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GVK suffers Q4 net loss at Rs 109 crore

GVK Power and Infrastructure Ltd (GVK PIL) on Saturday said its net loss for the fourth quarter of FY15 stood at Rs 109 crore against Rs 235 crore in the same quarter of 2013-14.

GVK to sell stake in airport business by FY'14 end: Official

GVK Group, which manages Mumbai and Bengaluru international airports, has received proposals from as many as five companies to sell stake in the airport business and a deal is likely to be sealed by this fiscal end.

GVK Power June quarter net loss at $5 mn

The company posted a net loss of 305.9 million rupees in the quarter, compared with a loss of 643 million rupees a year earlier. Net sales fell 14.5 percent to roughly 7 billion rupees.

GVK Power & Infra terminates highway contract with NHAI

GVK Power and Infrastructure Monday terminated contract with the National Highways Authority for building a section of road in Madhya Pradesh.

Fuel shortage, interest burden hit infra cos Q2 profits

Shortage of fuel supply to power plants coupled with high interest burden have impacted the profits of infrastructure companies during the July-September quarter of the current fiscal.

GVK ties up with Indonesian Airport Authority

GVK Power and Infrastructure Thursday said it has entered into an agreement with the airport authority of Indonesia to manage the non-aeronautical commercial operations at Bali International Airport.

GVK Airport Holdings acquires 50.5% stake in MIAL

GVK Airport Holdings (GVKAHPL), a subsidiary of GVK Power and Infrastructure (GVKPIL), Tuesday said it has acquired a 13.5 percent stake in Mumbai International Airport (MIAL) for a consideration of USD 231 million from Bid Services Division (Mauritius).