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Construction & Infrastructure News

Hero Cycles to acquire German bicycle maker MIFA

August 2014

Hero Cycles Ltd acquires 60 per cent stake in Germany’s largest bicycle maker Mitteldeutsche Fahrradwerke AG (MIFA) for US$15 million. The company wi...

Deals, Aquires, Hero Cycles Ltd, Germany, MIFA, Bicycle, Maker, Restructuring, Shares

SAIL-Tata Steel JV plans to acquire overseas coal assets

August 2014

S&T Mining Company Pvt Ltd is a joint venture of SAIL and Tata Steel with business interests in Exploration and Development of coal mines. It plans t...

Deals, SAIL, Acquire, Coal, Assets, Development, Coking Assets, Import, Tata Steel, Odisha

Karur Vysya Bank raises funds through Qualified Institutional Placement (QIP)

August 2014

Karur Vysya Bank has raised Rs 6,250 million through Qualified Institutional Placement (QIP) which it announced closure today. The fund raising is to...

Deals, Karur Vysya Bank, Raises, Funds, QIP, OIB, Equity Share, Special Resolution, Capital

Axis Bank to raise Rs 60 Billion through bonds

August 2014

Axis Bank has raise Rs 60 billion from bonds to fund its business growth. The board of Directors of Bank has approved issuance of long term bonds / n...

Deals, Axis Bank, Bonds, NCD, Loans, Deposits, Insurance, Cash Management Services, Treasury, Investments, Capital Market, Remittances, Global Depositary Receipt

Sagar Cements looks forward to acquire BMM Cements

August 2014

Sagar Cement plans to acquire Hyderabad based BMM Cements Ltd, part of the BMM Ispat Group. BMM has a capacity of one-million-tonne capacity greenfie...

Deals, Acquisition, Cement, Greenfield, Captive, Power

Royal Nirman acquires 55.48 per cent stake of MPF systems

August 2014

Royal Nirman Pvt Ltd has acquired 55.48% of the paid up capital of MPF systems held by promoters Wilo Se. Royal Nirman is into real estate, construct...

Deals, Acquisition, MPF Systems, Real Estate

JSW Steel plans to acquire Welspun Maxsteel for Rs 1,000 crore

August 2014

JSW Steel is making attempts to source cheaper raw material, improve productivity, cut down production cost and strengthen its presence in the northe...

Deals, Steel, Acquisition, Welspun, Maxsteel, Raw Material

Arohan raises Rs 440 mn through issue of NCDs

August 2014

Arohan Financial Services Pvt Ltd has issued NCD in two series to a Luxemborg based investor worth Rs 290 mn and to Microfinance Initiative for Asia ...

Deals, NCD, Funds, Raise, Microfinance, Debt Fund
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