Gujarat Exclusive >

GVK Group

Adani Group to take control of Mumbai airport

Adani Group on Monday revealed that it will acquire GVK Group’s stake in Mumbai airport. Following the development, Adani Group will become the country’s largest private airport operator. Notably, the conglomerate will have 74 per cent stake in Mumbai airport once the stake purchase transaction is completed. While 50.5 per cent is bought from GVK...

CBI books GVK Group chairman, airport authority in Rs 805 cr Mumbai airport scam

A case has been registered against G Venkata Krishna Reddy, the chairman of the GVK Group of Companies and the Mumbai International Airport Ltd for alleged irregularities to the tune of Rs 805 crore. The case, filed by the Central Bureau of Investigation, also names officials of the Airport Authority of India (AAI) and nine...