Law ministry changes stance on premium restructuring for road projectsLaw ministry had rejected the road ministry proposal to defer premium payments for distressed highway developers including GVK and GMR.
09 Jul, 2013, 01.31 PM IST
No relief for GVK, GMR on premium paymentThe law ministry has rejected the proposal to defer premium payments for distressed highway developers such as GVK and GMR.
16 May, 2013, 05.00 AM IST
No rebid for mega projects worth over Rs 11,000 crore left by GVK, GMRIndustry members say the projects would make sense if cost increase is factored in. Then there is the question of whether the premiums quot...
06 May, 2013, 04.30 AM IST
- Road projects worth Rs 11000 crore may be re-bid
Big-ticket highway projects worth Rs 11,000 crore, abandoned by infrastructure majors GMR and GVK, could end up being re-tendered.
01 Apr, 2013, 05.56 AM IST
Supreme Court verdict augurs well for road developersThe recent SC verdict to delink forest clearance from environment clearance augurs well for road developers in the coming quarters.
15 Mar, 2013, 04.48 PM IST
- MoEF moves swiftly on clearances for shelved highway project
'Environment minister Jayanthi Natarajan approved file granting environmental clearance for upgradation of Kishangarh-Ahmedabad national hi...
06 Feb, 2013, 11.26 AM IST
National Highways Authority of India to ensure contractors don’t take exit route"the NHAI has reached out to them on an informal basis to check if ‘all is well’ and ascertain the extent and gravity of the problems they ...
31 Jan, 2013, 12.43 PM IST
GMR, GVK road cancellations to have only minimal impact: Larsen & TourboLarsen & Tourbo today played down the impact of losing some orders following GMR Infra and GVK walking out of two road projects earlier thi...
24 Jan, 2013, 08.49 PM IST
GMR, GVK exiting mega projects due to unviability: NHAI"GVK project in our view requires an equity of Rs 1,500 cr. GMR project may require an equity in the order of Rs 2,000 cr," says NHAI chief.
17 Jan, 2013, 04.53 PM IST
- Road Ministry unlikely to award targeted 9,500 km projects by March
The official attributed the delays to a number of reasons including hardships in securing green clearances, problems in land acquisition an...
15 Jan, 2013, 05.59 PM IST
- GVK Power & Infra terminates highway contract with NHAI
GVK Power and Infrastructure today terminated contract with the National Highways Authority for building a section of road in Madhya Prades...
14 Jan, 2013, 07.04 PM IST
- NHAI to approach Supreme Court against Environment Ministry over delay in forest clearances
NHAI has decided to approach the Supreme Court against Environment Ministry seeking clarifications on the issue.
09 Jan, 2013, 06.15 PM IST
- JP Morgan upgrades GVK Power to ‘overweight’; sees sharp price upmove
JP Morgan has upgraded GVK Power & Infrastructure from ‘neutral’ rating to ‘overweight’ and increased the target price to 19 from Rs 12 ear...
09 Jan, 2013, 05.22 PM IST
- GVK Power & Infrastructure: Profitability likely to be squeezed
Lower gas availability, high interest income and short term borrowing weighed down GVK Power & Infrastructure or GVK to post a loss of Rs 1...
16 May, 2012, 12.40 PM IST
- GVK Power & Infrastructure: Profitability likely to come under further pressure
In the quarter to March 2012, GVK’s two operational power plants worked at 55 to 60% capacity because of lower gas availability from Relian...
14 May, 2012, 06.53 PM IST
- GVK emerges as frontrunner to develop and operate Shivpuri-Dewas national highway in MP
GVK has emerged as the frontrunner to develop and operate the 330 km stretch Shivpuri-Dewas national highway in Madhya Pradesh.
01 Aug, 2011, 07.50 PM IST
- Lalu hints at 'people friendly' rail budget
The rail budget for the year 2008-09 would be 'people friendly', Railway Minister Lalu Prasad indicated on Friday.
08 Feb, 2008, 03.08 PM IST