Exclusive: Bombay High Court rules in favour of Tata Capital in contempt case

January 12, 2017 | Maulik Vyas

The Bombay High Court has pronounced its verdict in a case where Tata Capital Financial Services Ltd (TCFSL) had accused Madhucon Infra Ltd of failing to keep aside Rs 25 crore from the proceeds of a majority stake sale to a private equity company, despite agreeing to do so in a consent order.

Construction firm PSP Projects files for IPO

December 29, 2016 | Ankit Doshi

Ahmedabad-based construction company PSP Projects Ltd has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering.

PE-backed firms Shankara Building, GR Infraprojects get Sebi nod for IPO

December 28, 2016 | Ankit Doshi

Fairwinds Private Equity-backed Shankara Building Projects Ltd and Motilal Oswal PE-backed GR Infraprojects Ltd received regulatory clearance last week for their initial public offerings (IPOs), taking the total number of firms to have received IPO approvals this calendar year to 24.

Spain’s Abertis buys two road assets from SBI-Macquarie infrastructure funds

December 27, 2016 | Keshav Sunkara

Spain’s toll roads operator Abertis entered into the Indian market with the acquisition of two road assets from two infrastructure funds jointly managed by India’s largest lender State Bank of India and Australia’s private equity firm Macquarie for a consideration of €128 million (about Rs 905 cr

Exclusive: Essel Group mulls public issue for infra business

December 19, 2016 | Bruhadeeswaran R

Subhash Chandra-promoted Essel Group is planning to take its infrastructure unit Essel Infraprojects Ltd public as a whole or divide it into segments as part of its strategy to create value, a top executive told VCCircle.

Road construction up from 2km/day to 28km/day since BJP govt took over: Nitin Gadkari

December 16, 2016 | Anisha Dutta

Union minister of road transport, highways and shipping Nitin Gadkari on Thursdaysaid there is no financial crunch in the roads and shipping sector.

Edelweiss’ NBFC arm invests $30 mn in Hyderabad developer

December 07, 2016 | Ankit Doshi

ECL Finance Ltd, the non-banking financing arm of Edelweiss Financial Services Ltd, has invested Rs 200 crore (roughly $30 million) in a luxury residential project being constructed by a Hyderabad-based developer, two people familiar with the matter told VCCircle.

Exclusive: ChrysCapital books loss from new part-exit

November 10, 2016 | Joseph Rai

Private equity firm ChrysCapital, which is in the process of raising its new fund, has hit the exit button on another portfolio firm this year, after part exiting financial services firm AU Financiers Ltd few months ago.

How was private equity firm Sabre Partners’ latest exit from legacy infra portfolio?

October 13, 2016 | Bruhadeeswaran R

India-centric mid-market private equity firm Sabre Partners that has been focusing on healthcare investments over the last few years has made a full exit from one of its old portfolio firms in the infrastructure sector.

GR Infraprojects aims to raise $36 mn in IPO; Motilal Oswal PE to sell bulk of holding

September 30, 2016 | TEAM VCC

Delhi-headquartered GR Infraprojects Ltd has filed its draft red herring prospectus (DRHP) to float its maiden public issue.



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