NIIF,  Cube Highways look to buy Ashoka Concessions

November 2019

Reportedly, a road platform operated by the National Investment and Infrastructure Fund (NIIF) and I Squared Capital-owned Cube Highways has expressed interest in buying Ashoka Concessions Limited. Besides, the NIIF and Cube Highways have submitted […]

Edelweiss to acquire two road assets from Navayuga Group

June 2019

Edelweiss Infrastructure Yield Plus Fund (EIYPF) will acquire two road assets from the Navayuga Group for $150 million. Both the road assets under consideration are located in Assam. These were developed through the build-operate-transfer (BOT) […]

NCLT approves Bharti Infratel-Indus Towers merger

June 2019

The Chandigarh bench of the NCLT has approved the merger of Indus Towers with Bharti Infratel, forming one of the biggest telecom tower companies worldwide. The pan-India company, which will operate over 163,000 telecom towers […]

Macquarie to exit from Ashoka Concessions Limited

June 2019

Macquarie Infrastructure and Real Assets (MIRA) plans to exit the roads platform, Ashoka Concessions Limited. Macquarie, an Australian company, had acquired a 34 per cent stake in the platform in 2012, for Rs 8 billion. […]

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