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Private Equity | 13 March 2012    1 Comment

ASK Property Advisors Invests In Real Estate Projects In Mumbai, Pune

by Irfan Khan
ASK Property Advisors Invests In Real Estate Projects In Mumbai, Pune
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@ASK_Property has invested R40Cr in real estate developer - Paranjape Schemes' residential project in Pune. This is Ask property's last investment from it's R326Cr first fund, ASK Real Estate Special Opportunities Portfolio-1.

ASK has also invested R100Cr in a Mumbai realty project from it's new fund, however the details were not disclosed due to confidentiality clause.

Varroc Engg Acquires Visteon Corp's Lighting Biz For $92Mn

Varroc Engg Acquires Visteon Corp's Lighting Biz For $92Mn

Varroc Engineering has acquired US based Visteon Corporation's lighting business for $92Mn in cash. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed in the third quarter of 2012. According to the press release, the business ...

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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