Govt to examine if foreign airlines can fully own India carriers via investment partners

March 17, 2017 | Reuters

India's civil aviation secretary said on Friday it was not possible for a foreign airline to fully own an Indian carrier, but will examine whether it can be done through an investment partner.

Qatar Airways may partner sovereign fund QIA to float Indian domestic carrier

March 09, 2017 | Reuters

Qatar Airways will not take delivery of any Airbus A320neo aircraft this year as it looks to change its order to larger A321neos, Chief Executive Akbar Al Baker said on Wednesday.

Exclusive: Neev Fund makes second bet on cold chain logistics services firm

March 06, 2017 | Joseph Rai

Private equity firm Neev Fund, which is backed by India's largest lender State Bank of India, has struck its second deal this year in a cold chain logistics service provider, a person familiar with the development told VCCircle.

Exclusive: Inter-city cab rental firm MyTaxiIndia raises money for expansion

February 28, 2017 | Debjyoti Roy

Inter-city cab rental platform MyTaxiIndia Pvt. Ltd has raised an undisclosed amount from a Dubai, UAE-based investor to expand its operations, a top company executive told VCCircle.

Tata Steel to buy majority stake in Odisha port project

January 25, 2017 | Deepak Kumar Sahu

Tata Steel Ltd on Wednesday said that it has signed a definitive agreement with Creative Port Development Pvt. Ltd (CPDPL) and their promoters for the proposed development of Subarnarekha port in Odisha.

Fairfax India to pick 51% stake in Saurashtra Freight

January 17, 2017 | Ranjani Raghavan

Fairfax India Holdings Corporation, which has just raised an additional $500 million to top up its India-focused investment corpus, has inked a deal to pick a 51% stake in Saurashtra Freight Pvt. Ltd for Rs 200 crore ($30 million), it said on Tuesday.

Air Pegasus to fly again after stake sale deal with Flyeasy

January 10, 2017 | Subhabrata Dasgupta

Ailing regional airline Air Pegasus has agreed to sell a majority stake to peer Flyeasy, as the carrier looks to resume operations that it had suspended last year due to a cash crunch.

Logistics firm Stellar buys majority stake in Kelvin Cold Chain; Ambit Pragma partially exits

January 09, 2017 | Joseph Rai

Stellar Value Chain Solutions Pvt Ltd, a third-party logistics company floated last year by former chief of Kishore Biyani-led Future Supply Chains Solutions Ltd, on Monday said it has acquired a majority stake in cold chain firm Kelvin Cold Chain.

Supply chain solutions firm LEAP India raises another $13 mn

January 06, 2017 | Debjyoti Roy

LEAP India Pvt Ltd, a Mumbai-based supply chain solutions company, has raised Rs 88.34 crore ($13 million) in its Series B round of funding from a clutch of new and existing investors, a financial daily reported on Friday.

Abraaj, Warburg Pincus-backed Continental Warehousing gets SEBI nod for IPO

December 19, 2016 | TEAM VCC

Mumbai-based logistics company Continental Warehousing Corporation (Nhava Sheva) Ltd has received capital markets regulator SEBI’s approval to float its initial public offering (IPO).



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