Sanjay Reddy

His comments come on a day when Congress leader Rahul Gandhi alleged in Lok Sabha that "Mumbai airport, was taken away from GVK using agencies such as the CBI and the ED, and was given to Adani by the Government of India".

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

Budget 2016: Expect budget to focus on infra & capital spend, says Memani

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 group to raise funds for airport business

The group, which has over Rs 20,000 crore debt burden, is operating Mumbai and Bangalore international airports. Reddy declined to comment on whether there are plans to list its airport business.

Mumbai airport was 'mother of all challenges' for GVK

GVK Reddy, chairman and Sanjay Reddy, vice-chairman of GVK Group in an interview to CNBC-TV18 discuss what went behind the scenes in terms of putting this new airport together.

Queensland projects to begin by FY14: GVK's Sanjay Reddy

GVK Hancock, has agreed to sell 51 percent stake in its rail and port projects in Australia to Queensland-based Aurizon Holdings Ltd for an undisclosed sum. In October 2011.

New tariff likely to be applicable from Jan 1: GVK Power

Sanjay Reddy of GVK Power & Infrastructure says Airports Economic Regulatory Authority (AERA) has floated consultation papers on tariff last week. "We expect that by December the tariff will be announced officially. The consultation paper suggests that from January 1, 2013 it will become effective," he adds.

Will submit add'l documents for clearance to Australia: GVK

Sanjay Reddy, the vice chairman of GVK Infra and the director of GVK Power says the company will provide the additional documents to the Australian federal government for the environmental clearance and expects a positive outcome soon.

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.