CCI has approved the acquisition of 100 per cent shareholding in Tower Vision India Private Limited by Ascend Telecom Infrastructure Private Limited and GIP EM Ascend 2 Private Limited.
Mubadala Investment, along with a few Japanese investors including Sumitomo, is looking to acquire a 30 per cent stake in the Indian natural gas distribution business of I Squared Capital. The company owns two city […]
Macquarie Capital has acquired a majority stake of over 51 per cent in Mumbai-based network-as-a-service provider CloudExtel for about $100 million (about Rs 8.21 billion). This transaction marks Macquarie’s first foray into principal investment in […]
Aviat Networks has announced a definitive agreement with NEC Corporation for the sale of its wireless transport business to Aviat in an asset purchase transaction worth $70 million in cash and shares. The deal comprises […]
The UK’s Competition and Markets Authority (CMA) has granted unconditional approval to the proposed acquisition of Inmarsat by Viasat. The CMA concluded its Phase II review, affirming its provisional findings that the transaction does not […]
Air India is looking to partner with either Lufthansa’s aircraft maintenance business Lufthansa Technik or Air France-KLM’s engineering vertical to bid for AI Engineering Services Limited once it goes up for sale. With a 25.1 […]
CCI has granted clearance for stake acquisition of VVDN Technologies by India Business Excellence Fund IV (IBEF-IV) through the green channel route. According to CCI, the proposed combination involves IBEF-IV acquiring shareholding in VVDN Technologies […]
The Tata Group has sought the Competition Commission of India’s (CCI) approval for a merger between its Air India airline and Vistara, the company’s JV with Singapore Airlines (SIA). The merger will create a stronger […]
The Wadia Group is in discussions with strategic partners to either sell a majority stake in loss-making budget airline Go First or exit it completely. Go First incurred its largest annual loss in 2021-22 and […]
Amdocs has entered into a definitive agreement to acquire the service assurance business of TEOCO. The acquisition will enable Amdocs to provide service providers with a unique end-to-end service orchestration offering, assuring quality of service […]
I Squared Capital and Hinduja Renewables Energy Private Limited are the two remaining bidders for TPG Capital’s 52 per cent stake in Hyderabad-based Fourth Partner Energy Private Limited, which is valued at approximately $350 million. […]
GAIL has received approval for its resolution plan from the Ahmedabad Bench of the National Company Law Tribunal (NCLT) for the acquisition of JBF Petrochemicals Limited for Rs 20.79 billion. A consortium of Indian Oil […]
State-run NLC India Limited plans to invest Rs 10 billion ($125 million) for a 51 per cent stake in a green energy joint venture (JV) it is setting up with Assam Power Distribution Company Limited […]
The board of IOCL has accorded approval for formation of a wholly-owned subsidiary in India, to operate in the domain of low carbon, new, clean and green energy businesses. The proposed wholly-owned subsidiary will focus […]
Caisse de dépôt et Placement du Québec (CDPQ), the Canadian pension fund, is in talks with the American Tower Corporation (ATC) to buy a 50 per cent stake in its Indian unit, ATC Telecom Infrastructure […]
In a transaction that facilitated the investor’s exit, DB Power Limited has repurchased Global Infrastructure Partners’ (GIP) stake in its thermal power business for Rs 4 billion. The buyback was funded through the company’s internal […]
Adani Power Limited has completed the sale of its 100 per cent equity stake in wholly-owned subsidiary, Support Properties Private Limited (SPPL), to AdaniConnex Private Limited (ACX) for an enterprise value of Rs 15.57 billion. […]
The Competition Commission of India (CCI) has approved the acquisition of JM Baxi Ports and Logistics Limited by HL Terminal Holding B.V. HL Terminal Holding B.V. is a newly incorporated entity, intended to serve as […]
American Tower Corporation (ATC) has decided to sell a majority stake in its wholly-owned Indian unit, or even offer up to 100 per cent ownership and exit the country, after its recent attempts to sell […]
The subsidiary has been incorporated with an initial authorised share capital of Rs 1,000,000 and paid-up share capital of Rs 500,000, interalia, to carry on business to develop, erect, and operate coal washery including coal […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE