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SBS buying majority stake in Transpole; Fidelity scores juicy exit

Infrastructure

08 July, 2014

SBS buying majority stake in Transpole; Fidelity scores juicy exit

Japan’s SBS Group is picking controlling stake in Delhi-based Transpole Logistics Pvt Ltd, a supply chain solutions firm, in a ......

Rail Budget 2014: FDI, PPP projects key alternative resource mobilisation options

Infrastructure

08 July, 2014

Rail Budget 2014: FDI, PPP projects key alternative resource mobilisation options

In his maiden Railway Budget, union minister D V Sadananda Gowda outlined FDI in rail infrastructure besides PPP-led projects, including ......

Shapoorji Pallonji buys out Shipping Corp of India in 50:50 chemical tankers JV

Infrastructure

08 July, 2014

Shapoorji Pallonji buys out Shipping Corp of India in 50:50 chemical tankers JV

Construction and real estate major Shapoorji Pallonji Group has acquired 50 per cent equity stake held by state-controlled Shipping Corp ......

Adani Ports forms 50:50 JV with CMA CGM Group for new terminal at Mundra

Infrastructure

04 July, 2014

Adani Ports forms 50:50 JV with CMA CGM Group for new terminal at Mundra

Adani Ports & Special Economic Zone Ltd (APSEZ), India's largest private port and special economic zone operator, has signed an ......

PM hints at increased pvt sector role in Railways

Infrastructure

04 July, 2014

PM hints at increased pvt sector role in Railways

Ahead of the rail budget, Prime Minister Narendra Modi today hinted at an increased role of the private sector in ......

GVK exploring stake sale in airport business, Australian mining JV Hancock

Infrastructure

27 June, 2014

GVK exploring stake sale in airport business, Australian mining JV Hancock

Hyderabad-based GVK Power & Infrastructure Ltd said it is in preliminary talks with investors to sell stake in two businesses ......

Indian air travel market saw muted 4.1% growth in May even as APAC market grew 7.3%

Infrastructure

03 July, 2014

Indian air travel market saw muted 4.1% growth in May even as APAC market grew 7.3%

Indian air travel market showed a "muted" four per cent growth in May, even as overall global air traffic rose ......

Rail freight rates hiked by 6.5%; passenger fare up 14.2%

Infrastructure

20 June, 2014

Rail freight rates hiked by 6.5%; passenger fare up 14.2%

In an unpopular decision, railway passenger fare was on Friday increased by 14.2 per cent in all classes while freight ......

Domestic air traffic in India up 2.78% in Jan-May

Infrastructure

19 June, 2014

Domestic air traffic in India up 2.78% in Jan-May

India's domestic air traffic between January and May was almost three per cent higher than the same period last year ......

Finland's Citec buys Cargotec's Indian engineering operations

Infrastructure

13 June, 2014

Finland's Citec buys Cargotec's Indian engineering operations

Engineering solutions firm Citec is acquiring Cargotec’s local engineering centre along with its 110 employees in Pune for an undisclosed ......