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Construction & Infrastructure News

New gas prices and diesel regulation likely to push ONGC valuation

October 2014

Government of India plans to rake in Rs 63,425 crore during FY15 government through divestment route. The recent decision of the government with rega...

Deals, Stake, Sale, PSU, Disinvestment, Divestment, ONGC

Ajay Piramal to acquire three highway projects of Ramky Infrastructures

September 2014

The Ajay Piramal Group has acquire Ramky Infrastructure’s three highway projects. The group has signed a nonbinding agreement to buy ownership of Ram...

Deals, Ajay Piramal Group, Ramky Infrastructure’s, Highway Project, Ramky Eslamex, Investment, Irrigation, Lift Irrigation, Dams, Barrages, Water, Wastewater, Divestment

Parsvnath to raise funds from foreign investors

July 2014

Parsvnath Developers Ltd plans to rope in foreign investors for two commercial projects in the national capital region. The project includes new comm...

Parsvnath Developers, Real Estate, Investment, Construction, Delhi, Rohini, Divestment

GMR completes divestment of its majority stake in GUEPL

March 2014

The GMR Group has recently announced the successful completion of the divestment of its majority stake (74 per cent) in GMR Ulundurpet Expressways Pv...

Expressway, Divestment, Stake, IIF, GUEPL, Stake, IIF

Unitech divesting two hotel properties in Delhi NCR

January 2014

Real Estate firm Unitech is planning to divest its stake in two hotels located in Delhi and Noida and few land parcels in the south. As part of its d...

Divestment, Hotel, Properties, Builders, Developers

Centre exploring selling IOC stake to other oil PSUs to meet divestment target

January 2014

The empowered group of ministers (EGoM) led by Finance Minister P Chidamabaram had deferred a decision on the divestment of state-run Indian Oil Corp...

Divestment, Stake, Oil, ONGC, Oil India

Govt to take a call on stake sale in Balco, Hindustan Zinc

December 2013

To sell government's stake in Balco and Hindustan Zinc, Prime Minister Manmohan Singh will preside over a meeting, scheduled on November 29, that cou...

government's stake in Balco, Hindustan Zinc, Prime Minister Manmohan Singh, divestment

India's GAIL plans divestment of its stake in China Gas

August 2013

Indian government-owned GAIL India is planning a partial divestment of its current 4.6 per cent stake In the Hong-Kong listed gas distribution compan...

Indian government, GAIL India, partial divestment, stake, Hong-Kong, China Gas Holdings
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