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Construction & Infrastructure News

Kesoram Industries plan to sell Birla Tyres

October 2014

Kesoram Industries Ltd, the flagship of the BK Birla Group has plans to exit its tyre business or offload a majority stake in it to lift a debt moun...

Deals, Kesoram Industries Ltd, Tyre, Debt, Cement, Rayon, Spun Pipes

Amulya Leasing plans to acquire additional stake in Apollo Pipes

October 2014

Financial services provider Amulya Leasing and Finance Ltd has plans to incresed its stake to 30.9 per cent through buying additional 13.62 per cent ...

Deals, Amulya Leasing, Acquires, Apollo Pipes, Financial services, CPVC, HDPE, UPVC, Column Pipes, Manufacturer, Irrigation Systems

Referral hiring portal GrownOut gets funding from Matrix Partners India

October 2014

Delhi based referral hiring solution provider, GrownOut has raised an undisclosed amount of investment from Matrix Partners India. GrownOut plans to ...

Deals, GrownOut, Referral Hiring Solution, Matrix Partners, Funds

L&T Technology plans to acquire Dells Engineering Service Business

October 2014

L&T Technology Services, the wholly owned arm of the infrastructure and engineering major Larsen and Toubro, has plans to buy the engineering service...

Deals, L&T, Engineering Services, Infrastructure, Acuire, Competition Commission

Kotak Mahindra Banks acquires 15 per cent equity stake in MCX

October 2014

Kotak Mahindra Bank Ltd (KMBL) has acquired 76,49,755 equity shares aggregating to 15 per cent equity stake in Multi Commodity Exchange of India Ltd,...

Deals, Stake, Acquisition, Multi Commodity Exchange

Infrastructure firm IVRCL to sell BOT Projects to Pare Debt

October 2014

IVRCL plans to monetize assets worth Rs 40 billion to reduce its debt. The company, is selling its Chennai seawater desalination plant and the Jaland...

Deals, IVRCL, BOT Project, Sell, Seawater Desalination Plant, Road Project, Debt, Trim

Suprajit Engineering acquiring speedo cable business of Pricol

October 2014

Bangalore based automotive cable maker, Suprajit Engineering Ltd is acquiring the Speedo Cable Business from Coimbatore based Pricol Ltd for an undis...

Deals, Bangalore, Automotive Cable Maker, Suprajit Engineering Ltd, Acquires, Speedo Cable, Pricol Ltd, Machinery, Manufacturer, Oil Pumps, Disk Brakes, Sensors, Industrial Gauges

Japans Sumitomo acquires auto lease business of Carzonrent

October 2014

Japanese conglomerate Sumitomo Group (SMAS) has acquired car lease business of Carzonrent India Pvt Ltd, the car rental firm. It did not disclose the...

Deals, SMAS, Acquires, Car Lease, Carzonrent India, Car Rental, Taxi, Easy Cabs
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