ENGINEERING

Elecon Engineering Hires Ambit For Strategic Stake Sale

April 10, 2012 | SHRIJA AGRAWAL & SNEHA SHAH

Proceeds to be used to pare debt; company may sell non-core businesses to raise more money.

UK-based OCS Group Picks 51% In Absotherm Facility Management Co

April 04, 2012 | Shrija Agrawal

Founded 15 years back, Absotherm currently focuses on hard facility management services.

VenturEast, Zephyr Peacock Invest $6M In e2E RAIL

March 30, 2012 | Madhav A Chanchani

Deal includes another $6m investment in the rail services co focusing on signalling, track & electrification sectors.

New York Life Cuts Stake In CEBBCO

March 28, 2012 | Madhav A Chanchani

The fund has sold 2.77% stake over the last two months in the market, for Rs 9-10 crore.

Jacob Ballas Invests $20M In DBM Geotechnics & Constructions

February 16, 2012 | TEAM VCC

Last year, in the infrastructure space, Jacob Ballas had invested in GMR Airports & infra ancillary firm PNC Infratech.

Dilip Buildcon Gets Funding From Banyan Tree Growth Capital

February 15, 2012 | Anil Das

The deal marks Banyan Tree’s seventh investment in India and the first in the current year.

Debut Deal: Plexus Capital Ventures Invests In Pune-based IRIS Energy

February 13, 2012 | TEAM VCC

Founded by Nine Rivers co-founder Kunal Kumthekar, Plexus is currently raising a Rs 100 crore fund.

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