Transportation
Infrastructure
Hero MotoCorp promoters sell 3.5% stake for $300M to diversify into new avenues
Brij Mohan-led Hero Group, which controls India’s largest two-wheeler maker Hero MotoCorp Ltd, offloaded 7 million shares or a 3.5 ......
Infrastructure
Norwegian budget carrier plans India landing
Budget carrier Norwegian Air is planning to fly to India among other countries by 2016-end in its new global push, ......
Infrastructure
Future Retail seeks to encash around $110M from logistics arm via IPO, sale to PE
Kishore Biyani-controlled Future Retail Ltd is looking to monetise its investment in logistics arm Future Supply Chain Solutions Ltd by ......
Infrastructure
SpiceJet board gives nod to raise around $300M; Kalanithi Maran steps down from board
The country's second-largest budget carrier is to get a fresh infusion of a little over Rs 1,875 crore ($300 million) ......
Infrastructure
CDC investing $25M in logistics services provider Pristine
UK-based development finance institution CDC Group Plc is investing $25 million (over RS 150 crore) in Pristine Logistics & Infraprojects ......
Infrastructure
GMR-controlled DIAL raises $289M through international bond market
Delhi International Airport Pvt Ltd (DIAL), a subsidiary of GMR Infrastructure Ltd (GMR), has raised $288.75 million in the international ......
Infrastructure
ADB to part-finance GMR's Mactan Cebu airport revamp project with $75M loan
Regional development financial institution Asian Development Bank (ADB) has approved a $75 million loan to GMR Infrastructure Ltd for the ......
Infrastructure
Hyderabad-based logistics firm Gati raising up to $20M
Gati Ltd, a Hyderabad-based logistics firm, is raising up to Rs 120 crore ($19.5 million) through issue of securities, the ......
Infrastructure
Domestic air passenger traffic rises 9.7% in 2014
Domestic air passenger traffic grew to 9.7 per cent in 2014 compared with 4.43 per cent in 2013, driven by ......
Infrastructure
Blackstone seeks IPO for portfolio firm Gateway Rail Freight
Private equity firm Blackstone has sought a public listing of Gateway Rail Freight Ltd (GRFL), which could open the window ......
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