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NIIF infuses $300 mn in UAE-based DP World's unit Hindustan Ports

Infrastructure

30 June, 2022

NIIF infuses $300 mn in UAE-based DP World's unit Hindustan Ports

India’s sovereign wealth fund National Investment and Infrastructure Fund (NIIF) will be investing around Rs 2,250 crore (around $300 million) ......

Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

General

30 November, 2020

Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic ......

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

General

28 October, 2020

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

The Tata Group is in active talks to acquire a controlling stake in online grocery platform Bigbasket, according to several ......

Dubai's global port operator DP World buys three units of Transworld

Infrastructure

19 August, 2020

Dubai's global port operator DP World buys three units of Transworld

Dubai-based port operations major DP World said on Wednesday that it had bought three units of India-headquartered Transworld Group promoted ......

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of ......

Maharashtra govt grants infrastructure status to $10-bn hyperloop plan

Infrastructure

02 August, 2019

Maharashtra govt grants infrastructure status to $10-bn hyperloop plan

Maharashtra has granted infrastructure project status for a $10-billion plan to build the world’s first ultra-fast hyperloop project, aiming to ......

DP World-NIIF joint venture buys majority stake in Kribhco Infrastructure

Infrastructure

24 May, 2019

DP World-NIIF joint venture buys majority stake in Kribhco Infrastructure

A joint venture of the Dubai-based port operator DP World and India's National Investment and Infrastructure Fund has acquired a ......

DP World, NIIF JV to acquire PE-backed Continental Warehousing

Infrastructure

18 March, 2018

DP World, NIIF JV to acquire PE-backed Continental Warehousing

Hindustan Infralog Pvt. Ltd, a joint venture between Dubai-based DP World and the National Infrastructure Investment Fund (NIIF), has agreed ......

NIIF, DP World create $3 bn India investment platform

Infrastructure

22 January, 2018

NIIF, DP World create $3 bn India investment platform

The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest ......

DP World eyes stake in logistics firm; CDPQ to invest in Prestige's realty assets

General

19 September, 2017

DP World eyes stake in logistics firm; CDPQ to invest in Prestige's realty assets

Dubai-based port operator DP World and Australia’s infrastructure-focused Macquarie Group are looking to acquire a controlling stake in Warburg Pincus-backed ......