5 world market themes for the week aheadHow to dampen inflation without slamming the brakes on growth? That's the tricky job central banks face. But as others grapple with soaring...
European shares notch new highs as Richemont leads surge in luxury stocksThe pan-European STOXX 600 was up 0.1 per cent as of 0828 GMT, hitting a new peak in early trading.
European stocks gain on vaccine, stimulus hopes; earnings eyedThe pan-European STOXX index rose 1%, with miners gaining 1.7% on optimism over China's recovery and surging metal prices.
Race on for R-Infra toll road: Global pension funds, road company on Delhi-Agra HighwayReliance Infrastructure’s special purpose vehicle (SPV) DA Toll Road Pvt Ltd operates the 180-km, six-lane road that connects Delhi with Ag...
Canada’s OMERS Infrastructure joins race for IL&FS road assetsIL&FS, struggling with a debt of Rs 91,000 crore, has 28 build-operate-transfer (BOT) projects under the listed IL&FS Transportation Networ...
Sadbhav Infra raises Rs 600 crore from Piramal group for road projectsPiramal Group has been an active lender in areas of renewables and infrastructure sectors in India.
Cube Highways enters the race for IL&FS’ road projectsThe deal, if it goes through, will give the beleaguered IL&FS much needed liquidity to retire part of its huge debt pile of Rs 91,000 crore.
ADIA likely to skip IL&FS rights issue, reduce stakeADIA owns 12.56 per cent stake in IL&FS and is the third-largest shareholder of the company.
Italy’s Atlantia in talks to buy IL&FS road assets for $1.2 billionAtlantia has been looking to enter the Indian markets with a viable vehicle.
European shares gain on optimism over US-China trade rowBritish software group Sage lost 6.6 percent, after a rating downgrade of its stock by Deutsche Bank, two traders said.
Atlantia, CDPQ, Cube Highways vie to acquire a chunk of Sadbhav InfraListed Sadbhav Engineering Ltd holds about 69 per cent of SIPL.
Italy’s Atlantia in talks with IRB Infra to acquire road assets in $2-billion dealAtlantia has tied up with a large European bank, which has been advising it on the possible deal, for funding. IRB declined to comment.
- Atlantia to sell up to 30 pct stake in Rome airports: CEO
Atlantia, which controls toll road concession group Autostrade per l'Italia, owns around 96 per cent of ADR.
Tata’s PE fund to buy out Actis from its road JV with TatasWith TOF, TRIL Roads is in negotiations to buy the 3 road projects of IVRCL-Salem Tollways, Kumarapalayam Tollways and Changapally-Wallayar...
IVRCL plans to sell three road projects to Tata Realty to retire debtWhile GMR and GVK, pulled out of large projects, IVRCL had decided to stay away from BOT (build, operate and transfer) road assets.
- Tata, Actis to roll out $2 bn JV for mega highway projects
The combined $400 mn investment planned by Tata Realty, Actis and Atlantia will help them attract at least $300 mn as viability funding fro...