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Construction & Infrastructure News

New gas prices and diesel regulation likely to push ONGC valuation

October 2014

Government of India plans to rake in Rs 63,425 crore during FY15 government through divestment route. The recent decision of the government with rega...

Deals, Stake, Sale, PSU, Disinvestment, Divestment, ONGC

Jaiprakash Associates likely to sell its stake to Shree Cement

October 2014

Jaiprakash Associates is reeling under debt of Rs 60,000 crore. To cut down its debt, the company plans to sell its 2.1 million tonne Bhilai Cement u...

Deals, Shree Cement, Bhilai Cement, Stake, Debt

Jaiprakash Associates in talks with Shree Cement Ltd to sell Bhilai Cement Unit

October 2014

Jaiprakash Associates Ltd is the flagship company of Jaypee Group is selling its 2.1 million tonne Bhilai Cement Unit to Shree Cement Ltd for an val...

Deals, Jaiprakash Associates Ltd, Shree Cement, Cement, Steel Authority, Bhilai Cement, Stake

Amulya acquires 13.62 per cent additional stake in Apollo Pipes

October 2014

Amulya Leasing & Finance Ltd has further acquired 13.62% stake in Apollo Pipes Ltd (in addition to the 16.47% stake acquired earlier) taking its tota...

Deals, Apollo Pipes, Acquisition, Stake

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

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

Birla Financial to acquire stake in KSS Ltd

September 2014

Birla Financial Distribution Pvt Ltd is acquiring 11 per cent stake in media firm KSS Ltd by converting the optionally convertible redeemable bonds a...

Deals, Birla Financial Distribution, Convertible Redeemable Bonds, Birla Gold, Stake, Media Firm, KSS Ltd, Investments, Gold Mines, Miniplexes, Digital Cinema, Education, Edutainment, Online Trading, Project Consultancy
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