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NIIF teams up with Bajaj Group firm for power transmission projects

New Delhi, March 12 -- The government-backed National Investment and Infrastructure Fund (NIIF) has partnered with an engineering and construction company that's part of the Bajaj Group for a power tr... Read More


NIIF secures $750 mn for second fund to back PE/VC firms

New Delhi, March 11 -- The National Investment and Infrastructure Fund (NIIF) has secured commitments of up to $750 million (around Rs 6,900 crore) for its second private markets vehicle, the sovereig... Read More


OfBusiness unit Oxyzo raising maiden private credit fund

New Delhi, March 2 -- Oxyzo Financial Services Ltd, the non-bank lending arm of B2B commerce platform OfBusiness, has entered the fund management space with the launch of a Rs 500 crore ($54.5 million... Read More


Inox Group set to acquire Wind World's assets via NCLT's resolution plan

New Delhi, Feb. 19 -- The INOXGFL Group is set to acquire assets of insolvent green energy company Wind World India Ltd, after the committee of creditors approved its resolution plan. The group has e... Read More


Torrent to buy thermal power operator from L&T in $403-mn deal

New Delhi, Feb. 16 -- Thermal power producer Torrent Power Ltd has agreed to acquire Nabha Power Ltd (NPL), a 1,400-megawatt coal-fired power plant operator in Punjab, from Larsen & Toubro Ltd (L&T) f... Read More


Torrent buys thermal power operator from L&T in $403-mn deal

New Delhi, Feb. 16 -- Thermal power producer Torrent Power Ltd has agreed to acquire Nabha Power Ltd (NPL), a 1,400-megawatt coal-fired power plant operator in Punjab, from Larsen & Toubro Ltd (L&T) f... Read More


Bay Capital anchors $125 mn investment in GREW Solar

New Delhi, Feb. 13 -- Ahmedabad-based solar PV module manufacturer GREW Solar has raised Rs 1,050 crore (around $125 million) in a fresh funding round led by Bay Capital Investment, with participation... Read More


Kotak Alts raises $430 mn in first close of private credit fund

New Delhi, Feb. 12 -- Kotak Alternative Asset Managers Ltd (Kotak Alts), the alternative asset management arm of the Kotak Group, has announced the first close of its private credit vehicle, the Kotak... Read More


Waaree Energies arm to acquire majority stake in transmission firm for $133 mn

New Delhi, Jan. 27 -- Waaree Renewable Technologies Ltd, the engineering and construction arm of solar module maker Waaree Energies Ltd, is set to enter the grid infrastructure segment by agreeing to ... Read More


GIC-backed Genus Power to take full control of smart meter manufacturer

New Delhi, Jan. 21 -- Smart meter maker Genus Power Infrastructures Ltd will acquire the 86.49% stake it doesn't already own in smaller peer Newlectric Innovation Pvt Ltd for Rs 25.23 crore ($2.7 mill... Read More