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What 6 Indian banks vs Singapore’s GVK unpaid loans case in London high court is all about

GVK group's GVK Coal Developers had borrowed $1 billion and $159,973,008 from six Indian banks, in 2011 and 2014, to fund its interests in Australian coal and infrastructure projects. While the loans remain unpaid, GVK tried to sell Bengaluru and Mumbai airports without the banks' knowledge.
Hancock Deal: GVK to invest $6 bn for asset development

GVK Group, which has announced to acquire assets of Hancock Coal in Australia for USD 1.26 billion, is likely to invest additional USD 6 billion in the first phase of development, a senior company official said.
Hancock mines to be primarily funded by equity: GVK Power

GVK Power acquired a major coal resource and infrastructure development project, Hancock Coal in Australia. Valued at USD 1.26 billion, it is one of the largest overseas acquisitions made by an Indian infrastructure company.

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Gvk Coal Developers

What 6 Indian banks vs Singapore’s GVK unpaid loans case in London high court is all about

Hancock Deal: GVK to invest &#36;6 bn for asset development

Hancock mines to be primarily funded by equity: GVK Power

Hancock Deal: GVK to invest $6 bn for asset development