Modi inaugurates 351 km stretch of much-delayed freight corridor

Airports In Asia, Middle East Gear Up For 7% Traffic Surge

Airports across the Asia-Pacific and Middle East are preparing for a major upsurge in air travel, with passenger volumes expected to grow by nearly 7 per cent annually over the next 25 years. In response, regional airport stakeholders have adopted a collective resolution focused on sustainable infrastructure upgrades and capacity optimisation.This decision was made during the 2nd ACI Asia-Pacific & Middle East Regional Assembly of Airport Members held in New Delhi. The resolution marks a united commitment to future-ready, climate-conscious airport development in a region that accounts for ..

CCI Clears AIPCF’s 13% Stake Buy in Perseus Parent

The Competition Commission of India (CCI) has approved a proposed investment wherein AIPCF VIII A-TE Funding L.P. will acquire approximately 13 per cent of the limited partnership interests in Perseus Parent L.P.AIPCF VIII A-TE Funding L.P. (the Acquirer) is a newly incorporated special purpose vehicle that will operate as an investment fund. At present, it has no existing investments or independent activities. The Acquirer is part of the American Industrial Partners group, a private equity firm with a strong focus on operationally oriented investments in sectors such as transportation, logist..

CCI Approves Thriveni Demerger and Lloyds Stake Acquisition

The Competition Commission of India (CCI) has approved a combination involving the demerger of the Mining Development and Operations (MDO) business of Thriveni Earthmovers Private Limited (TEMPL) into Thriveni Earthmovers and Infra Private Limited (TEIPL), along with a significant stake acquisition by Lloyds Metals and Energy Limited (LMEL).As per the approved structure, TEMPL will transfer its MDO business—spanning exploration, mine development, mining, beneficiation, and logistics of iron ore, coal, baryte, and manganese—into TEIPL. Subsequently, LMEL will acquire approximately 79.82 per..