Tag «Invest»

Canada Pension Plan Investment Board to invest in L&T IDPL

Mumbai, June 23, 2014: Larsen & Toubro Limited (L&T) has entered into a definitive investment agreement with a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPPIB), CPP Investment Board Singaporean Holdings 1 (CPPIBSH), for an initial investment tranche of `1,000 crore, to be invested by CPPIBSH into the company’s subsidiary L&T Infrastructure Development Projects …

IDG Ventures India and Ascent Capital invest in Newgen Software

Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) solutions has raised equity capital from IDG Ventures India and Ascent Capital. Avendus Capital was the financial advisor to the transaction. The investment will be used to strengthen presence in USA and other major developed …

CIL to Invest Rs 25,400 Crore During 12th Plan

CIL has envisaged to invest Rs 25,400 Crore during XII- Plan Period (2012-17). In addition, an adhocprovision of Rs 25,000 Crore for acquisition of coal assets abroad and         Rs. 10,000 Crore for development of coal blocks in Mozambique is proposed in XII Plan period. This information was given by the Minister of State for Coal, ShriPratik Prakash Bapu Patil in a written reply in Lok Sabha today. Details of Capital …