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  • Number of recoveries from COVID-19 in Andhra Pradesh crosses 19 lakh Jul 18, 2021 03:22 PM IST

    Number of recoveries from COVID-19 in Andhra Pradesh crosses 19 lakh

    The Covid-19 chart now showed a total of 19,40,096 positive cases, 19,02,256 recoveries and 13,132 deaths so far.

  • In Pics | A look at GVK Group's upcoming Navi Mumbai Airport Jun 09, 2021 04:21 PM IST

    In Pics | A look at GVK Group's upcoming Navi Mumbai Airport

    The GVK Group, on June 8, showcased images of the upcoming Navi Mumbai International Airport. The new airport takes its inspiration from the lotus, as per GVK.

  • Adani Airports acquires 23.5% stake in Mumbai International Airport for Rs 1,685 crore Feb 07, 2021 04:56 PM IST

    Adani Airports acquires 23.5% stake in Mumbai International Airport for Rs 1,685 crore

    The stake aquisition is part of Adani Group's plan to take over controlling stake in Mumbai International Airport Ltd, or MIAL.

  • MIAL sale | Investors send legal notice, cite “breach of contract” by GVK: Report Aug 29, 2020 12:25 PM IST

    MIAL sale | Investors send legal notice, cite “breach of contract” by GVK: Report

    The notice sent on August 27 states that constant media speculation about Adani Group’s interest in MIAL was a causing them concern

  • Abu Dhabi Investment Authority, Canada's PSP write to govt on Mumbai airport takeover: Report Aug 25, 2020 04:13 PM IST

    Abu Dhabi Investment Authority, Canada's PSP write to govt on Mumbai airport takeover: Report

    Media reports suggest that Adani Group is keen on acquiring a controlling stake in MIAL.

  • MIAL case: Enforcement Directorate carrying out searches at GVK offices in Mumbai, Hyderabad Jul 28, 2020 10:58 AM IST

    MIAL case: Enforcement Directorate carrying out searches at GVK offices in Mumbai, Hyderabad

    The Enforcement Directorate searches cover the residences of promoters of GVK group as well

  • MIAL says surprised to see registration of case by CBI Jul 02, 2020 10:55 PM IST

    MIAL says surprised to see registration of case by CBI

    The CBI has registered a case of cheating and forgery against GVK Group chairman GVK Reddy, his son, GV Sanjay Reddy, MIAL and nine other companies for allegedly siphoning off Rs 705 crore from the airport.

  • GVK Group cuts salaries up to 30% from May amid coronavirus pandemic Jun 03, 2020 06:20 PM IST

    GVK Group cuts salaries up to 30% from May amid coronavirus pandemic

    The diversified group, which is into energy, resources, airports, transportation, hospitality and life sciences sectors, has around 1,800 workforce.

  • MIAL stake row: Adani seeks HC nod to close Bidvest deal Nov 05, 2019 10:16 PM IST

    MIAL stake row: Adani seeks HC nod to close Bidvest deal

    On September 15, an arbitral tribunal, which heard the case between GVK and Bidvest, gave GVK time till October 31 to deposit the money to buy out Bidvest shares.

  • 11 GVK Group entities under MCA scanner post whistle-blower plaint Oct 15, 2019 12:05 PM IST

    11 GVK Group entities under MCA scanner post whistle-blower plaint

    MCA is also looking into role of auditors and company officials, including company secretary

  • GVK group to spend Rs 8,500cr on Navi Mumbai airport phase-I Sep 25, 2019 04:55 PM IST

    GVK group to spend Rs 8,500cr on Navi Mumbai airport phase-I

    Navi Mumbai International Airport Pvt Ltd proposed and submitted master plan to CIDCO and also provided performance security as per the terms of concession agreement.

  • GVK Group co to acquire 12 cr shares in Mumbai airport for Rs 924 cr Mar 22, 2019 02:36 PM IST

    GVK Group co to acquire 12 cr shares in Mumbai airport for Rs 924 cr

    After completion of this 10 per cent stake buy from ACSA along with the earlier purchase of 13.5 per cent from Bidvest, GVK Group's shareholding in MIAL will increase to 74 per cent from the existing 50.5 per cent, a company statement said.

