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THE GVK GROUP OF COMPANIES
Should long term investors bet on Waterways Leisure IPO?Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single ves...- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
- 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. ...
- Debenture holders move NCLT over '312-crore claim against GVK powerDebenture holders have moved the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against GVK Power and Infrastructu...
- 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-...
- 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...
- 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...
- 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...
- Private equity firms, airport operators vying for 13.5% in MIALThe deal size is pegged at $300-350 million (Rs 2,100-2,500 crore), valuing MIAL at Rs 15,000-18,000 crore.
- GVK asset sale: Syndicate Bank weighs fresh options to recover duesGVK Power & Infrastructure announced raising Rs 2,202 crore from Prem Watsabacked Fairfax India Holdings by selling a 33% stake in Bengalur...
- GVK Coal under debt burden of $885 millionGVK Coal Developers, which owns mines in Australia, is burdened with $885 million of debt, according to GVK group's annual report.
- GVK group plans to raise over Rs 3,000 croreSources said the group is looking to come out with an initial public offering of its airports arm, GVK Airport Developers Ltd.
- GVK to sell 51% of Hancock’s Coal Infrastructure to AurizonAn over-stretched balance sheet forcing GVK to sell 51% stakes in its key Australian energy assets to rail-freight company Aurizon.
- 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...
- TajGVK Hotels & Resorts Q3 net up at 12.91 croreHospitality firm TajGVK Hotels and Resorts today posted a marginal increase in net profit at Rs 12.91 crore for the third quarter ended Dec...
- GVK, RIL may link up for Navi Mumbai airportA strategic alliance may be in the works between the Reliance group and the GVK group for the proposed Navi Mumbai airport.
- GVK plans to merge group firms into umbrella companyThe GVK group is considering a plan to merge a clutch of unlisted group companies in the power and roads sector with the listed entity GVK ...
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