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Construction & Infrastructure News

TCG Group to acquire 40 per cent stakes in Haldia Petrochemical

September 2014

The West Bengal government is transferring its stake in Haldia Perrochemical Ltd to Purnendu Chatterjee's TCG Group. As per the agreement signed ...

Deals, Haldia Petrochemical Ltd, Purnendu Chatterjee, TCG Group, Bengal Industrial Development Corporation, Equity, Indian Oil Corporation

Government decides to divest 11.36 per cent stake in NHPC

September 2014

The proposal to disinvest 11.36 percent paid up equity capital of NHPC Ltd out of the Government of India’s shareholding of 85.96 percent is approved...

Deals, Disinvestment, India, Stake, Share, CCEA

Sun pharma to raise Rs 120 bn through QIP

September 2014

India’s largest drug maker by value, Sun Pharmaceutical has plan to raise Rs 120 bn through qualified institutional placement (QIP) and is seeking sh...

Deals, Sun Pharmaceutical, QIP, Drug Maker, Fund, Raise

SSG Capital Management acquires stake in Asset Care Ltd (ACRE)

September 2014

Singapore based distressed and special situation PE firm SSG Capital has acquired 49 per cent stake in securitization and reconstruction firm, Asset ...

Deals, PE Firm, Asset Care Ltd, SSG Capital Management, Securitization, Reconstruction, Subscribing, IFCI Ltd, Punjab National Bank, Investment, FDI

KPIT Technologies acquire 50 per cent stake in Impact Automotive

September 2014

KPIT Technologies Ltd has informed in a BSE filing that the company has acquired 50 per cent stake held by Bharat Forge Ltd in Impact Automotive Solu...

Deals, Stake, Acquisition, Impact Automotive

L&T acquires Rambolls Stake in L&T-Ramboll Consulting

September 2014

Larsen & Toubro Ltd, in a strategic move to strengthen its design base in the Infrastructure space, has acquired 50% of the stake in L&T-Ramboll Cons...

Deals, Consulting, Engineers, Ramboll, Subsidiary

Sadbhav Engineering acquire JV partner's stake in two SPVs

September 2014

Sadbhav Engineering Ltd has signed definitive agreement to acquire stake in the two special purpose vehicles (SPVs) from joint venture (JV) partner G...

Deals, Aquire, SPVs, Joint Venture, Infrastructure, Construction, Road, Highways, Mining, Irrigation, HYTPL, MBHPL, GKC, Sadbhav Engineering Ltd, Bridges

Exhilway Global invests US$4 mn in IndiDebt.com

September 2014

Exhilway Global, the asset management firm has invested US$4 million in yet to be launched debt funding platform. The portal will countenance Indian ...

Deals, Exhilway Global, Asset Management, Investment, Convertible Debt Bonds, IndiDebt.com
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