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GVK GROUP OFFICIALS
CBI court stays summons against GVK Group officialsCBI court stays summon proceedings in Rs 705 crore cheating case against Mumbai International Airport Ltd. The accused include GVK group ch...- MIAL case: CBI court sets aside summoning order against 58 accusedAdvocate Vijay Aggarwal appearing for the MIAL and its officials and directors argued that the summoning order was passed in a mechanical m...
- No graft by govt officials in GVK case: CBI CourtIn June 2020, the CBI had registered a case of criminal conspiracy and fraud against the Hyderabad-based infrastructure conglomerate - the ...
- 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...
- Mumbai Airport money laundering scam: ED carries out searches in Mumbai & HyderabadIn June, the CBI had booked the promoters of Hyderabad-based leading infrastructure conglomerate, the GVK group and the Mumbai Internationa...
- Mumbai airport development scam: ED registers money laundering caseAccording to the CBI FIR , the promoters of GVK group in connivance with unknown officials from Airport Authority of India (AAI) adopted va...
- CBI registers FIR against promoters of GVK Group, MIALThe promoters of GVK group allegedly misused reserve funds of MIAL to the tune of Rs 395 crore to finance their group companies, the CBI ha...
- 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 moves High Court to stop Bidvest from selling MIAL stake to third partyInjunction filed to preempt a possible takeover by Adani Group; hearing on Monday.
- 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.
- PM's Navi Mumbai airport event: GVK asks Cidco, JNPT to share costGVK suggested that 60 percent of the total cost for the event be borne by the nodal plan authority Cidco and the JNPT, both state-run entit...
- Singapore's Changi out of race for GVK airports stake: OfficialChangi Airports International is now out of the race to pick up stake in GVK's airports business due to regulatory issues, a senior GVK off...
- Changi Airports out of race for GVK's airports stake: GVKGVK, through its wholly owned GVK Airport Developers Pvt Ltd unit, holds 50.5 per cent of a consortium that operates the Mumbai airport.
- GVK Infrastructure wants Rs 180 crore refund for surrender of gas blocksGVK Infrastructure said it is negotiating with the government for refund of Rs 180 cr spent on seven deepwater exploration blocks already s...
- 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 proposes Punjab to triple Goindwal Power Plant capacityThe expansion could be done by setting up two more units of 660 MW each in addition to the two units of 270 MW each being set up
- GVK Energy plans to raise USD 300 mn from PE playersGVK Power & Infrastructure Ltd's subsidiary GVK Energy plans to raise up to $300 mn through PE in 3-4 months.
- GVK to take pilot's seat at B'lore airportGVK Power and Infrastructure is likely to take management control of Bangalore International Airport on Friday.
- GVK eyes management control of B’lore airportThe GVK group is likely to take management control of the Bangalore International Airport (BIAL), five months after buying L&T and Zurich A...
- 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.
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