Private equity firm Zephyr Peacock has acquired stake in Pennar Engineered Building Systems (PEBS) with an investment of Rs.50 crore. PEBS is a subsidiary of Hyderabad based Pennar Industries Ltd.
L to R: Mark Eslamlooy, CEO, Ardex Endura Group Global and Vijay Aggarwal, Non Executive Chairman, Ardex Endura India & Managing Director, Prism Cement
Shree Shubham Logistics Limited (SSLL), a subsidiary of Kalpataru Power Transmission Limited (KPTL), has signed an agreement with Tano India Private Equity Fund II to raise Rs. 80 crore to fund its capacity expansion plan.
Infrastructure construction company IVRCL has monetised three highway projects in Tamil Nadu by selling stake to TRIL Roads Private Ltd (TRPL), a Tata group company.
BRICS nations namely Brazil, Russia, India, China and South Africa to establish a new development bank to finance infrastructure projects and to create a $ 100 billion contingency fund to deal with any financial crisis in emerging economies.
Construction for the first phase of the 9.29 km long Eastern Freeway Project (EFP) in Mumbai has been completed which is paving the way for opening India’s longest elevated urban road by May.
