Avaada Energy Private Limited (AEPL) has secured financing of about Rs 10 billion ($143.8 million) in the form of equity infusion from the Asian Development Bank (ADB), Germany-based DEG, the Netherlands Development Finance Company (FMO), […]
Gurugram-based logistics company Delhivery has raised $413 million (Rs 28.9 billion) in a funding round led by the SoftBank Vision Fund. Private equity firms Carlyle and China’s Fosun International invested in this round. Delhivery has […]
Kalpataru Power Transmission Limited (KPTL) has signed a definitive agreement to acquire an 85 per cent stake in Swedish firm Linjemontage i Grästorp AB (LMG) for an enterprise value of $24 million (Rs 1.65 billion). […]
Fairfax India Holdings Corporation has picked up a significant minority stake in Seven Islands Shipping Limited for Rs 5 billion ($72 million). The deal involved a fresh issue of shares and a secondary acquisition of […]
Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), has announced the acquisition of a controlling stake worth Rs 10 billion in Kribhco Infrastructure Limited […]
True North has sold its majority stake in Innovative B2B Logistics Solutions Private Limited (InLogistics) to a unit of Adani Ports and Special Economic Zone Limited at an enterprise valuation of Rs 3.31 billion. This […]
Bharti Airtel has transferred an additional 16.76 per cent stake held in Bharti Infratel to Nettle Infrastructure Investments Limited. The stake, worth over Rs 100 billion, has been transferred in two tranches. As per the […]
A consortium of the Tata Group, a unit of Singapore’s sovereign wealth fund GIC and SSG Capital Management will invest Rs 80 billion ($1.15 billion) to buy a 44 per cent equity stake in GMR […]
The promoter of the cash-strapped Jet Airways stepped down as chairman of the board on March 25, 2019. With this move, the stake of the promoter has been reduced to 25 per cent from the […]
The Indian Railway Finance Corporation (IRFC) has raised $500 million via overseas bonds as part of its fundraising activity. The bonds were oversubscribed by three times and carry an interest rate of 2.23 per cent […]
Bengaluru International Airport Limited has raised a syndicated loan amounting to Rs 102 billion from the State Bank of India (SBI) and Axis Bank for taking up expansion works at the airport. The airport authority, […]
NTPC Limited has raised $450 million through a five-year bond offering in the international market under its $6 billion medium-term note (MTN) programme. This issuance is NTPC’s tenth offering under the programme, taking the cumulative […]
GMR Hyderabad International Airport Limited, a GMR Group company, has raised $300 million from the overseas bond market to take up expansion works at the Rajiv Gandhi International Airport. In this regard, a purchase agreement […]
The Supreme Court of India has quashed the February 12, 2018, circular for the resolution of stressed assets issued by the Reserve Bank of India (RBI) that had been challenged by various power companies. The […]
Bajaj Energy Limited (BEL) has filed the draft red herring prospectus for an IPO with SEBI to raise Rs 54.5 billion. BEL plans to use the IPO proceeds to acquire Lalitpur Power Generation Company Limited’s […]
Annai Infra Developers Private Limited has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) for an IPO. The IPO is a fresh sale of 10 million shares by the company, […]
The initial public offering (IPO) by Rail Vikas Nigam Limited (RVNL) was oversubscribed by 1.83 times on the fourth and final day of the bidding process. According to data available with the National Stock Exchange, […]
Reliance Jio has transferred control of its fibre unit, Jio Digital Fibre Private Limited (JDFPL), and tower unit, Reliance Jio Infratel Private Limited (RJIPL), to two infrastructure investment trusts (InvITs) – the Digital Fibre Infrastructure […]
The Indore Municipal Corporation (IMC) has introduced a new initiative to collect and segregate plastic waste directly from households. A private agency will be deployed to collect the waste from the residents and an arrangement […]
The Vastral-Apparel Park stretch of the Ahmedabad metro rail project has commenced commercial operations. The 6.5 km stretch is a part of the North-South corridor of Phase 1 (41 km) of the project. The total […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE