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Canada Pension Plan may invest Rs 2,000 crore in L&T’s infrastructure arm

Canada Pension Plan may invest Rs 2,000 crore in L&T’s infrastructure arm
Rs 1000 crore will be invested in the wholly owned infrastructure development arm of engineering major Larsen & Toubro, L&T Infrastructure Development Projects (L&T IDPL) ,by Canada Pension Plan Investment Board (CPPIB) . L&T is also looking at a second tranche capital infusion into the company which is of Rs 1000 crore , which is expected to [...] Continue Reading »

CCI approves realty deal between Blackstone and Embassy

CCI approves realty deal between Blackstone and Embassy
The Competition Commission of India (CCI) has approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity engaged in the development and management of commercial and office space. It has been dubbed as [...] Continue Reading »



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