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GVK GROUP
GVK-backed Oval Fertility launched in Hyderabad, eyes share in India's growing IVF marketGVK family-backed Oval Fertility has launched its first premium IVF center in Hyderabad, leveraging advanced embryo monitoring technology. ...- Purvah Green pulls the plug on Rs 5,750-cr GVK Energy resolutionPurvah Green, an RP Sanjiv Goenka Group company, has withdrawn its ₹5,750 crore bid for GVK Energy, citing uncertainties from the Gulf war....
- 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...
- 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 ...
- 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-...
- 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...
- 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...
- Adani Group in talks to buy out GVK and some partners in Mumbai AirportAdani Group had in March 2019 agreed to acquire 13.5 per cent stake of South African company, Bidvest for Rs 1,248 crore. However, GVK Grou...
- 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...
- GVK Group cuts salaries up to 30 per cent from May amid coronavirus pandemicIn the last over two months, numerous companies from across sectors have resorted to layoffs, salary cuts, deferred payments and 'Leave Wit...
- 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...
- Karnataka Minister seeks to block GVK Group's stake sale in Bengaluru airport to FairfaxWhile seeking the CM's intervention to "put on hold" the GVK Group's proposal to sell its balance equity, Shivakumar urged govt to get cont...
- GVK group plans Rs 500 crore integrated healthcare unit in Sri CityA senior Sri City executive said parleys with the GVK group are currently going on and an agreement could be signed over the next few weeks.
- 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...
- GVK Group may sell part of its Bangalore airport stakeGVK Group, the majority shareholder in both Mumbai and Bangalore airports, is planning to sell a part of its 43% stake in Bangalore Airport.
- 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 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.
- Hancock Deal: GVK Group to invest $6 bn for asset developmentGVK Group, which has announced to acquire assets of Hancock Coal in Australia, is likely to invest additional USD 6 billion.
- GVK Group's $1.36-billion deal with Australian billionaire Gina Rinehart follows a wave of Indian buys of foreign coal assetsCoal shortage is increasingly impeding Indian power companies from forging ahead with their ambitious plans.
- GVK Power to raise $1.2 bn debt for Hancock Assets buy; stock downGVK Power, a unit of infrastructure major GVK Group, is raising $1.2 billion as debt to part fund its acquisition of Hancock mines in Austr...
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