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Feb 27, 2018
PM's Navi Mumbai airport event: GVK asks Cidco, JNPT to share 60% of Rs 10.3-cr foundation stone-laying ceremony costIn an unprecedented move, the Navi Mumbai airport developer GVK Group has asked two government bodies--Cidco and JNPT--to cough up a part of the cost incurred on foundation stone-laying ceremony attended by Prime Minister Narendra Modi
Feb 18, 2018
Narendra Modi lays foundation stone of Navi Mumbai airport, says aviation sector set to soar in IndiaWhile laying the foundation of Navi Mumbai international airport in Mumbai on Sunday, Prime Minister Narendra Modi said, "This is the first time that a greenfield project has been undertaken in the aviation sector", media reports said.
Jan 09, 2018
GVK signs concession agreement with Cidco to develop Navi Mumbai international airportGVK through its subsidiary, Mumbai International Airport (MIAL) holds 74 percent equity shares of the SPV- Navi Mumbai International Airport (NMIAL) while Cidco holds the balance 26 percent.
Nov 24, 2017
Navi Mumbai airport likely by 2019, phase one capacity seen at 10 mn passengers a year, says CidcoA 90-meter tall hillock is being razed to just 8 meters for runways for the upcoming Navi Mumbai international airport
Jul 13, 2017
Emergency services hit as ambulance staff go on indefinite strike in three Gujarat districtsThe '108' emergency ambulance service was partially hit on Thursday in three districts of Gujarat as its operating staff went on an indefinite strike, an official said.
Jun 02, 2017
GVK to exit Bengaluru airport project, to sell residual stake to Fairfax India for Rs 1,290 crSale proceeds from the stake sale will be used for reducing the debt component of GVK Group
May 22, 2017
RBI likely to announce guidelines to NPA ordinance within a fortnightBanks have been reluctant to resolve NPAs through settlement schemes or sell bad loans with hair cut to asset reconstruction companies for fear of 3Cs -- CBI, CAG and CVC.
Feb 23, 2017
Akhil Akkineni-Shriya Bhupal’s wedding called off: Were compatibility issues to blame?For now, neither Akhil Akkineni nor Shriya Bhupal have released an official statement about calling off their wedding
Oct 17, 2016
Mumbai International Airport operations to be hit from Tuesday to November endOperations will be partly hit between October 18 and 31 at Mumbai airport between 1200 hrs and 1600 hrs on alternate days, as the main runway will be closed for repair.
Mar 28, 2016
GVK power to divest 33% in BIAL to Fairfax for Rs 2,149 croreGVK Power and Infrastructure today said it will divest 33 per cent stake in Bangalore International Airport Ltd (BIAL) to Fairfax India Holdings Corporation for Rs 2,149 crore.