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Construction & Infrastructure News

IVRCL offers to sell its stake in Rs 4,000 crore worth of Bot projects

October 2014

Infrastructure major IVRCL Ltd plans to offered to sell some of its assets including operational and under construction road projects and Desalinatio...

Deals, Debt, Road, Projects, Desalination, Assets

Multiplex operator PVR to raise Rs 5 billion through QIP

October 2014

Multiplex operator PVR currently has 97 theatres with a total of 421 screens. The company plans to raise Rs 5 billion through the Qualified Instituti...

Deals, QIP, Fund, Raising, Multiplex Operator

Minda Corporation picks up majority stake in JV partner Minda Furukawa Electric

October 2014

Minda Corporation Ltd has acquired 2 per cent stake from its Japanese Joint Venture Partner Furukawa Group. The two percent acquisition gives it a m...

Deals, Minda Corporation Ltd, Joint Venture, Acquires, Minda Furukawa Electric, Manufacturer, Allied Components, Couplers, Relay Boxes

Ujjivan Financial Services Raises Rs 1,250 mn from SIDBI

October 2014

Bangalore based Ujjivan Financial Services, a leading microfinance institution with Pan India currently, has raised Rs 1,250 million in debt from Sma...

Deals, Ujjivan Financial Services, Microfinance Institution, SIDBI, MFI, Debt, Pan India

SREI decides to raise Rs 1,500 crore through NCDs

September 2014

Srei Infrastructure Finance Ltd has launched decided to raise Rs 1,500 crore through public issue of non-convertible debentures (NCD). The amount wil...

Deals, NCD, Funds, Public Raise, Investment, Lending

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

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
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