- MNRE selects Aryans College of Engineering for green campus
Ministry of New and Renewable Energy (MNRE) has selected Aryans College of Engineering Rajpura, near Chandigarh for developing its campus i...
PM Narendra Modi gifts historic manuscripts to Irish PM Enda KennyThe original manuscripts and papers which Modi presented to Kenny are preserved in the National Archives of India.
First instance of lender seizing company: IDFC replaces SV Power promoter after defaultsAryan Coal Beneficiation or ACB (India), a coal beneficiation company will replace KVK Energy, as the biggest shareholder of the SV Power.
Odisha govt says to refuse renewing mining leases in the stateThe development can further delay the resumption of iron ore mines in the state which accounted for almost half the country’s production la...
Singapore's Tembusu Partners invests $7.5 million in Param Mitra Coal ResourcesSingapore PE investor Tembusu Partners made a $7.5 mn investment in Param Mitra Coal Resources, backed by Sindhu family which owns India-ba...
CERC relief prompts other discoms to seek tariff hikeReliance Power, Essar Power, Aryan Coal, KVK Energy and Rajasthan Sun Technique have approached regulators for tariff hikes.
Power companies seek higher rates for coal, wind and solar electricityMany are queuing up with consultants, lawyers and regulatory experts, sensing an opportunity to charge higher rates than what is prescribed...
Greenpeace approaches Sebi against Coal IndiaGreenpeace today filed a complaint with Sebi against Coal India alleging that it has overstated its extractable reserves by a good 16 per c...
ACB India revives IPO plan, to raise Rs 415 croreACB India, has revived its plans for an initial public offer after two years, with a smaller fund-raising target.
- Warburg strikes gold with Delhi co investment, to sell 10%
Sale will be through an IPO. Merchant bankers have estimated Aryan's valuation at Rs 7,000 cr, valuing Warburg's 24% at nearly Rs 1,800 cr.
- Indian cos raise $2.83 bn via ECBs in Sept
India firms, including Reliance Industries, have raised $2.83 billion from overseas markets last month.
- Top 17 power cos to bid for 2,000 MW power supply to GUVNL
A total of 17 top power companies have decided to participate in the bidding process for 2,000 MW power supply to Gujarat Urja Vikas Nigam ...
- Funds fire away in 2006
If 2005 was the year for raising funds for leading PE players, 2006 was a year of funds deployment.
- Core sector likely to attract investments up to $320b
Private equity deals worth $1-billion have been lined up for infrastructure, construction and engineering companies. “PE funds are gung-ho ...
- PE funds cool as ICE, seal $1 bn deals
PE funds are buying into India’s old economy cos like infrastructure, construction and engineering.
- Warburg rakes in moolah
India continues to remain a favourite hunting ground for the US-based Warburg Pincus, which stunned the private equity world last year by m...