Transportation
Infrastructure
Tata Steel sells tug services unit to Adani Ports for $15.7 mn
A Tata Steel subsidiary has sold its tug services firm to Adani Ports and Special Economic Zone (APSEZ) for Rs ......
Infrastructure
Meru Cabs CEO steps down, CTO Nilesh Sangoi to take over
Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh ......
Infrastructure
Mittu Chandilya moves court seeking $4 mn in damages from AirAsia, Deloitte
Former AirAsia India CEO Mittu Chandilya has approached a civil court in Bengaluru against the low-cost airline and audit firm ......
Infrastructure
Warburg Pincus invests $75 mn in logistics startup Rivigo
Gurgaon-based logistics services provider TrucksFirst Services Pvt. Ltd, which operates Rivigo, has secured $75 million (Rs 500 crore) from private ......
Infrastructure
Canada's CDPQ buys into TVS Logistics; KKR and Goldman to exit
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest $155 million (more than Rs ......
Infrastructure
Air India posts first operating profit since merger with Indian Airlines
For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in 2015-16, ......
Infrastructure
StanChart files criminal complaint against ABG Shipyard, promoter Rishi Agarwal
Standard Chartered Bank (SCB) has filed a criminal complaint with Economic Offences Wing (EOW) of Maharashtra Police against Mumbai-based ABG ......
Transportation
IVFA-controlled Inlogistics hires banker for fresh PE deal
Innovative B2B Logistics Pvt. Ltd, which runs private container trains and offers warehousing services and operates under the banner of ......
Infrastructure
Debt laden ABG Shipyard to sell Western India Shipyard
ABG Shipyard has decided to divest its subsidiary Western India Shipyard Ltd and will invite bids from prospective investors. The decision ......
Infrastructure
Regional carrier Air Costa in talks with foreign airlines for strategic stake sale
Air Costa is at "advanced stages" of discussions with foreign carriers, including those from the Gulf, for a possible stake ......
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