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Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

General

24 December, 2019

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

Canada Pension Plan Investment Board (CPPIB) has emerged as front runner to acquire toll roads developer Ashoka Concessions at an ......

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange rate) ......

Grapevine: Marshall, others vie for Yes Bank; Delhivery eyes units of Blue Dart, Gati

General

07 November, 2019

Grapevine: Marshall, others vie for Yes Bank; Delhivery eyes units of Blue Dart, Gati

Discovery Capital, UK-based hedge fund Marshall Wace and others have joined buyout firms Carlyle and Farallon to buy a stake ......

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How Cube Highways emerged as one of the top foreign buyers in India's roads sector

Infrastructure

26 August, 2019

How Cube Highways emerged as one of the top foreign buyers in India's roads sector

In December 2014, infrastructure-focussed private equity firm I Squared Capital struck a deal to acquire a toll road that connects ......

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

General

24 April, 2019

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

The Indiabulls Group plans to exit its real estate business and has approached realty player Godrej Properties and its joint ......

I Squared Capital-IFC platform to buy Delhi-Agra toll road project from RInfra

Infrastructure

14 March, 2019

I Squared Capital-IFC platform to buy Delhi-Agra toll road project from RInfra

A joint venture of infrastructure-focused private equity firm I Squared Capital and the World Bank’s International Finance Corporation has inked ......

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Policy Tracker: India laying highways at a rapid pace, but are investors enthused?

Infrastructure

25 February, 2019

Policy Tracker: India laying highways at a rapid pace, but are investors enthused?

While delivering his interim Budget speech earlier this month, Piyush Goyal called India the world’s fastest-growing highway developer. The then ......

Cube Highways mulls buying some IL&FS road projects

General

12 October, 2018

Cube Highways mulls buying some IL&FS road projects

Singapore-based Cube Highways and Infrastructure Pte. Ltd, which owns and operates toll roads in India, is in initial discussions with ......

Lone Star, Cube Highways, NIIF and others circle IL&FS assets

Infrastructure

31 August, 2018

Lone Star, Cube Highways, NIIF and others circle IL&FS assets

Infrastructure Leasing and Financial Services Ltd (IL&FS) is looking to raise $2 billion (Rs 10,000-12,000 crore) from the sale of ......

Adani Wilmar to acquire Ruchi Soya; Cube Highways may buy Ramky's road assets

General

24 August, 2018

Adani Wilmar to acquire Ruchi Soya; Cube Highways may buy Ramky's road assets

Adani Wilmar, the joint venture between the Adani Group and Singapore’s Wilmar International, has received the approval from a committee ......