IndInfravit completes acquisition of 4 Brookfield road projects for USD 1 bnThe funding for the acquisition was through a rupee term loan, the issue of non-convertible debentures and the preferential issue of units ...
L&T-run investment trust acquires 8 Sadbhav road projectsLarsen & Toubro (L&T)-run investment trust IndInfravit has fully acquired eight operational road projects of Sadbhav Infrastructure at an e...
CPPIB-led InvIT to acquire Sadbhav Infra's 9 road assets for Rs 6,610 croreCanadian pension fund Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners own about 55 per cent of the IndInfravit Tr...
SFIO receives complaint against L&T; group rubbishes it as baselessL&T and its arms, which are engaged in highway projects have been termed as "habitual defaulters" by NHAI, which is likely to have a severe...
Adani completes acquisition of Dhamra Port in Odisha"The Dhamra port acquisition now gives us an opportunity to replicate the development and phenomenal growth of the Mundra port."
Canada Pension Plan may invest Rs 2,000 crore in L&T’s infrastructure armEven though details of the deal are still are still not disclosed, sources said, the capital infusion will lead to a 10-15% stake dilution ...
- PE firms tread cautiously after 2008 crisis
Agreements are structured in such a manner that the owner, or the promoter, of the unlisted company will provide a minimum return to the in...
- L&T to buy out investors in infra arm
Larsen & Toubro will make L&T Infrastructure Development Projects (L&T IDPL), a wholly-owned subsidiary, by buying 14% from IDFC Private Eq...
- JP Morgan wants to double India investment
US major JP Morgan is looking at doubling its proprietary investments in the country over the next 6-12 months.