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Gvk Power Finance

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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......

692 Stocks Move Into Bear Territory

The sharp pullback in mid and smallcap stocks signals a cooling-off period in segments that previously attracted considerable investor interest. Illustration: Dominic Xavier/Rediff.com   Over......

With Mumbai in pocket, Adani is India's largest private airport operator

The Adani group on Monday said it will acquire GVK's stake in Mumbai airport to become the country's biggest private airport operator, with a cumulative share holding to 74 per cent. According to......

Power prices in India to rise 6%

Affected firms note practical problems in getting discoms, consumers to pay for costlier supply; viability shadow on investments The Union Cabinet’s decision on doubling domestic natural gas......

GDP growth set to weaken, business wants reforms

Anticipating data out on Friday will show weakening economic growth, the finance ministry will argue for an interest rate cut, but bankers and company executives say the key to recovery lies in how......

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