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Dani-sponsored Asiana gets dream mark-to-market upside as portfolio firm gets $700 mn tag

Infrastructure

13 December, 2024

Dani-sponsored Asiana gets dream mark-to-market upside as portfolio firm gets $700 mn tag

Asiana Alternative Investment Fund, which is sponsored by Jalaj Dani, one of the promoters of Asian Paints Ltd, and managed ......

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Swiss PE firm Partners Group eyeing majority stake in Sunsure Energy

Infrastructure

30 November, 2022

Swiss PE firm Partners Group eyeing majority stake in Sunsure Energy

Partners Group AG, a Switzerland-based private equity (PE) firm, is planning to invest $300 million in leading rooftop solar firm ......

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UVARCL picks up 15% debt of engineering services firm from SBI

Finance

09 August, 2021

UVARCL picks up 15% debt of engineering services firm from SBI

UV Asset Reconstruction Company Ltd (UVARCL) has bought about 15% debt of a stressed construction and engineering services firm, two ......

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Gammon India's former subsidiary goes bankrupt

Infrastructure

16 July, 2021

Gammon India's former subsidiary goes bankrupt

A firm once backed by Gammon India, whose several subsidiaries are insolvent, has entered bankruptcy on a plea by an ......

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Lanco Group's third arm to be dissolved through liquidation

Infrastructure

13 July, 2021

Lanco Group's third arm to be dissolved through liquidation

Hyderabad-based Lanco Group’s third subsidiary which runs a thermal power plant has been ordered for liquidation by the bankruptcy tribunal.  Lanco ......

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Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes'?

Infrastructure

17 February, 2020

Why is the market not fired up about HG Infra despite road maker ‘ticking all boxes'?

At first glance, HG Infra Engineering Pvt. Ltd comes across as a rare Indian highway developer that seems to have ......

Shapoorji Pallonji's solar EPC arm Sterling & Wilson Solar skids on market debut

Infrastructure

20 August, 2019

Shapoorji Pallonji's solar EPC arm Sterling & Wilson Solar skids on market debut

Sterling & Wilson Solar Ltd, the solar engineering, procurement and construction (EPC) arm of Shapoorji Pallonji Group, made a weak ......

Shapoorji Pallonji Group plans stake sale in solar unit

Infrastructure

20 November, 2018

Shapoorji Pallonji Group plans stake sale in solar unit

Billionaire Pallonji Mistry-led Shapoorji Pallonji Group is looking to raise about $1 billion (Rs 7,144 crore) by selling its stake ......

Ahmedabad-based construction firm Montecarlo files for IPO

Infrastructure

11 May, 2018

Ahmedabad-based construction firm Montecarlo files for IPO

Ahmedabad-based civil construction firm Montecarlo Ltd has filed a draft prospectus for an initial public offering (IPO) comprising a fresh ......

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Infra developer HG Infra seeking $275 mn valuation in IPO

Infrastructure

16 February, 2018

Infra developer HG Infra seeking $275 mn valuation in IPO

Infrastructure construction firm HG Infra Engineering Ltd is seeking Rs 1,759.62 crore ($275 million) in valuation from an initial public ......