1. Infrastructure
  2. Construction
Welspun sells 37% stake in road project to IDFC fund

Welspun sells 37% stake in road project to IDFC fund

Anuradha Verma 1 year ago
Infrastructure firm Welspun Enterprises Ltd said on Wednesday it has sold a 37 per cent stake in a road project to India Infrastructure Fund-II, an...
​IVRCL to split into two firms

​IVRCL to split into two firms

Anuradha Verma 2 years ago
Cash-strapped infrastructure company IVRCL Ltd has decided to split its engineering procurement construction (EPC) and assets business – land and build operate transfer (BOT) –...
Competition tribunal sets aside $950M penalty on cement firms

Competition tribunal sets aside $950M penalty on cement firms

PTI 2 years ago
In a major verdict, the Competition Appellate Tribunal today set aside Rs 6,316.59 crore penalty imposed on 11 cement firms by CCI on cartelisation charges...
Ashoka Buildcon to buy 8.51% stake in Jaora-Nayagaon Toll Road Co.

Ashoka Buildcon to buy 8.51% stake in Jaora-Nayagaon Toll Road Co.

Anuradha Verma 2 years ago
Engineering, procurement and construction (EPC) services provider Ashoka Buildcon Ltd, has agreed to acquire 8.51 per cent equity stake in Jaora-Nayagaon Toll Road Co. Pvt...
GMR raises $300M from Kuwait Investment Authority

GMR raises $300M from Kuwait Investment Authority

PTI 2 years ago
Engineering firm GMR Infrastructure today said it has raised USD 300 million (around Rs 2,000 crore) from Kuwait Investment Authority through a 60-year foreign currency...
Gammon in talks with investors to raise cash for civil EPC unit

Gammon in talks with investors to raise cash for civil EPC unit

Anuradha Verma 2 years ago
Gammon India Ltd will spin off its civil engineering, procurement and construction (EPC) business into a wholly owned unit where it may sell a stake...
Lenders to take over Gammon India under SDR rules

Lenders to take over Gammon India under SDR rules

Anuradha Verma 2 years ago
A consortium of lenders of Mumbai-headquartered engineering and construction company Gammon India Ltd has decided to convert part of the company’s Rs 15,000 crore debt...
Simplex Infra to buy balance 49% stake in Maa Durga Expressways

Simplex Infra to buy balance 49% stake in Maa Durga Expressways

Anuradha Verma 2 years ago
Gammon Infra will pay back the share application money shelled out by Simplex. Kolkata-based infrastructure and construction company Simplex Infrastructures Ltd has agreed to acquire...
Blue Star buys 51% stake in W J Towell's Oman arm

Blue Star buys 51% stake in W J Towell’s Oman arm

PTI 2 years ago
Engineering conglomerate Blue Star Ltd today announced that it has acquired 51 per cent stake in Oman Electro Mechanical Contracting Co LLC (OEMC), a 100...
Cabinet approves one-time funding for languishing road projects

Cabinet approves one-time funding for languishing road projects

PTI 2 years ago
In a bid to revive road construction, the government today approved one-time financial assistance for languishing national highway (NH) projects. “The Cabinet Committee on Economic...
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