Thu, 15th Apr 2010 18:18
LONDON (Alliance News) - Infrastructure India PLC Wednesday said it has agreed a new financing deal with Cedar Valley Financial Ltd, making up to USD8.1 million available in the form of an unsecured loan facility, with the funds to be used to invest in subsidiary Vikram Logistic and Maritime Serv
Read moreLONDON (Alliance News) - Infrastructure India PLC Monday said the liquidity and working capital position of its subsidiary Vikram Logistic and Maritime Services Private Limited is under pressure, as it continues to experience delays in the disbursement of already-approved debt from public sector
Read moreAIM-listed closed-ended investment company Infrastructure India's subsidiary, Vikram Logistic and Maritime Services (VLMS) has acquired the logistics division of ETA Engineering Pvt, which operates under the brand name of Freightstar. With the closing of the transaction, VLMS has acquired all of t
Read moreShahid Ullah, the Chief Operating Officer of Afren, the FTSE 250 energy group, has reduced his stake in the company by 360,000 shares. Ullah, who joined the company in 2008, traded in the stock at 130p a time on Christmas Eve, earning himself £468,000 before tax. Earlier this month the group, wh
Read moreInfrastructure India, an AIM-listed investment group, pleased its investors with a 50.2 per cent leap in its net asset value (NAV) to 207.3m pounds over the year ended March. The value of the company's investments rose 94.9 per cent to 216.7m pounds, while the NAV per share climbed from 92p to 95p.
Read moreA Non-Executive Director of investment group Infrastructure India has sold 12.5m shares in the firm at 55p through an accelerated bookbuild secondary placing to satisfy certain personal financial obligations. Vikram Viswanath now holds 42,488,993, or 19.4% of the issued share capital, having sold
Read moreInvestment group Infrastructure India is to take over wind power group Indian Energy in a deal worth £7.9m. The company also announced its full-year results. Net asset value (NAV) rose by 244% to £138m in the year to 31 March, nut due to the dilutive effect of placings, NAV per share fell by 16% to
Read moreAIM-quoted infrastructure investor Infrastructure India is raising £33m at 60.5p a share and acquiring significant new investments. After expenses, Infrastructure India will have £31.4m to invest in new infrastructure assets. Infrastructure India is acquiring 50% of India Hydropower Development Co
Read moreInfrastructure India, the closed-ended investment fund focused on the South Asian country's energy and transport sectors, saw its net asset value rise to 106p a share from 94p in the year to September 30. "India's economy has continued to fare better than most, in spite of continuing financial unpr
Read moreEstate agent Collier International's first half revenues were up 12% on last year, with the UK 15% ahead. Market conditions remain challenging, but there has been some improvement in transaction volumes leading to a strong end to the period, Colliers added. Chief Executive David Izett also wants
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