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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

Government not able to meet its divestment target in the last three years

August 2014

The Government of India could not meet its disinvestment in the last couple of years.The disinvestment target set was Rs 40,000 crore, Rs 30,000 cror...

Deals, Disinvestment, Target, Achievement

Healthcare chain plans to raise Rs 150 crore for expansion

August 2014

Hyderabad based Omni Hospitals plans to raise up to Rs 150 crore in the next fiscal. The funds would be used to expand services in the eastern and ce...

Deals, Private, Equity, Healthcare, Funds, Raise, ASK Pravi

GMR Infra to buy partners stake in MRO unit at Hyderabad

August 2014

GMR Infra plans to sell its aircraft maintenance facility after buying out stake of its partners in this unit. The facility is jointly owned by GHIAL...

Deals, Debt, Burden, MRO, SEZ, Airport, GHIAL

Government gear up to divest 10 per cent stake in RINL in the current fiscal

August 2014

The Government of India is gearing its disinvestment plan. The government is looking forward to sell 10 per cent stake each in RINL and HAL and a 5 p...

Deals, Disinvestment, Target, SAIL, RINL, HAL

Indraprastha Gas to invest funds in Maharashtra Natural Gas

August 2014

Indraprastha Gas Ltd (IGL) plans to invest Rs 1,900 million in Maharashtra Natural Ltd by acquiring 50 million equity shares from institutional inves...

Deals, Indraprastha Gas Ltd, Acquires, Maharashtra Natural Ltd, Equity Shares, Capital, Invest

L&T Infrastructure Finance plans to raise US$1 billion in a PE Fund

August 2014

L&T Infrastructure Finance Company Ltd looking to raise US$1 billion Private Equity(PE) fund to invest in roads, ports, power and other projects....

Deals, L&T Infrastructure Finance, Private Equity, Ports, Power, Road, Investment, Global Pension, Funds
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