Dow said on Tuesday it has sold an additional stake in its infrastructure venture to its partner Macquarie Asset Management for $540 million as the chemical maker looks to focus more on its core business. The deal...
GIP, Macquarie, VINCI join race for stake in CDPQ’s India InvIT
Global Infrastructure Partners (GIP), Macquarie, and French road developer VINCI Highways are among large global institutional investors vying to acquire a significant minority stake in Maple Infrastructure Trust, an...
GMR Hyderabad International Airport acquires 70% stake in Logistics Park
GMR Airports Ltd on Thursday said its subsidiary GMR Hyderabad International Airport Ltd has completed the acquisition of 70 per cent stake in its associate company — ESR GMR Logistics Park Pvt Ltd. GMR Hyderabad...
NCLAT stays insolvency proceedings against Reliance Infrastructure
Reliance Infrastructure received a significant reprieve as the NCLAT stayed the insolvency proceedings initiated against it. This decision suspends the NCLT’s previous order from May 30, 2025, which admitted the...
SC orders status quo on Bhushan Power liquidation
NEW DELHI: The Supreme Court of India ordered status quo on liquidation proceedings of Bhushan Power and Steel Ltd (BPSL) pending the verification of the review petition to be filed by JSW Steel. The court asked JSW...
GMR Hyderabad Airport to acquire full control of logistics JV for ₹41 cr
GMR Airports Ltd on Wednesday said its subsidiary GMR Hyderabad International Airport Ltd will buy 70 per cent stake in its associate company ESR GMR Logistics Park Pvt Ltd for a little over Rs 41 crore. GMR Hyderabad...
JSW Infra promoters plan to sell stake to fund Rs 39,000 crore capex
Sajjan Jindal family plans to dilute 14% of its promoter shareholding in JSW Infrastructure to fund its ₹39,000-crore capex over the next five years. Alongside its ongoing expansion efforts, India’s second-largest...
GMR buys out Fraport’s 10% in Delhi Airport for Rs 1,058 crore
GMR Airports Monday said it has bought out German airport operator Fraport’s 10% stake in Delhi airport for $126 million (about ₹1,058 crore). GMR operates Delhi, Hyderabad and Goa airports. Fraport is the owner...
For JSW Infrastructure, acquisitions and expansion are the key growth drivers
Shares of JSW Infrastructure Ltd dropped about 6% in early trade on Friday, even as the company reported a solid 24% year-on-year Ebitda growth. Investors appear worried about the decline in net profit primarily due to...
Metro Pacific and GIC to take $1 bln stake in Indonesian toll-road operator
Metro Pacific Tollways Corp (MPTC) and Singapore sovereign wealth fund GIC will take up a stake worth $1 billion in a unit of Indonesian toll-road operator PT Jasa Marga as Asia Pacific sees growing investor interest in...
JSW Infrastructure announces acquisition of 70.37% stake in Navkar
JSW Infrastructure announced that the company through its wholly owned subsidiary, JSW Port Logistics has agreed to acquire 70.37% shareholding held by Promoters and Promoter Group in Navkar Corporation (Navkar)...
Ardian, Saudi’s PIF to buy 37.6% stake in Heathrow, Ferrovial keeps 5%
Infrastructure giant Ferrovial said on Friday it had reached a new agreement with French private equity fund Ardian and Saudi Arabia’s Public Investment Fund (PIF) to sell the bulk of its 25% stake in Heathrow...
