R-Infra gets Rs 1,000-cr deal from Gujarat govt

Anil Dhirubhai Ambani Groupflagship company Reliance Infrastructure Ltd (R-Infra) has won a Rs 1,000-crore (Rs 10-billion) road project from the Gujarat government, within a week after winning the......

TN to get multi-product SEZ

The Tamil Nadu government on Friday signed a memorandum of understanding with Hyderabad-based GVK Group to set up a Rs 1,500-crore (Rs 15 billion) multi-products special economic zone in 3,000......

GVK raises stake in Mumbai airport to 50.5%

GVK Airport Holdings, a subsidiary of Hyderabad-based infrastructure developer GVK Power & Infrastructure Limited (GVKPIL), has signed a share purchase agreement with Bid Services Division......

Financial jitters for GVK-Hancock deal

GVK Power and Infrastructure's multi-billion dollar acquisition of Hancock Coal is facing last-minute jitters, as lenders financing the deal are scaling down their exposure.According to two......