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Transportation

Sical to exit car logistics JV with Japanese partners

Infrastructure

25 August, 2014

Sical to exit car logistics JV with Japanese partners

Sical Logistics Limited, a Bangalore-based logistics solutions provider, is divesting its entire shareholding in Ennore Automotive Logistics, as per a ......

CCI imposes Rs 2,545Cr penalty on 14 car makers

Infrastructure

26 August, 2014

CCI imposes Rs 2,545Cr penalty on 14 car makers

In the first major order against auto players, the Competition Commission today slapped a penalty of Rs 2,545 crore on ......

Kedaara Capital-backed Mahindra Logistics acquires controlling stake in Mumbai-based Lords Freight

Infrastructure

20 August, 2014

Kedaara Capital-backed Mahindra Logistics acquires controlling stake in Mumbai-based Lords Freight

Mahindra Logistics Ltd (MLL), a subsidiary of Mahindra & Mahindra Ltd, has acquired a controlling equity stake in Mumbai-based international ......

Ashok Leyland raises around $35M by selling Chennai property

Infrastructure

20 August, 2014

Ashok Leyland raises around $35M by selling Chennai property

Ashok Leyland, the second-largest commercial vehicle maker in India, has raised Rs 210 crore (around $35 million) by selling the ......

Gateway Distriparks' cold chain unit Snowman Logistics to get listed

Infrastructure

18 August, 2014

Gateway Distriparks' cold chain unit Snowman Logistics to get listed

Gateway Distriparks Ltd is looking to list its cold chain unit Snowman Logistics Limited and has filed a red herring ......

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Multiples PE in talks to invest $26.1M in Delhivery

Infrastructure

13 August, 2014

Multiples PE in talks to invest $26.1M in Delhivery

Renuka Ramnath-led private equity firm Multiples Alternate Asset Management is in advanced discussions to invest Rs 160 crore ($26.1 million) ......

Singapore's Changi Airport to raise stake in BAPL

Infrastructure

20 August, 2014

Singapore's Changi Airport to raise stake in BAPL

Singapore's Changi Airport International (CAI) has decided to increase its stake in Bengal Aerotropolis Projects Ltd (BAPL) to 32.2 per ......

Jet scrapping low-cost brands JetLite & Jet Konnect to take on Tata's Vistara

Infrastructure

13 August, 2014

Jet scrapping low-cost brands JetLite & Jet Konnect to take on Tata's Vistara

Jet Airways, which reported Rs 217 crore net loss in the June quarter, today said it will be exiting low-cost ......

Tata SIA to operate airlines under brand name Vistara, aims at October launch

Infrastructure

11 August, 2014

Tata SIA to operate airlines under brand name Vistara, aims at October launch

Tata SIA Airlines Ltd (TSAL), a joint venture between Tata Sons and Singapore Airlines, has christened its proposed full-service carrier ......

Domestic car sales up 5% in July

Infrastructure

08 August, 2014

Domestic car sales up 5% in July

Signalling revival in demand, domestic car sales grew for the third month in succession in July with a rise of ......

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