19 conditions to protect ...
- Greenpeace moves SEBI against GVK on Oz coal projectGreenpeace has moved the Indian securities mkt regulator against GVK accusing it of suppressing sensitive adverse information.
- GVK Power & Infrastructure gets green nod for $10-bn Australia coal, rail projectInfrastructure conglomerate GVK has received environmental clearance from the Queensland government in Australia for its Alpha coal and rai...
- GVK gets environmental approval for alpha coal & rail project at AustraliaThe milestone is a major achievement for GVK and its Alpha Project is now the only Galilee Basin proponent with an approved EIS.
- GVK looking to offload stake in Australia's Hancock Coal minesGVK group is looking to sell part of its stake in Hancock coal mines in Australia to raise funds for development of the Australian assets t...
- GVK Power mulling acquisition of thermal power projects in Andhra Pradesh"The firm (GVK Power) is looking at acquiring two thermal power projects in Andhra Pradesh. It is evaluating that option," a source said.
- GVK plans to sell 20% in Singapore arm to fund Australian projectsGVK owns 79% in the Alpha (‘Tad’s Corner’) and Alpha West (‘Paul’s Corner’) Coal Projects, located in the Galilee Basin.
- PDP hurls corruption charges at Omar nowOmar Abdullah plans to file a defamation suit against PDP legislators who accused him of receiving kickbacks for allotting the 690-MW Ratle...
- 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 eyes malls, realty bizHyderabad-based GVK Group, which is executing the Mumbai airport modernisation, is looking at aggressive bidding.
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