By Utpal Bhaskar
This follows Macquarie-led consortium buying GIB last week.
The current acquisition by the company is the second overseas one since 2012,
IDFC Bank, ICICI Securities and HSBC have been shortlisted.
The trust will own six operational BOT road assets.
Property advisory firm JLL India on Tuesday said it is selling its residential services business to the company’s former India head Anuj Puri, who recently left the organization to start his own venture, for an undisclosed sum. JLL’s residential business employs around 200 brokers and 250 support staff in eight… Read more »
While VLCC has acquired Vanity Cube, MakeMyTrip is looking to acquire strategic stake in Fab Hotels. Also, Frapperz is in talks to raise an additional $400,000. VLCC acquires on-demand beauty firm Vanity Cube Beauty and wellness firm VLCC has acquired Vanity Cube to get a greater hold in the the on-demand beauty… Read more »
The firm filed its draft IPO papers in September.
The Shenzhen Stock Exchange is the largest in China by trading volume
The VC firm bought an additional 1.5% stake in the company for around Rs 20 crore ($3.1 million).
The round could value the budget hotel aggregator at $850m