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GVK group News

02 Aug 2021

Shiv Sena workers damage 'Adani Airport' signboard in Mumbai

The Adani Group last month said it has taken over the management of Mumbai international airport from the GVK group Shiv Sainik shouted slogans against the signboard when the airport is named after Chhatrapati Shivaji Maharaj

02 Jul 2020

CBI books GVK Group chairman for siphoning off Rs 800 cr from Mumbai airport

The Central Bureau of Investigation (CBI) on Wednesday (July 1) registered a case against GVK Group of Companies chairman G Venkata Krishna Reddy and some officials of Airport Authority of India (AAI) for allegedly siphoning off Rs 800 crore in the name of development of Mumbai International Airport.

09 Apr 2018

Mumbai Airport shut for runway repairs, no flights in or out

Flights will resume at 5 pm, and the runway will also remain shut from 11 am to 5 pm on April 10.

02 Jun 2017

GVK to exit from Bengaluru airport project

GVK Power and Infrastructure Limited on Friday said it has decided to exit from Bangalore International Airport Limited by selling its 10 percent stake to Fairfax India Holdings Corporation for Rs 1,290 crore (approximately $200 million).

06 Aug 2015

State-run AAI plans to explore international markets

Of the 125 AAI-managed airports, 18 also cater to international traffic, 78 are domestic, seven customs airports and 26 civil enclaves at defence airfields.

GVK Coal Developers

21 Jul 2015

GVK Coal under debt burden of $885 million

GVK Coal Developers, which owns mines in Australia, is burdened with USD 885 million of debt, according to GVK group's annual report.

06 May 2015

Bhel commissions GVK's hydro-power project in Uttarakhand

The project is designed to utilise the waters of River Alaknanda by way of a diversion dam.

04 Feb 2015

GVK seeks regulatory clarity on Navi Mumbai airport

The GVK Group-run Mumbai International Airport (MIAL), which is among those shortlisted to build the airport in neighbouring Navi Mumbai, today said there is a need for regulatory clarity.

15 Sep 2014

Looming payment for Australia coal assets hangs over GVK

GVK bought 79 percent stakes in the Alpha and Alpha West coal projects and a 100 percent stake in the Kevin`s Corner project from Rinehart`s Hancock Prospecting for $1.26 billion.

Mumbai International Airport

27 Aug 2014

GVK-Oasis ink Rs 580-cr pact for Mumbai airport land devpt

This transaction is part of the process of overall commercial development of 22 million square feet of the airport in phases over a period of ten years.

04 Jul 2014

GVK signs deal for 75% land acquisition for Oz rail project

Australia's Hancock Coal, owned by GVK Group promoters, has completed negotiations for acquiring 75 percent of the land required for its proposed rail line being developed between its coal mines in Galilee Basin and Abbot Point Coal in Queensland province, the company said.

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