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ADB arm, others invest Series A money in energy efficiency startup Smart Joules

TMT

17 March, 2021

ADB arm, others invest Series A money in energy efficiency startup Smart Joules

Smart Joules, a platform focused on energy efficiency, has raised $4.1 million (around Rs 29.7 crore) in a Series A ......

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

General

02 March, 2021

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

The United States-based Safesea Group and ship operator JM Baxi & Co have submitted expressions of interest (EoIs) to participate ......

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

General

01 March, 2021

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

Clean energy developer Adani Green Energy Ltd (AGEL) is in advanced discussions to acquire a 250MW solar power project operated ......

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

General

15 February, 2021

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

At least three asset management firms or units operated by them are in talks to acquire control of the Indian ......

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

25 January, 2021

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous Power Technologies from ......

Brookfield inks deal to acquire Emami Group's solar energy arm

Infrastructure

08 June, 2020

Brookfield inks deal to acquire Emami Group's solar energy arm

Canada-based alternative investment giant Brookfield Asset Management Inc. has signed a deal to acquire Emami Power Ltd, a solar power-focused ......

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In numbers: How NIIF is building its war chest and infrastructure portfolio

Infrastructure

28 August, 2019

In numbers: How NIIF is building its war chest and infrastructure portfolio

In December 2016, the Indian government set up National Investment and Infrastructure Fund (NIIF) Ltd as part of efforts to ......

Sterlite Power Grid files documents for $390 mn infra investment trust issue

Infrastructure

05 December, 2016

Sterlite Power Grid files documents for $390 mn infra investment trust issue

India Grid Trust (IGT), an infrastructure investment trust (InvIT) which owns inter-state power transmission assets, has filed a draft red ......