The construction industry has seen a phase of muted activity. It has been impacted by ten-sions around the mixed impact of the GST, and by slow project execution and a generic slow-down. However, there’s optimism […]
Widely recognised as an eminent industrialist, Agnivesh Agarwal, chairman, Hindustan Zinc Limited (a Vedanta Group company) has a rich knowledge of business operations and extensive experience in efficiently managing large projects, business restructuring and strategic […]
Head of India, Turkey and the Middle East for Fujitsu, Andy Stevenson believes that the company’s forte is its relentless pursuit of perfection. Before coming to India, Stevenson had a dual role, as chief executive […]
Power is a dynamic sector and is interwoven in all aspects of our day-to-day lives. It will never lose its importance. There will be technological ups and downs along the way, but power will always […]
Having been in the investment banking business for the past nine years, Ashish Agarwal, director, Infra-structure, Equirus Capital, has been spearheading deal making in infrastructure. At Equirus Capital, his role is to lead the origination […]
Sunil Wadhwa is managing director (MD) of IL&FS Energy Development Company Limited (IEDCL joined the IL&FS Group in 2012 after a quarter of a century with the Tata Group, where his last assignment was as […]
P.C. Pant first saw a parabolic trough on a study tour to the National Physical Laboratory (NPL) while he was pursuing his master’s. He found it fascinating, and it was this that motivated him to […]
Reliance Communications (RCOM) has signed binding agreements with Brookfield Infrastructure Partners and its institutional partners to sell a 51 per cent stake in its tower business, Reliance Infratel, for Rs 110 billion. The transaction is […]
The central government has approved the expansion of the mandate of the Delhi Mumbai Industrial Corridor Project Implementation Trust Fund (DMIC-PITF) and re-designated it the National Industrial Corridor Development and Implementation Trust (NICDIT) for the […]
Spanish infrastructure firm Abertis Infraestructuras SA has signed a share purchase agreement to buy two BOT (toll) roads – the Farukhnagar-Jadcherla highway in Andhra Pradesh and the Trichy Tollways project in Tamil Nadu – from […]
Bharti Airtel is in talks with Norway-based Telenor for buying its India business for $350 million. Bharti Airtel is likely to take over half of Telenor India’s liabilities, while the latter is expected to bear […]
Vistara’s board has approved an equity investment of Rs 3.1 billion in the airline, as against its incremental equity requirement of Rs 6 billion. The board noted that the transaction was for a long-term investment […]
Welspun Enterprises Limited, part of the Welspun Group, has announced plans to buy back up to 25 per cent of its share capital at a price of Rs 62 per equity share, for an aggregate […]
India’s Sun Oil and Natural Gas, a unit of Sun Petrochemicals Private Limited, has bought a 33.3 per cent stake in the Hazira oil and gas field from Canada’s Niko Resources Limited. The company is […]
According to reports, PE firm Tridevi Capital Partners is planning to invest $20 million in Prabha Energy Private Limited (PEPL), a subsidiary of Deep Industries Limited. The subsidiary valuation is estimated to be $50 million. […]
State-run Oil and Natural Gas Corporation Limited (ONGC) has approved the acquisition of the entire 80 per cent of Gujarat State Petroleum Corporation Limited’s (GSPC) participating interest in the Deen Dayal West Field in the […]
Tata Sons Limited (TSL) and its wholly-owned subsidiary Tata Petrodyne Limited have agreed to sell their combined 24.8 per cent stake in Nagarjuna Oil Corporation Limited (NOCL) to Allied Machineries and Resources Holdings Inc. (AMR) […]
MBL Infrastructures Limited is currently in talks to raise up to Rs 3 billion in mezzanine funding to infuse additional equity into some of its newly acquired projects to attain financial closure. The company has […]
The World Bank has announced an equity investment of $125 million in Hero Future Energies Limited (HFEL) through its private sector investment arm, IFC. The funds, to be invested by IFC and IFC Global Infrastructure […]
Logistics company Continental Warehousing Corporation (Nhava Seva) Limited has received SEBI’s approval to float its IPO. The proposed issue includes a fresh issue to raise Rs 4.19 billion and an offer for sale of 10 […]
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