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Construction & Infrastructure News

Azure Clean to raise US$14.3 mn from International Finance Corporation (IFC)

September 2014

International Finance Corporation (IFC), is lending US$14.3 million to PE-backed Azure Power India Pvt Ltd's renewable energy arm Azure Clean Ene...

Deals, International Finance Corporation, Raise, Power, Renewable Energy, Disclosure, Solar Photo Voltaic

Milestone Capital Advisor sells ACORN Logistics park for Rs 1500 Mn

August 2014

Milestone Capital Advisors, Private equity firm has sold 1.1 million square feet ACORN Logistics Park for Rs 1500 million which located at Bhiwandi....

Deals, Milestone Capital Advisors, PE, Flipkart, Tesco, Logistics Park, Sell

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

Ratan Tata to invest in e-tailer Snapdeal

August 2014

Ratan Tata, Chairman Emeritus of Tata Sons, has made a personal investment in Delhi based online marketplace, e-tailer Snapdeal.com. The company did ...

Deals, Investment, Tata Sons, Snapdeal, Housing, Tata Value Homes, Bangalore, Chennai, Pune, Mumbai, Ecommerce

Hero Cycles to acquire German bicycle maker MIFA

August 2014

Hero Cycles Ltd acquires 60 per cent stake in Germany’s largest bicycle maker Mitteldeutsche Fahrradwerke AG (MIFA) for US$15 million. The company wi...

Deals, Aquires, Hero Cycles Ltd, Germany, MIFA, Bicycle, Maker, Restructuring, Shares

SAIL-Tata Steel JV plans to acquire overseas coal assets

August 2014

S&T Mining Company Pvt Ltd is a joint venture of SAIL and Tata Steel with business interests in Exploration and Development of coal mines. It plans t...

Deals, SAIL, Acquire, Coal, Assets, Development, Coking Assets, Import, Tata Steel, Odisha

Karur Vysya Bank raises funds through Qualified Institutional Placement (QIP)

August 2014

Karur Vysya Bank has raised Rs 6,250 million through Qualified Institutional Placement (QIP) which it announced closure today. The fund raising is to...

Deals, Karur Vysya Bank, Raises, Funds, QIP, OIB, Equity Share, Special Resolution, Capital
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