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Construction & Infrastructure News

Bharat Electronics and Thales form JV for Defence Radars

October 2014

Bharat Electronics Ltd (BEL) and French technology firm Thales are forming a Joint Venture (JV). This Joint Venture company will focus on the design,...

Deals, Bharat Electronics Ltd, French Technology, Thale, Joint Venture, Design, Development, Marketing, Supply, Civilian, Defence Radars, Air Traffic Management

JSW Energy signs mou with JPVL to acquire three of its power plants

October 2014

JSW Energy Ltd has signed a binding memorandum of understanding with Jaiprakash Power Ventures Ltd (JPVL) for the 100 per cent acquisition by JSW Ene...

Deals, Power, Plant, Acquisition, Stake, JPVL, Bina Thermal Power, Karcham Wangtoo, HEP, Baspa-II

Kridhan Infra acquires stake in Econ Geotech

October 2014

Kridhan Infra specialises in pile foundations. The company has informed in a BSE filing that , has bought 60 per cent stake in Singapore-based Econ G...

Deals, Pile, Foundation, Econ Geotech, KIL, KH Foges Pte, Stake, Acquisition

Sagar Cement board approves to acquire BMM Cements

October 2014

Sagar Cements Ltd (SCL) announced that its Board of Directors has accorded its “in principle” approval for the acquisition of 100% equity stake in BM...

Deals, Cement, Plant, Acquisition, Approval, Limestone

IVRCL offers to sell its stake in Rs 4,000 crore worth of Bot projects

October 2014

Infrastructure major IVRCL Ltd plans to offered to sell some of its assets including operational and under construction road projects and Desalinatio...

Deals, Debt, Road, Projects, Desalination, Assets

Multiplex operator PVR to raise Rs 5 billion through QIP

October 2014

Multiplex operator PVR currently has 97 theatres with a total of 421 screens. The company plans to raise Rs 5 billion through the Qualified Instituti...

Deals, QIP, Fund, Raising, Multiplex Operator

Minda Corporation picks up majority stake in JV partner Minda Furukawa Electric

October 2014

Minda Corporation Ltd has acquired 2 per cent stake from its Japanese Joint Venture Partner Furukawa Group. The two percent acquisition gives it a m...

Deals, Minda Corporation Ltd, Joint Venture, Acquires, Minda Furukawa Electric, Manufacturer, Allied Components, Couplers, Relay Boxes

Ujjivan Financial Services Raises Rs 1,250 mn from SIDBI

October 2014

Bangalore based Ujjivan Financial Services, a leading microfinance institution with Pan India currently, has raised Rs 1,250 million in debt from Sma...

Deals, Ujjivan Financial Services, Microfinance Institution, SIDBI, MFI, Debt, Pan India
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