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Ajit Jangle joins Avvashya Group firm Allcargo Logistics as COO

Infrastructure

06 June, 2013

Ajit Jangle joins Avvashya Group firm Allcargo Logistics as COO

Allcargo Logistics Ltd, an integrated logistics company which is part of The Avvashya Group, has appointed Ajit Jangle as chief ......

TVS Logistics acquires US-based Wainwright Industries for $8.9M

Infrastructure

31 May, 2013

TVS Logistics acquires US-based Wainwright Industries for $8.9M

Third-party logistics service provider TVS Logistics Services Ltd has acquired US-based Wainwright Industries Inc, a firm which provides metal stamping, ......

Naresh Goyal transfers additional 36.8% stake in Jet Airways from overseas entity for $296M

Infrastructure

30 May, 2013

Naresh Goyal transfers additional 36.8% stake in Jet Airways from overseas entity for $296M

Jet Airways chairman Naresh Goyal has transferred another tranche of stake from his privately held overseas entity to his own ......

Naresh Goyal buys 29% stake in Jet Airways from overseas entity for $257M

Infrastructure

30 May, 2013

Naresh Goyal buys 29% stake in Jet Airways from overseas entity for $257M

Jet Airways chairman Naresh Goyal has transferred around 29 per cent stake in the country’s second-largest carrier from another overseas ......

Etihad to buy 24% of Jet Airways for $379M

Infrastructure

24 April, 2013

Etihad to buy 24% of Jet Airways for $379M

Naresh Goyal-led Jet Airways has inked a deal to sell 24 per cent stake in the country’s second largest carrier ......

IFC to lend $12.75M to JM Financial-backed offshore logistics firm Samson Maritime

Infrastructure

18 April, 2013

IFC to lend $12.75M to JM Financial-backed offshore logistics firm Samson Maritime

International Finance Corporation (IFC) is providing a loan of $12.75 million (Rs 70 crore) to JM Financial-backed Samson Maritime Ltd, ......

Tano Capital to invest $15M in Shree Shubham Logistics

Infrastructure

15 April, 2013

Tano Capital to invest $15M in Shree Shubham Logistics

Private equity firm Tano Capital is investing Rs 80 crore ($15 million) in Shree Shubham Logistics Ltd (SSLL), a group ......

Navayuga Road Projects raises $100M from Piramal Enterprises

Transportation

05 April, 2013

Navayuga Road Projects raises $100M from Piramal Enterprises

Hyderabad-based infrastructure company Navayuga Road Projects Pvt Ltd (NRPPL) has raised Rs 550 crore ($100 million) from Piramal Enterprises Ltd. ......

Kingfisher submits plan to restart airline

Infrastructure

11 April, 2013

Kingfisher submits plan to restart airline

Grounded Kingfisher Airlines submitted a plan to the Director General of Civil Aviation (DGCA) to restart operations, saying its parent ......

Etihad's Jet stake buy seen delayed until Aug

Infrastructure

10 April, 2013

Etihad's Jet stake buy seen delayed until Aug

Etihad Airways' purchase of a stake in Jet Airways could be delayed until at least August as the Abu Dhabi ......