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Construction & Infrastructure News

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

Naveen Jindal plans to exit from the oil and gas business

August 2014

Naveen Jindal plans to exit from oil and gas business and also sell stakes in some project held by JSPL to reduce debt which stands at Rs 375 billion...

Deals, Oil and Gas, Mines, Power, Jindal Power, Steel, JSPL, Stakes, Cement

Franklin Electric Co acquires stake in two companies in India

August 2014

Franklin Electric Co acquired majority stakes in two Indian companies. The acquired companies are Pluga Pumps and Motors Pvt Ltd and Wadcorpp India P...

Deals, Franklin Electric Co, Pluga Pumps and Motors Pvt Ltd, Wadcorpp India Pvt Ltd, Acquire, Stakes, Stock

PE player plans to invest Rs 55.3 crore in La Opala

July 2014

Private Equity player Westbridge Capital is likely to acquire 4.53 per cent stake in La Opala RG Ltd. The tableware and kitchenware maker La Opala p...

Deals, La Opala, Raise, Westbridge Capital, Equity Share, Preferential, Stake, Funds, Vistaar Financial Services, Investment

Atrias Power projects gets funding from GE Energy Financial Services

July 2014

GE Energy Financial has acquired equity stake with an undisclosed investment for three wind power projects which is being developed by Atria Power Lt...

Deals, GE Energy Financial Services, Equity Stake, Acquired, Atrias Power Ltd, Andhra Pradesh. Madhya Pradesh, Renewable Energy, Ananthapur, Funding, Power

Jindal Power plans to sell entire stake in Arunachal hydro project

July 2014

Jindal Power Ltd is seeks to sells its whole stake in 1800 MW Kamala Hydro power project in Arunachal Pradesh. JSPL has interest in 3 hydro projects ...

Deals, Jindal Power Ltd, Kamala Hydro power, Project, Etalin project, Stake, Arunachal hydro project

Chrys Capital sells stake In Gammon India

July 2014

Chrys Capital has sold 7.9 per cent stake in Gammon India Ltd amounting to 10.9 million shares for a total consideration of Rs 297.7 million in the o...

Deals, Chrys Capital, Stake, Gammon India Ltd, Consideration, Shares, HDFC MF, Allianz Life Insurance

Aditya Birla PE to acquire stake in CIBIL

July 2014

Aditya Birla Private Equity plans to buy out 10% stake in CIBIL Ltd at a cost of Rs 1200 million. The deal would offer exit route to existing stake h...

Aditya Birla Private Equity, CIBIL Ltd, ICICI Bank, Stake, Deals
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