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CHONGQING EXPRESSWAY GROUP
China is testing more driverless cars than any other countryAcross China, 16 or more cities have allowed companies to test driverless vehicles on public roads, and at least 19 Chinese automakers and ...- IL&FS sells Chinese expressway stake to address Rs 2,600 crore debtThe stake is sold to China Merchants and Pingan Infrastructure Phase 1 Equity Investment Fund (Tianjin) Co Ltd, a fund jointly owned by Pin...
- IL&FS sells Chinese road assets, cuts Rs 2.6k cr debtThis is the largest transaction for IL&FS since the sale of its wind energy assets to Orix.
- IL&FS gets approval to sell China road assetIL&FS Group has received Justice (Retd) D.K. Jain's approval for sale of its Chinese road asset - Chongqing Yuhe Expressway Co Ltd (CYEC) t...
- IL&FS to sell Chinese road asset for Rs 2074 croreIL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...
- IL&FS board proposes distribution framework for group resolutionIt has proposed to release 55 companies from the moratorium. Some of these are under IBC process.
- IL&FS arm puts its China road arm JV on the blockThe Singapore-based ITNL International is a wholly- owned subsidiary of IL&FS Transportation Networks.
- IL&FS unit may sell 49% of China assetIt is also selling petroleum storage facility IPTF Terminal located in Fujairah, United Arab Emirates.
- IL&FS to sell Fujairah oil terminal as prospects waneThe terminal has a storage capacity of 600,000 cubic meters and was in the process of expanding its capacity further but has now been tagge...
- IL&FS to exit China JV with Chongqing Expressway; 49% stake may fetch it $170 mnThe proposed sale is estimated to fetch as much as $170 million and has attracted interest from as many as 10 bidders.
- Indian company acquires stake in Chinese state firmThe agreement demonstrates the synergies and complementarities that exist in the capabilities of the companies, Rahul Chhabra said in Chong...
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