This development comes a week after the Central Bureau of Investigation (CBI) registered a case of cheating and forgery against the GVK Group, its promoter GVK Reddy, Sanjay Reddy, MIAL and nine other companies for causing a loss of Rs 705 crore to the government
The company had posted consolidated loss of Rs 122.61 crore in the year-ago period, GVK Power and Infrastructure said in a filing to BSE.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Reliance Industries, Torrent Power and Strides Shasun and can sell Union Bank of India.
The Supreme Court recently extended benefits of the liberalised airport land monetisation policy to existing developers as well.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy GMR Infrastructure, GVK Power and Motilal Oswal.
Ashwani Gujral of ashwanigujral.com suggests buying Reliance Capital, Larsen & Toubro and Vedanta.
Ashwani Gujral of ashwanigujral.com advises buying HDFC, V-Guard Industries and Indraprastha Gas.
Rajat Bose of rajatkbose.com feels that GVK Power may climb to Rs 15.
SBI | Bajaj Auto | Tata Power | GVK Power | Amtek Auto | Motherson Sumi | Bharat Forge | Jayshree Chemical | MTNL | Reliance Capital | Sintex | Hindustan Zinc | Music Broadcast | Healthcare Global | Sagar Cements | NBCC and Pfizer are stocks, which are in the news today.
Lupin | ICICI Bank | Grasim | Aditya Birla Nuvo | IRB Infra | Marico | Music Broadcast | GVK Power | GMR Infra | NOCIL | Ducon Infra | ABG Shipyard | Megasoft | South India Projects | Coromandel International | Nagarjuna Fertilisers | KPR Mills | Container Corporation and Gujarat Industries Power are stocks, which are in the news today.
Hindalco, Bharti Infratel, Grasim, Sun Pharma, ONGC, Tata Steel, HUL and Wipro were early gainers while BPCL, ACC, Ambuja Cements, Infosys, BHEL, Tata Motors, SBI and Dr Reddy's Labs were under pressure.
In an interview to CNBC-TV18's Shereen Bhan, Sanjay Reddy, VC, GVK Power & Infrastructure, Sumit Mazumder, President of CII and Rajiv Memani of EY expressed and discussed their expectations on Arun Jaitely's Union Budget.
GVK Power & Infrastructure has reported a consolidated total income from operations of Rs 1,068.32 crore and a net loss of Rs 123.50 crore for the quarter ended Sep '15
GVK Power | Info Edge | Indian Hume Pipe | JSW Energy | Siemens | Maruti Suzuki | YES Bank | L&T | NMDC | Repco Home Finance | Pfizer and BHEL are stocks, which are in news today.
Amelia North is in Madhya Pradesh and has a reserve of 70.28 million tonne. This is meant for the power sector and there are 11 qualified bidders for this, which include some of the major power players.
Chatterjee does not see things in the power sector getting better anytime soon despite the reforms proposed by the government
The weakness, however, is expected to be cushioned by a hint of BJP winning the assembly elections, as predicted by the opinion polls.
While some bankers said Apollo's bid for Cooper was risky due to the larger size of the target, the outcome will add to scepticism about the ability of Indian family-run firms to execute large cross-border deals despite their need to search for growth abroad.
In an interview with CNBC-TV18, Isaac George, Director - Finance, GVK Power and Infrastructure, spoke about its consortium, Mumbai International Airport Ltd, provided a status update about the construction work at the airport and discussed the company‘s other projects.
Speaking to CNBC-TV18, Harshvardhan Dole, vice president institutional equities, IIFL, says one should take a very selective call among gas stocks as some companies‘ valuations have been broken down badly.