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  • GVK promoter buys Jubilee Hills house in Hyderabad for Rs 23.15 crore Jul 27, 2021 01:52 PM IST

    GVK promoter buys Jubilee Hills house in Hyderabad for Rs 23.15 crore

    The independent house in Hyderabad’s posh Jubilee Hills area is spread across 6,033 sq ft and was purchased by GV Krishna Reddy, the chairman of GVK Group.

  • Why the airport business is so attractive for the Adani Group Sep 01, 2020 10:49 AM IST

    Why the airport business is so attractive for the Adani Group

    The entry barrier in the business by way of huge investments is high, which gives it a near-monopoly status

  • ED files money laundering case against GVK group, MIAL in Mumbai airport scam case Jul 07, 2020 03:45 PM IST

    ED files money laundering case against GVK group, MIAL in Mumbai airport scam case

    The ED will probe if genuine funds were laundered to amass personal assets by illegal routing of funds, officials said.

  • CBI books GVK: A once high-flying group is now having trouble staying aloft Jul 03, 2020 03:09 PM IST

    CBI books GVK: A once high-flying group is now having trouble staying aloft

    Even before its charges filed by CBI, Hyderabad-based GVK Group was facing problems in running its airports. The charges could not have come at a more inappropriate time.

  • In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays Jul 02, 2020 12:09 PM IST

    In CBI’s case against GVK: Bogus work contract, inflated expenses, fund diversion and hotel stays

    The FIR accuses GVK group, chairman GVK Reddy and others of siphoning off Rs 705 crore from Mumbai airport.  

  • Why the government’s infrastructure targets are a pipe dream Jul 12, 2019 11:09 AM IST

    Why the government’s infrastructure targets are a pipe dream

  • PM's Navi Mumbai airport event: GVK asks Cidco, JNPT to share 60 percent of Rs 10.3-crore cost Feb 27, 2018 07:45 PM IST

    PM's Navi Mumbai airport event: GVK asks Cidco, JNPT to share 60 percent of Rs 10.3-crore cost

    In the letter, GVK suggested that 60 percent of the total cost for the event be borne by the nodal plan authority Cidco and the JNPT, both state-run entities.

  • Buy Reliance Industries, Adani Transmission, IIFL Holdings, Bata: Ashwani Gujral Jul 24, 2017 11:59 AM IST

    Buy Reliance Industries, Adani Transmission, IIFL Holdings, Bata: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries, Adani Transmission, Allahabad Bank, IIFL Holdings and Bata India.

  • GVK exits Bengaluru airport, sells residual 10% stake to Fairfax Jul 13, 2017 07:35 PM IST

    GVK exits Bengaluru airport, sells residual 10% stake to Fairfax

    The Hyderabad-based GVK Group is present in energy, airports, transportation, hospitality and life sciences. The group set up the country's first independent power plant is also the first company to develop a six-lane road project under the PPP model.

  • GVK to exit from Bengaluru airport project Jun 02, 2017 08:30 PM IST

    GVK to exit from Bengaluru airport project

    GVK today said it has decided to exit from Bangalore International Airport Limited by selling its 10 per cent stake to Fairfax India Holdings Corporation for Rs 1,290 crore.

  • 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

  • GMR & Tata Realty to keep off Navi Mumbai airport bid Jan 04, 2017 09:17 AM IST

    GMR & Tata Realty to keep off Navi Mumbai airport bid

    When bids for Navi Mumbai airport project open next week, GMR Group and Tata Realty will abstain from bidding for the Navi Mumbai airport project due to "onerous" bid conditions, Business Standard reported Wednesday.

  • Initial bids for Navi Mumbai airport to be opened in January Dec 18, 2016 01:14 PM IST

    Initial bids for Navi Mumbai airport to be opened in January

    After much delay, the initial bids for development of the Navi Mumbai international airport is likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray.

  • GMR Infra bags new airport project in Goa Aug 26, 2016 07:04 PM IST

    GMR Infra bags new airport project in Goa

    Infra major GMR Infra who operates the Delhi and Hyderabad airports has bagged yet another project -- a new airport in Goa.

  • Etihad Airways launches daily A380 service to Mumbai May 03, 2016 03:20 PM IST

    Etihad Airways launches daily A380 service to Mumbai

    Flight EY204 from Abu Dhabi landed at Chhatrapati Shivaji International Airport in Mumbai on Sunday on the occasion of Maharashtra Day, the 56th anniversary of the state's formation.

  • Zurich Airport to exit Bangalore International Airport Apr 18, 2016 02:38 PM IST

    Zurich Airport to exit Bangalore International Airport

    BIAL owns and operates the Kempegowda International Airport Bengaluru (KIAB) under a 30-year concession agreement, with a further 30-year extension option from the Centre.

  • GVK Airport explores fund raising options to pare debt Dec 17, 2015 08:49 AM IST

    GVK Airport explores fund raising options to pare debt

    The airport arm is believed to have more than Rs 3,000 crore debt. "GVK Airport Developers Ltd, a wholly-owned subsidiary of our company has been exploring various options, over a period, to raise funds through PE investors, an IPO among others etc, to reduce its debt burden," GVK Power and Infrastructure said in a filing to the BSE.

  • India EU summit in first half of 2016: EU Dec 16, 2015 04:18 PM IST

    India EU summit in first half of 2016: EU

    Newly-appointed ambassador of European Union Tomasz Kozlowski said the issue of European Union restricting sale of around 700 generic drugs clinically tested by India's GVK Biosciences does not stand any more and both are now set to open a "new page" in their ties. FTA talks between the two sides will be held in January.

  • GVK to rejig airport debts worth Rs 9400cr via 5:25 route Dec 14, 2015 01:34 PM IST

    GVK to rejig airport debts worth Rs 9400cr via 5:25 route

    ICICI Bank is the consortium leader for Bengaluru airport restructuring while IDBI Bank will be the consortium leader for the Mumbai airport.

  • Adani's Australia coal mine hits environmental legal snag Aug 05, 2015 09:36 AM IST

    Adani's Australia coal mine hits environmental legal snag

    An Australian court on Wednesday revoked the government's environmental approval for one of the world's biggest coal mines under construction in the Australian outback by Indian conglomerate Adani Mining.

  • Loan recovery eludes India's banks despite growth pick up May 25, 2015 08:28 AM IST

    Loan recovery eludes India's banks despite growth pick up

    A recovery in India's credit growth could elude the country's banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.

  • Navi Mumbai International Airport project back on track Mar 16, 2015 05:31 PM IST

    Navi Mumbai International Airport project back on track

    According to CIDCO, the Navi Mumbai International Airport Project has four good bids now.

  • As India opens up coal sector, global cos cool on investing Feb 03, 2015 08:58 AM IST

    As India opens up coal sector, global cos cool on investing

    Indian conglomerates such as the Adani Group and GVK are expected to bid for coal blocks, but foreign firms will be harder to attract after previously facing obstacles to investing.

  • Kol, Chennai airports dropped off privatisation map: Source Nov 06, 2014 01:21 PM IST

    Kol, Chennai airports dropped off privatisation map: Source

    "Kolkata and Chennai airports have already seen huge investments by the Airports Authority of India but continue to be poorly managed. In all likelihood, these two airports will not be on the PPP map," the source said.

  • GVK wins environmental permit for huge Australian coal mine Oct 09, 2014 11:26 AM IST

    GVK wins environmental permit for huge Australian coal mine

    The GVK Hancock joint venture still needs to finalise a plan with coal rail operator Aurizon Holdings, overcome legal challenges to the project, and sign coal sales agreements before lining up financing for the huge project.

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