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Construction & Infrastructure News

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

Ask Group to invest in township project of Paranjape Schemes in pune

August 2014

ASK Property Investment Advisors, the real estate PE arm of financial services firm ASK Group, decided to invest RS 550 million in Paranjape Schemes&...

Deals, Invest, Ask Property Investment, Real Estate, Private Equity, Financial Services, Township Project, Villas

Paytm in talks with Asian PE firm to raise fund

August 2014

Paytm is a mobile commerce company has plans to raise US$350 million and is in talks with Asian private equity firms for the same. The fund will be u...

Deals, Mobile Commerce, Paytm, Logistics, Technology, Geography, Courier, Expansion, Equity

Lanco Infratech Sells Udupi Thermal Power plant to Adani Power

August 2014

Lanco Infratech Ltd has sold a 1,200-megawatt (MW) Udupi Thermal Power plant in the southern state of Karnataka to Adani Power Ltd. The deal is value...

Deals, Lanco Infratech Ltd, Thermal Power Plant, Adani Power Ltd, Fuel Linkages, Debt, Expansion

RAK Ceramics plans to raise funds through IPO

August 2014

RAK Ceramics India Pvt Ltd plans to raise funds for its expansion plans in India. To achieve this, the company has decided to come out with an IPO ne...

Deals, Fund, Raise, IPO, Sanitaryware, Ceramic, Vitrified, Tiles
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