Bangalore-Mysore expressway
Nandi Economic Corridor Enterprise (NECE): The management of publicly-held BF Utilities during its AGM on Monday took into view the suggestions of its shareholders and said that it will appoint merchant bankers and consultants to look into the various options to restructure a subsidiary. It will consider various options to enhance shareholder value by restructuring [...] Continue Reading »
Nandi Infrastructure Corridor Enterprise Limited has raised a private equity fund for the Bangalore-Mysore expressway.The total estimated cost of construction of the highway is Rs 4000 crore. The Bangalore-Mysore Expressway project which has been in the making for nearly 16 years, raised $100 million from a private equity fund owned by J P Morgan for [...] Continue Reading »
