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IndiGo's biggest shareholder to offload 2% stake in airline

Infrastructure

11 June, 2024

IndiGo's biggest shareholder to offload 2% stake in airline

IndiGo airline's biggest shareholder will sell a 2% stake worth $394 million in the low-cost Indian carrier on Tuesday, per ......

NCLT clears merger of Vistara with Air India

Infrastructure

07 June, 2024

NCLT clears merger of Vistara with Air India

Indian company tribunal approved the merger of full-service carriers Vistara with larger rival Air India on Thursday, according to an ......

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Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

Infrastructure

29 May, 2024

Bottomline: Greencell Express' loss widens, revenue jumps as e-bus rollout moves ahead

GreenCell Express Pvt. Ltd, a wholly owned subsidiary of Eversource Capital-managed GreenCell Mobility Pvt. Ltd, likely ended the financial year ......

Qatar Airways to invest in an airline in southern Africa

Infrastructure

15 May, 2024

Qatar Airways to invest in an airline in southern Africa

Qatar Airways will soon announce an investment in an airline in southern Africa, its CEO said on Wednesday, part of ......

Pro
How Nalanda Capital's exit move from decade-old bet panned out

Infrastructure

15 May, 2024

How Nalanda Capital's exit move from decade-old bet panned out

Nalanda Capital, a private equity-style investment firm started by former Warburg Pincus executive Pulak Prasad that focuses on the public ......

Pro
WestBridge hits sell button on one of its single biggest India bets

Infrastructure

02 May, 2024

WestBridge hits sell button on one of its single biggest India bets

Private equity firm WestBridge Capital, which backs unlisted companies and also makes private investments in public equities (PIPE), has pressed ......

GoFirst lenders to mull liquidation after chances of revival get thinner

Infrastructure

30 April, 2024

GoFirst lenders to mull liquidation after chances of revival get thinner

Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after ......

LetsTransport raises $22 mn in Series E from Bertelsmann, others

Infrastructure

24 April, 2024

LetsTransport raises $22 mn in Series E from Bertelsmann, others

Trucking aggregator LetsTransport has raised $22 million in its Series E funding round, led by existing investors Bertelsmann India Investments.   Rebright ......

Macquarie floats India-focussed fund to back commercial electric mobility

Infrastructure

22 April, 2024

Macquarie floats India-focussed fund to back commercial electric mobility

Australia's Macquarie Group launched on Monday an EV financing platform for India that will focus 95% of its $1.5 billion ......

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Infrastructure

19 April, 2024

Ola Cabs mulls $500 mn IPO, to appoint bankers soon

Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation ......

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