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Construction & Infrastructure News

Tata Capital to picks up minority stake in Standard Greases and Specialties

September 2014

Alpha TC Holdings and Tata Capital Growth Fund I, both managed by Tata Capital are together purchase of over 17.36 per cent stake in Standard Greases...

Deals, Tata Capital Growth, Fund, Stake, Standard Greases & Specialties, Manufacturer, Greases, Lubricating Oils, Pt Gulf Oil, Investment

Realty Portal CommonFloor gets funding from Tiger Global

September 2014

Property listings portal CommonFloor.com has received US$30 (c.RS 1,800 million) from existing investor Tiger Global Management LLC. This is the bigg...

Deals, Realty, Portal, CommanFloor.com, Funding, Tiger Global Management LLC, Real Estate, Investor

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

GMR Infrastructure considers to raise Rs 1,500 crore through rights issue

September 2014

GMR Infrastructure is making efforts to reduce its debt burden of around Rs 40,000 crore in the last two years. In July the company could raise Rs 1,...

Rights, Issue, Fund, Raising, QIP, Airport, Road, Power

MSRDC likely to seek JICA funding for Bandra-Versova sea link project

September 2014

State-run road development corporation Maharashtra State Road Development Corporation (MSRDC) plans to undertake 9.3-km Bandra-Versova sea link proje...

Sea Link, Project, JICA, Funding, IRB, L&T

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

Hathway Cable to raise funds from global asset manager Capital Group

September 2014

India's largest cable TV service provider, Hathway Cable is raising Rs 3,000 million by way of preferential allotment of shares to funds managed ...

Deals, Hathway Cable, Capital Group, Asset Manager, Cable, Funds, Preferential Allotment, Share, Capital, Research, Management

Union Bank to raises Rs 13.86 bn via QIP

September 2014

The Union Bank of India aims to raise Rs 13.86 billion through a qualified institutional placement (QIP), this calender year to meet its capital adeq...

Deals, Union Bank of India, Raise, Funds, QIP, RBI, Sydney, Capital Adequacy Ratio
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