Infra

NEW DELHI: Infra.Market is set to acquire a majority stake in Strata GeosystemsIndia in a deal pegged at about $110 million, the company said in a statement on Monday.The majority stake, amounting to over 90% will be acquired from US-based…

Infra.Market has signed an agreement to buy a majority stake in Strata Geosystems for an enterprise value of Rs 910 crore ($110.95 million) from Glen Raven Technical Fabrics.The business-to-business (B2B) platform for construction materials…

Chennai-based WS Industries Ltd. (WSIL), which had gone into oblivion, said it is betting on its huge land bank in and around Chennai to develop IT and logistics parks and electronics factories to revive fortunes.The six-decade-old…

Chavda Infra has appointed Beeline Capital Advisors Private Limited as bookrunning lead manager to the issue.Chavda Infra will utilise the IPO proceeds towards meeting its working capital requirements (Rs 27 crore), general corporate…

NEW DELHI: World leaders are applauding the mega aircraft orders of Air India and IndiGo, with the two Indian carriers recently opting for almost 1,500 planes worth $120 billion from Boeing and Airbus. The White House issued a "fact sheet"…

Nearly 47 per cent of investments in infrastructure happened between South and East Africa, while about 44 per cent of investments were in East and West Africa.There is a funding deficit to the tune of $60aa-160 billion on infrastructure…

NEW DELHI: As many as 379 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.64 lakh crore in April 2023, an official report said.According to the Ministry of…

Coal production growth declined to 9 per cent in April this year, according to the official data released on Wednesday. The core sector growth was 9.5 per cent in April 2022The production growth of eight key infrastructure sectors slowed…

Nepal’s Prime Minister Puspa Kamal Dahal 'Prachanda' is due in India on May 31 at the start of a four-day visit during which he is expected to sign multiple deals including an arrangement that will allow the Himalayan nation to sell power…

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