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Tata Motors plans to invest Rs 15k cr in EV market

Tata Motors, a leading global automobile manufacturer, is planning to invest Rs 15,000 crore in the electric vehicle (EV) segment over the next five years.

Srei receives EoI for $250 mn capital infusion from international PE funds

Srei Equipment Finance (SEFL) said that it has received expression of interest for up to $250 million capital infusion in the company. The international private equity (PE) funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

Srei receives EoI for capital infusion from Cerberus

The board of directors of Srei Infrastructure Finance and its wholly-owned subsidiary Srei Equipment Finance held meetings announced that it has further received an expression of interest for capital infusion from Cerberus Global Investments.

CW Maharashtra mega virtual conference focuses on opportunities

Platform at unprecedented scale to attract the biggest names

Srei Equipment receives EoI for $250 mn capital infusion from international PE funds

The international private equity ("PE") funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.

Srei forms Strategic Coordination Committee for raising fresh capital

The SCC will coordinate, negotiate and conclude discussions with potential strategic and/or private equity investors, to raise fresh capital for the business in consultation with the management.

Welspun One to set up 110-acre warehousing project in Bhiwandi

Designed to global standards and Green Building Certification requirements, the project is positioned to become a key asset in the hub of Mumbai’s warehousing market.

Infrastructure push drives CE demand

With the government is pushing for more infrastructure development in the country, construction equipment market will see demand growth in future.

AxleTech expands executive leadership team

AxleTech, a leading powertrain technology company for heavy-duty vehicles, announced two new additions to its executive leadership team. Rick Larkin joins AxleTech as Chief Financial Officer, overseeing accounting, treasury, tax, and strategic financial planning and reporting.

Warehousing space leasing rockets by 85 per cent across key Indian markets

Knight Frank India launched the third edition of its flagship India Warehousing Market Report 2018. The report unravels the present scenario of the Indian logistics sector along with providing a definitive view on the country?s top warehousing markets, which include Mumbai, NCR, Bengaluru, Chennai, Pune, Hyderabad and Ahmedabad.

Mahindra Logistics opens its largest multi-user facility near Pune

Embassy Industrial Parks, a joint venture between Embassy Group, India?s leading property developer and Warburg Pincus, a leading global private equity player, has signed Mahindra Logistics, one of the leading 3PL logistics firms in the country, as its client in their project based in Chakan, Pune.

We expect Excon to be more vibrant and industry-specific

With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.

Caterpillar Chairman & CEO to retire in 2017

Doug Oberhelman has announced his retirement as Chairman and CEO of Caterpillar, after 41 years of service. Oberhelman led Caterpiller to its highest sales and revenue peak in 2012.

Warehousing to attract up to Rs 15,000 crore investment

The warehousing sector, which is likely to grow at 9-11 per cent every year, private equity players are keen on tapping the opportunity and expect investments up to Rs 15,000 crore per annum.

Warehousing to attract up to Rs 15,000 crore investment every year

The warehousing sector, which is likely to grow at 9-11 per cent every year, private equity players are keen on tapping the opportunity and expect investments up to Rs 15,000 crore per annum. According to HDFC Realty, warehousing industry has recently seen a sharp growth in demand primarily driven by new age e-commerce industry and growth in organised retail which are leveraging technology in their supply chain to optimise costs.

Going Green in MHE

Indian warehousing and logistics sector is booming. JLL India reports that the warehousing and logistics sector in the country received a whopping investment of Rs 1,438 crore through two major deals in 2015.

SEFC to raise `200 crore

Shriram Equipment Finance Company (SEFC) is planning to raise about Rs 150-200 crore from private equity (PE) investors and rope in strategic investors. Umesh Revankar, Managing Director of Shriram Transport Finance, said the company is expected to grow at a compounded annual rate of 15 per cent.

NHAI not in favour of PPP mode for road projects

Media reports say that the National Highways Authority of India's (NHAI) plea to the government to improve financing provisions for highways project has not worked so far. Recently, 19 high projects were bid out, but there were no takers and NHAI now believes that conditions for public-private partnership (PPP) projects are not right.

Govt may ease exit norms for road developers

The Union government may relax exit norms for highway developers, a move which will increase mergers and acquisitions in the road construction sector of India. At present, there are limits on the extent to which a lead project developer can exit from a project, with time-based milestones. Relaxation of this norm has been a long-standing demand of developers and the Cabinet may soon take up a proposal in this regard.

Atlas Copco India scores high on employee competency and training set-up

Hydropower alone had fuelled the growth of underground drill and blast tunnelling equipment for the last two decades in India, yet the last couple of years has shown a steady decline in such projects.

Largest concrete takeover

The construction equipment industry, dominated by the US, has a new challenger from the Chinese markets in the form of Sany. Sany Heavy Industry Co., the construction-equipment maker run by China's richest man, employing 70,000 people worldwide with operations in 150 countries and a three quarter turnover of $1.7 billion,

Sany clinches largest German deal with Putzmeister

German concrete pump maker Putzmeister Holding will go into the hands of Chinese firm Sany Heavy Industry as the latter will buy 100 percent stake in the former in partnership with the fellow national private equity company CITIC PE Advisors.

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