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...
07 Feb, 2024, 11.30 PM IST
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...
04 Jul, 2023, 10.10 PM IST
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 ...
03 Jan, 2023, 06.49 AM IST
GVK writes to govt on Adani airport deal after global investors knocked on PM’s doorsIn a letter written to Finance Minister Nirmala Sitharaman, on 31st August – the day the transaction was announced --- GVK Reddy, the chair...
02 Sep, 2020, 09.53 PM IST
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...
07 Jul, 2020, 04.25 PM IST
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...
03 Jul, 2020, 11.16 AM IST
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.
28 Oct, 2019, 08.40 AM IST
GVK Power Q2 net loss widens to Rs 77 croreTotal revenue during the quarter rose to Rs 20.16 crore as compared to Rs 18.55 crore, it said.
11 Nov, 2017, 02.59 PM IST
GVK sells 10 per cent stake in BIAL for Rs 1,290 croreNow Watsa owns 48 per cent in the third busiest airport in the country and GVK, which built the greenfield project, exits the airport.
14 Jul, 2017, 12.26 AM IST
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.
03 Jun, 2017, 01.16 AM IST
GVK Power sells 33% stake in BIAL for Rs 2,202 croreThe move would help the company to deleverage its balance sheet and to bring down our debt level, the company said in a statement.
24 Mar, 2017, 11.43 PM IST
GVK Power & Infrastructure rallies over 13% as Australian govt grants environmental clearanceShares of GVK Power & Infrastructure rallied over 13 per cent after the Australian Federal Government granted environmental approval for it...
01 Nov, 2013, 06.46 PM IST
- GVK gets Australian government nod for rail project at Galilee Basin
Australia has granted approval to GVK to lay a single railway line connecting the Galilee Basin to the port of Abbot Point.
06 Jun, 2012, 07.11 PM IST
- 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.
28 Nov, 2011, 05.35 AM IST
- Promoter of GVK Power & Infrastructure, GV Krishna Reddy's wife sells part GVK power stake
Stock exchange filings show Indira Krishna Reddy transferred 40.95 million shares, which constitutes about 2.59% stake in GVK Power.
22 Sep, 2011, 04.05 AM IST
- GVK may finalise deal with Australia's Hancock in two months
GVK Power and Infrastructure may finalise a deal to buy coal mines operated by Australia's Hancock Prospecting in two months.
31 Jul, 2011, 03.21 PM IST
- GVK proposes Punjab to triple Goindwal Power Plant capacity
The 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
20 Aug, 2010, 03.33 PM IST