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Construction & Infrastructure News

HG Infra Engineering IPO receives total subscription of 44 per cent

March 2018

The initial public offering (IPO) of HG Infra Engineering received 44 per cent subscription at the bidding process held recently. As reported, the is...

IPO, HG Infra Engineering, EPC services, Capital equipment, NHAI, MoRTH.

Record growth continues as solar installations in India reach 2.2 GW in Q3 2017

March 2018

The India solar industry continued its recording-breaking year with a cumulative 7,149 MW installed at the end of Q3 2017. A total of 2,247 MW was in...

Solar industry, Mercom Capital Group, Rooftop capacity, GST

IFC to invest Rs 324 crore in Altico Capital for affordable housing projects

February 2018

The International Finance Corporation (IFC) has plans of providing a debt financing of around Rs 324 crore to non-banking financial company Altico Ca...

International Finance Corporation, Altico Capital India, PMAY, Housing for All, L&T Finance Holdings, Ashiana Housing, Aspire Home Finance, Micro Housing Finance, Aptus Value Housing Finance

Budget Reactions | Finance

February 2018

This year's budget has primarily focused on three key sectors namely agriculture, healthcare and infrastructure. The proposed plan of the government ...

Agriculture, Healthcare, Infrastructure, Rural Haat-s, MSP, Agro-logistics services, National Bamboo Mission, Construction, Pension Funds, Govind Sankaranarayanan, Tata Capital, Pradhan Mantri Awas Yojna scheme, Khushru Jijina, Piramal Finance, Piramal Housing Finance

Budget Reactions | Real Estate

February 2018

The government’s move to promote affordable housing by setting up a special fund is welcome. It will boost buyers’ sentiments and help revive the rea...

Affordable housing, Magicbricks.com, Sudhir Pai, NHB, Government of India, GST, NoBroker.com, Amit Kumar Agarwal, REIT, Prestige Group, LTCG, K Raheja Corp, Kishore Bhatija, Ashish R Puravankara, CLSS

Ex-JLL India Capital Markets MD launches ANB Capital Advisors

February 2018

Shobhit Agarwal, ex-Managing Director-Capital Markets & International Director of JLL Property Consultants (India), has launched ANB Capital Advisors...

Shobhit Agarwal, ANB Capital Advisors, GST, REIT, Real estate

Altico Capital invests Rs.430 crore in Supertech project

February 2018

Altico Capital has invested Rs 430 crore in a Noida project being developed by Supertech. Altico's funding is for a part of the Capetown's luxury pha...

Altico Capital, Noida project, ORB, CapeLuxe, Construction, Supertech project

Prestige Group acquires stakes worth Rs.324 crore

February 2018

Prestige Group, through its subsidiary, has concluded acquisition of CapitaLand's stake in various SPVs for a total of about Rs 324 crore. The acquis...

Prestige Group, CapitaLand, Oakwood, SPV
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