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Construction & Infrastructure News

Rico Auto Industries to divest stake in auto component JV with Japanese Partner FCC

September 2014

Rico Auto Industries Ltd is divesting its 50 per cent stake in JV company, FCC RICO Ltd to its JV Japanese partner FCC Co Ltd for a consideration of ...

Deals, Divesting, Rico Auto Industries, Stake, FCC Co Ltd, High Precision, Aluminum, Ferrous Components, Automotive OEMs

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

Apollo LogiSolutions buys majority stake in Dubai based Clarion Shipping

September 2014

Logistics solutions provider, Apollo LogiSolutions Ltd (ALS) has acquired a majority stake in Dubai-based shipping logistics company Clarion Shipping...

Deals, Logistics Solutions, Apollo LogiSolutions Ltd, Equity, Acquired, Stake, Geographical, Clarion Shipping, Storage Facility, NRI

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

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

FTIL exits from MCX by selling 5 per cent stake

August 2014

Financial Technologies India Ltd (FTIL) has exited from Multi Commodity Exchange of India (MCX) by selling its residual five per cent stake for Rs 2,...

Deals, Financial Technologies India Ltd, MCX, Sell, Stake, Offloaded, BSE, NSE, Kotak Mahindra Bank, SBI Life Insurance, Reliance MF, IDFC

Blackstone acquires 50 per cent stake In Emabassy Services

August 2014

Global private equity firm Blackstone is likely to acquires 50 per cent stake in Embassy Services Pvt Ltd for Rs 4,000 miliion as the duo prepare to ...

Deals, Blackstone, Equity, Stake, Property Management, Embassy Services Pvt Ltd, Bangalore, Chennai, Real Estate, Development

Jet Airways Ltd plans to sell stake in its low cost carrier arm JetLite India Ltd

August 2014

Jet Airways Ltd plans to sell stake in its low cost carrier arm JetLite India Ltd. The stake sale may be partial or complete. The company is already ...

Deals, Jet Airways Ltd, Stake, Partial
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