  • AviAlliance, AMP Capital eye minority stake in Mumbai airport: Report Oct 25, 2018 10:00 AM IST

    AviAlliance, AMP Capital eye minority stake in Mumbai airport: Report

    The GVK group holds 50.5 percent stake in the airport and it wishes to sell some of it to free up cash for new projects like the second airport in the island city

  • GVK inviting bids for Mumbai airport stake sale: Report Aug 27, 2018 04:56 PM IST

    GVK inviting bids for Mumbai airport stake sale: Report

    The development comes as GVK is looking to free up cash for its upcoming projects, especially the construction of the Navi Mumbai airport, at a cost of approximately Rs 14,000 crore.

  • With 1 flight in 65 seconds, Mumbai busiest single-runway airport May 15, 2017 12:15 PM IST

    With 1 flight in 65 seconds, Mumbai busiest single-runway airport

    In terms of the number of passengers also, the city airport tops with 45.2 million people flying in and out in fiscal 2017 as against 44 million at Gatwick airport.f

  • Syndicate Bank to auction GVK's land bank to recover dues Mar 10, 2017 05:02 PM IST

    Syndicate Bank to auction GVK's land bank to recover dues

    Public sector lender Syndicate Bank has put up land bank owned by GVK Group in GVK Perambalur SEZ Pvt Ltd in Tamil Nadu for sale as part of recovery of its outstanding loan of Rs 175 crore.

  • GVK Group wins bid for Navi Mumbai International Airport Feb 14, 2017 01:00 PM IST

    GVK Group wins bid for Navi Mumbai International Airport

    The GVK Group that runs the swanky MIAL (Mumbai International Airport), pipped rival GMR Group on February 13, 2017, to bag the contract for the proposed international airport in Navi Mumbai, which will ease &#82

  • Navi Mumbai airport bids extended yet again to February 13, 2017 Jan 27, 2017 02:00 PM IST

    Navi Mumbai airport bids extended yet again to February 13, 2017

    The City and Industrial Development Corporation (CIDCO), for the second time on January 25, 2017, extended the deadline for submitting bids for the Navi Mumbai Airport to February 13, as it received only one &#82

  • TPG Cap, others eye Mumbai airport, line up to buy GVK stake Nov 04, 2016 08:27 AM IST

    TPG Cap, others eye Mumbai airport, line up to buy GVK stake

    US buyouts firm TPG Capital, Singapore sovereign fund Temasek, Canada‘s CPP Investment Board and Prem Watsa‘s Fairfax Financial Holdings are in lining up to acquire as much as 49 percent in Mumbai International Airport Ltd (MIAL) from the GVK group

  • Hopeful of securing Navi Mumbai airport bid by Oct: GVK Reddy Sep 07, 2016 11:56 AM IST

    Hopeful of securing Navi Mumbai airport bid by Oct: GVK Reddy

    The bids have started coming in, says GVK Reddy of GVK Group. However, he adds that GVK, GMR and the Tatas are the only qualified bidders.

  • Bad loans: Mallya not the only one giving banks sleepless nights Mar 18, 2016 08:35 AM IST

    Bad loans: Mallya not the only one giving banks sleepless nights

    For the past week the 9,000 crore rupee loss that Vijay Mallya has caused the banking system has dominated headlines and mind space.

  • IPO market heats up, 30 cos ready Rs 16,000 crore offers Aug 18, 2015 04:07 PM IST

    IPO market heats up, 30 cos ready Rs 16,000 crore offers

    At least 19 of them have already got green light from market regulator Sebi to launch their Initial Public Offers (IPOs), while draft IPO papers of eight firms are "under process" and may be cleared soon.

  • IndiGo, Infibeam, Teamlease eye over Rs 3,000 cr via IPO Jun 30, 2015 12:23 PM IST

    IndiGo, Infibeam, Teamlease eye over Rs 3,000 cr via IPO

    Merchant banking sources said the draft papers for all the three Initial Public Offers (IPOs) were being submitted to capital markets regulator Sebi on Tuesday.

  • IPO market heats up; over 30 cos line up public offers Jun 29, 2015 08:16 AM IST

    IPO market heats up; over 30 cos line up public offers

    At least 20 of these firms have already got the go-ahead from market regulator Sebi to launch their respective Initial Public Offers (IPOs), while draft IPO papers of five firms are currently "under process" but may be cleared soon.

  • BHEL commissions 82.5 MW hydro power unit in Uttarakhand Jun 11, 2015 05:45 PM IST

    BHEL commissions 82.5 MW hydro power unit in Uttarakhand

    The greenfield hydro electric project - consisting of four units of 82.5 MW each - has been set up by Alaknanda Hydro Power Corp Ltd (GVK Group).

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