Fortis Healthcare has agreed to sell Fortis Malar Hospital in Chennai to MGM Healthcare Private Limited for around Rs 128 crore. The all-ca...

The divestment is part of L&T’s asset-light strategy, which has seen the company exit several non-core assets. The L&T Infrastructure Devel...

The cash-strapped and loss-making company had signed a deal with India Grid Trust (IndiGrid) in November for the sale of its 74% stake in t...

Officials have earlier said that divestment of public sector enterprises, including Air India, which the government wants to execute at a f...

“BPCL is at a very advanced stage, the EOI will be issued very soon,” the official said.

Transmission firm looks to focus on engineering and bid for PPP projects.

The decision to form a sub-panel was taken in its board meeting held on June 28, Infrastructure Leasing & Financial Services Ltd (IL&FS) sa...

Company ready to hit the capital market with an initial public offer on September 17

Ramky Infratech has on Friday announced signing a share purchase agreement with Cube Highways, formed by the International Finance Corporat...

In a bid to monetise its road assets and reduce debt, infrastructure firm Gayatri Projects Ltd (GPL) is selling stake in Western UP Tollway...

GIPL has also divested its stake in Mumbai Nashik Expressway Ltd. The company held approximately 80 per cent stake in the firm.

Lanco has been reeling under huge debts, mounting losses as its power projects were running below full capacity due to lack of fuel.

Hyderabad-based infrastructure firm SEW Infrastructure has on Wednesday announced selling majority stake in one of its road assets.

“We at GMR continue to focus on creating liquidity and reducing our leveraged position as part of the strategy of churning of assets,” Madh...

This is the second divestment by GMR in its roads portfolio in the last six months. The company is raising funds to pare debt.

Infrastructure major has initiated talks with Morgan Stanley, Citigroup VC, SBI Macquarie and ICICI Venture to raise Rs 1800 cr.

GMR Infra said it is looking to raise close to Rs 3,000-4,000 cr by divesting stakes and churning of assets in some of its projects.