infrastructure
Infrastructure
State-run Rail Vikas Nigam's IPO subscribed 18% on second day
The initial public offering of state-run Rail Vikas Nigam Ltd has neared the one-fifth mark after two days of bidding. The ......
TMT
Xander scores benchmark returns in exit from listed multiplex chain
Real estate-focussed investment firm Xander Group Inc has scored benchmark returns after fully exiting India’s largest multiplex chain. The Singapore-headquartered private ......
Infrastructure
State-run Rail Vikas Nigam eyeing $574 mn valuation in IPO, ups issue size
State-run Rail Vikas Nigam Ltd, a company created in 2003 for rail project development and mobilising financial resources, is seeking ......
Manufacturing
Standard Chartered PE to partially exit diesel generator maker via IPO
Standard Chartered Private Equity has proposed to sell nearly one-fifth of its stake in diesel generator manufacturer Powerica Ltd as ......
Finance
Kotak PE rules out new infra fund, may make fresh bets via stressed assets vertical
Kotak Investment Advisors Ltd has fully invested its infrastructure fund and plans to make fresh bets on the sector through ......
Infrastructure
France's Engie to pull out of 20 countries but sharpen focus on India
French gas and power utility Engie will pull out of about 20 countries in the next three years and target ......
Infrastructure
Temasek takes haircut as it trims stake in second bet on infra firm
Singapore’s Temasek Holdings appears to have taken another haircut on its investment in an Indian infrastructure company. The state-owned private-equity style ......
Infrastructure
Flashback 2018: Steel and power on the mend, renewable energy sector consolidates
India’s infrastructure story basically continued from where it had ended last year, and rather predictably at that. Even though the infrastructure ......
Infrastructure
Morgan Stanley's local infra fund pumps money into gas distribution firm
Wall Street-headquartered Morgan Stanley’s India-focussed infrastructure fund has pumped Rs 150 crore (around $21 million at current exchange rates) into ......
Finance
Canada's PSP Investments to step up India play, eyes local PE funds
Public Sector Pension Investments (PSP Investments), one of Canada’s largest pension funds with more than $153 billion in assets under ......