Bidya Sapam

India: Tata Power considers selling non-core assets to pare debt

The Tata group company has earmarked around Rs3,000 crore as capital expenditure for the next one year, to be financed by internal accruals.


India: Piramal Realty invests $377m in first commercial project

The project would be funded primarily through capital that it received separately from Warburg Pincus and Goldman Sachs in 2015.


CG Hotels & Resorts to set up three property funds to buy distressed assets

The first Asia fund corpus would be around $300 million.


India: Tata Realty-StanChart PE JV inks land deal for $50.3m

This is India’s biggest land deal in the year so far.


Indiabulls Real Estate acquires 10% stake in arm IIL, ILFS Fund exits

IIL has now become a wholly-owned subsidiary of Indiabulls Real Estate


Logistics developer e-Shang Redwood to re-enter India, invest $100m annually

Firm had left India in 2011 after none of its projects took off.


Ascendas-Singbridge forms logistics, warehousing platform in India

The two partners will invest up to $600 million over the next 5-6 years.


Indian temp staff major TeamLease to buy 30% stake in Freshersworld

To scale up its hiring business.


US-based investor Berggruen to plough $30m into Keys hotel chain in India

Berggruen Holdings has so far invested $80m in its India arm.


India: ASK Group to invest $31m in ATS Infra’s realty project

The investment marks ASK’s entry into the commercial real estate segment