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Transportation

Kalpataru Power's logistics unit withdraws IPO plan

Infrastructure

03 December, 2015

Kalpataru Power's logistics unit withdraws IPO plan

Shree Shubham Logistics Ltd has withdrawn its initial public offering (IPO) proposal that involved selling fresh shares and a stake ......

IFC to invest $60M in Continental Warehousing

Infrastructure

02 December, 2015

IFC to invest $60M in Continental Warehousing

International Finance Corporation (IFC), the private sector lending arm of the World Bank, will invest $60 million in Mumbai-based logistics ......

Patel Integrated Logistics to raise about $3M from Frontline Strategy

Infrastructure

30 November, 2015

Patel Integrated Logistics to raise about $3M from Frontline Strategy

Patel Integrated Logistics Ltd is raising around Rs 19 crore ($3 million) from private equity firm Frontline Strategy by issuing ......

Hyperlocal logistics startup Grab close to raising $10M more

Infrastructure

24 November, 2015

Hyperlocal logistics startup Grab close to raising $10M more

Mumbai-based hyperlocal logistics service provider Grab a Grub Services Pvt Ltd is back in the market to raise fresh venture ......

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Fairfax India raises stake in National Collateral Management

Infrastructure

17 November, 2015

Fairfax India raises stake in National Collateral Management

Canadian investment giant Fairfax's India-focused investment platform has raised its holding in National Collateral Management Services Ltd, soon after completing ......

Essar Ports sets delisting price at a premium

Infrastructure

13 November, 2015

Essar Ports sets delisting price at a premium

Promoters of the public-listed Essar Ports Ltd (EPL)—one of India’s largest port operators involved in port and terminal services for ......

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CX Partners invests in Agarwal Packers & Movers

Infrastructure

13 November, 2015

CX Partners invests in Agarwal Packers & Movers

Private equity firm CX Partners has invested in Agarwal Packers and Movers Ltd through its mezzanine investment fund in a ......

CCI slaps penalty on top air carriers for cargo fee collusion

Infrastructure

17 November, 2015

CCI slaps penalty on top air carriers for cargo fee collusion

Clamping down on unfair business practices in the aviation sector, Competition Commission today slapped penalties totalling Rs 258 crore on ......

IndiGo flies on stock market take-off

Infrastructure

10 November, 2015

IndiGo flies on stock market take-off

Shares of InterGlobe Aviation Ltd, which runs top Indian carrier IndiGo, made a flying start on their stock-market debut on ......

Adani Group to buy L&T's Kattupalli Port

Infrastructure

10 November, 2015

Adani Group to buy L&T's Kattupalli Port

Adani Ports and Special Economic Zone (APSEZ), an arm of the Ahmedabad-based Adani Group, has agreed to acquire a strategic ......