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Construction & Infrastructure News

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

Realty Portal CommonFloor gets funding from Tiger Global

September 2014

Property listings portal CommonFloor.com has received US$30 (c.RS 1,800 million) from existing investor Tiger Global Management LLC. This is the bigg...

Deals, Realty, Portal, CommanFloor.com, Funding, Tiger Global Management LLC, Real Estate, Investor

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

Pidilite Industries to acquires Blue Coats adhesive business

September 2014

Pidilite Industries Ltd has acquired the adhesive business of Ahmedabad based Blue Coat Pvt Ltd for a cash consideration of Rs 2,635.7 million on a ...

Deals, Acquires, Pidilite Industries Ltd, Blue Coat Pvt Ltd, Manufacturer, Adhesives, Textile Chemicals, Paint Products, Wood Preservative

Bharati Shipyard sells wind power business for Rs 555 mn

September 2014

As per the package of CDR, Bharati Shipyard Ltd has sold its wind power business to a Ghatge Patil Group company for Rs 555 million. Bharati’s windmi...

Deals, Bharati Shipyard Ltd, Sell, Power, Turbine Generators, Architects, Shipyard, CDR

Yahoo acquires Bangalore based tech startup Bookpad

September 2014

Making its first buy in the Indian startup market, Yahoo has bought Bangalore based tech startup, Bookpad for a consideration of Rs 500 million. The ...

Deals, Yahoo, Bookpad, Tech Startup, IT Industry, E-Learning, Cloud Storage Startups

Parsvnath Developers sells Gurgaon Township Project to Supertech

September 2014

Parsvnath Developers Ltd (PDL) has sold development rights of its township project at Sohna Road in Gurgaon to another builder, Supertech Ltd mainly ...

Deals, Parsvnath Developers Ltd, Township Project, Supertech Ltd, Debts, Raise, Development, Honey Builders Ltd, Housing, Foreign Investors

Shakti Pumps to raise Rs 450 mn from Global Environment Fund

September 2014

Water pumps manufacturer Shakti Pumps India Ltd has raised Rs 450 million through issuing 1.5 million compulsory convertible preference shares (CCPS)...

Deals, Shakti Pumps, Compulsory Convertible Preference Shares, Global Environment Fund
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