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Home2018September

Month: September 2018

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Mergers & Acquisitions

Airtel’s shareholders give green signal to its merger with TTSL

September 4, 2018

The shareholders of Bharti Airtel have given the green signal to the company’s proposed merger with Tata Teleservices Limited (TTSL) during the National Company Law Tribunal (NCLT) proceedings. According to a regulatory filing by Bharti […]

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Mergers & Acquisitions

RCOM completes asset sale worth Rs 30 billion to RJIL

September 4, 2018

Reliance Communications (RCOM) has completed the sale of its fibre and related infrastructure assets amounting to Rs 30 billion to Reliance Jio Infocomm Limited (RJIL). With the completion of this transaction, RCOM has transferred 178,000 […]

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Mergers & Acquisitions

Reliance Infra completes sale of Mumbai power business to Adani

September 4, 2018

Reliance Infrastructure (RInfra) has completed a Rs 188 billion deal for the sale of its Mumbai energy business to Adani Transmission Limited, to help it pare debt by two-thirds to Rs 75 billion. Though RInfra […]

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Mergers & Acquisitions

Brookfield-backed InvIT set to buy Indian gas pipeline

September 4, 2018

Reportedly, an infrastructure investment trust (InvIT) sponsored by Brookfield Asset Management, Inc. is in talks to acquire a 1,400 km gas pipeline owned by Pipeline Infrastructure Private Limited (PIPL), a wholly owned subsidiary of Reliance […]

Roads & Bridges

Progress in the Northeast: Views of NHIDCL’s Satyabrata Sahu

September 3, 2018

National Highways and Infrastructure Development Corporation Limited (NHIDCL) was incorporated by the Ministry of Road Transport and Highways (MoRTH) in July 2014, with the mandate of constructing roads, bridges and tunnels in hilly areas and […]

Urban Transportation

Indigenisation Initiatives: Focus on scaling up local production of metro rail subsystems

September 3, 2018

Metro rail systems are not just limited to managing urban traffic congestion in large Indian cities. In fact, metro systems are now considered an important tool for planned urban development around which mobility policies are […]

Power

Call for Flexibility: MoP issues draft note on merit order operation

September 3, 2018

In recent years, the growth in electricity demand has not been commensurate with the generation capacity addition, which has led to a decline in the plant load factor (PLF) of thermal power plants (TPPs). While […]

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