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...
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...
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.
Ten more of GVK group’s entities under MCA lensThe companies include eight step-down subsidiaries of GVK group flagship GVK Power & Infrastructure ltd. Another entity on the radar includ...
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 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.
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.
GVK exits BIAL with 10 per cent sale to Fairfax India for Rs 1,290 croreOn March 24, GVK had sold 33% in the airport to Fairfax, the Indian unit of billionaire Prem Watsa's investment company, for Rs 2,202 crore.
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, Oasis ink Rs 580-crore pact for Mumbai airport land developmentGVK SkyCity includes uses like luxury, first class, mid-market, serviced apartments, convention centre, entertainment centre, office spaces...
GVK's net loss shrinks to Rs 45 crore in Q3GVK Power and Infrastructure today reported narrowing of net loss at Rs 45 crore for the quarter ended December 31, 2013.
- Singapore's Changi Airports to buy 26% in GVK Airports biz for Rs 2,200 crore
For Changi, the GVK deal will be a gateway to airports Mumbai and Bangalore. The deal will also free GVK from the need to invest in the air...
- 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 set to acquire Unique’s 12.2% in BIAL for Rs 485 cr
Infra major GVK is acquiring Flughafen Zuerich, or Unique’s, 12.2% stake in Bengaluru International Airport (BIAL) for Rs 485 crore.
- GVK Power acquires 46 pc in GVK Industries
Hyderabad-based GVK Power and Infrastructure on Tuesday said it has acquired 46 per cent in GVK Industries for an undisclosed amount.