CONSTRUCTION

Govt to take call on relaxing FDI norms in construction sector tomorrow

October 28, 2014 | PTI

The government allows FDI up to 100 per cent in townships with conditions.

IFC may invest up to $240M in I Squared Capital's arm to buy road assets in India

October 01, 2014 | Bhawna Gupta

This would be second only to IFC's $250 million commitment to an arm of paper maker Bilt.

PNC Infratech files for up to $87M IPO, Jacob Ballas to part exit

September 29, 2014 | TEAM VCC

Jacob Ballas to generate modest return on its close to four year old investment.

Valecha to sell road assets to US-based New Generation for $50M

September 29, 2014 | Bhawna Gupta

The firm's market cap is under $22 million.

SPML Infra to raise $16M through QIP, sell hydro power & road assets

September 19, 2014 | Bhawna Gupta

The firm is backed by CVCI, whose investment is underwater.

Sadbhav Engineering buying Patel Infra's 20% stake in Ahmedabad Ring Road project

September 18, 2014 | Anuradha Verma

Following the stake buy, the road project will be completely owned by Sadhbav Infrastructure.

Govt plans to merge existing state sponsored urban housing projects

September 12, 2014 | PTI

The government is looking to enable online clearances for housing and other urban development projects.

ChrysCap part exits construction firm NCC with a marginal haircut

September 11, 2014 | Shruti Ambavat

This is the second exit at a loss for ChrysCapital this year after Gammon India.

Sadbhav Engineering to acquire stakes in two SPVs from JV partner

September 11, 2014 | Anuradha Verma

Recently it obtained board approval to raise funds up to $41 million through QIP.

Shubham Housing Development Finance raises $20M from investors

August 19, 2014 | Shruti Ambavat

Existing investors include Helion Venture Partners, Elevar Equity Mauritius, ACCION’s Frontier Investment Group and Saama Capital.

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