GVK group
It seems the new focus of Reliance ADA Group led by chairman Anil Ambani will be Infrastructure in this fiscal. Anil Ambani on Monday called on Andhra Pradesh chief minister Chandrababu Naidu and Telangana chief minister K Chandrasekar Rao (KCR), along with other industrial leaders including those from GVK and GMR groups. Reliance Infrastructure (RInfra), [...] Continue Reading »
An investors’ consortium led by IDFC Private Equity is in initial talks with the GVK Group to buy a significant minority stake in its airports business for $400 million (Rs 2,500 crore). The PE firm has very recently raised $644 million for an infrastructure fund and invests in roads, power and airport developers. The deal [...] Continue Reading »
