Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang Jammu Udhampur Highway Private Limited and Quazigund Highway Private Limited. The proposed acquisition will enhance the InvIT’s current asset portfolio and align with its objective of using its financing capacity to purchase high quality assets.
New Heights: Airport infrastructure, passenger and freight traffic growing apace
The year 2016-17 has been a positive one for the Indian aviation sector, with the growth in passenger and freight traffic being maintained, and new routes being opened up under the Regional Connectivity Scheme (RCS). […]
Quality Power Electrical Equipments is set to launch Rs 8.59 billion IPO
Quality Power Electrical Equipments Limited, an energy transition equipment and power technologies provider, is set to launch an IPO worth Rs 8.59 billion. The IPO comprises a fresh issue of 5.3 million shares valued at […]