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Construction & Infrastructure News

Yahoo acquires Bangalore based tech startup Bookpad

September 2014

Making its first buy in the Indian startup market, Yahoo has bought Bangalore based tech startup, Bookpad for a consideration of Rs 500 million. The ...

Deals, Yahoo, Bookpad, Tech Startup, IT Industry, E-Learning, Cloud Storage Startups

Parsvnath transfer development rights of Gurgaon project to Supertech

September 2014

Parsvnath Developers Ltd has informed in a BSE filing that the Company has entered into a transaction with Supertech Ltd, in terms of which the Compa...

Deals, Development Rights, Supertech, Township, Project, Transaction

Parsvnath Developers sells Gurgaon Township Project to Supertech

September 2014

Parsvnath Developers Ltd (PDL) has sold development rights of its township project at Sohna Road in Gurgaon to another builder, Supertech Ltd mainly ...

Deals, Parsvnath Developers Ltd, Township Project, Supertech Ltd, Debts, Raise, Development, Honey Builders Ltd, Housing, Foreign Investors

Shakti Pumps to raise Rs 450 mn from Global Environment Fund

September 2014

Water pumps manufacturer Shakti Pumps India Ltd has raised Rs 450 million through issuing 1.5 million compulsory convertible preference shares (CCPS)...

Deals, Shakti Pumps, Compulsory Convertible Preference Shares, Global Environment Fund

Ajay Piramal to acquire three highway projects of Ramky Infrastructures

September 2014

The Ajay Piramal Group has acquire Ramky Infrastructure’s three highway projects. The group has signed a nonbinding agreement to buy ownership of Ram...

Deals, Ajay Piramal Group, Ramky Infrastructure’s, Highway Project, Ramky Eslamex, Investment, Irrigation, Lift Irrigation, Dams, Barrages, Water, Wastewater, Divestment

Sadbhav Engineering acquires Patel Infrastructures stake in Ahmedabad Ring Road project

September 2014

Sadbhav Infrastructure Project Ltd, the subsidiary of Sadbhav Engineering has signed binding MoU to acquire stake in JV from Patel Infrastructure....

Deals, Sadbhav Infrastructure, Aquires, Patel Infrastructures, Debt, Equity, Sadbhav Engineering, SPV

QuEst Global to acquire NeST Groups Engineering Services Business

September 2014

QuEST Global Engineering, a Bangalore-based engineering services provider, acquires engineering services business of NeST Technologies which is based...

Deals, QuEST Global Engineering, Acquire, Bangalore, Kerala, Nest Group

Nitesh Estates to acquires Plaza Centre Mall in Pune

September 2014

Bangalore based Real estate developer Nitesh Estates has acquired Plaza Centre Mall owned by Israeli billionaire Mordechai Zisser for Rs 3,000 millio...

Deals, Acquire, Real Estate Developer, Nitesh Estates, Centre Mall, Mordechai Zisser, Property, Retail, Acquisition
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