INTERGEN
Private philanthropy to expand at 10–15% annually in next five years: Neera Nundy, Partner, Dasra
Private philanthropy is expected to see a significant expansion with family philanthropy seeing a shift towards building a strong ecosystem.
Young Ideas invests in three startups
Grad Limited focuses on the graduate space, providing mentoring and assessment for graduate students. It has tied up with the Cambridge University Psychometric Department for the assessments.
GMR Infrastructure reports Q4 loss of Rs 1,007 crore
GMR Infrastructure reported a quarterly loss of Rs 1,007 crore as it took a hit from the sale of its stake in British energy firm InterGen.
GMR Infrastructure may infuse Rs 3000 cr to part fund road, power projects
GMR Infrastructure Ltd may pump in Rs 3,000 crore equity investments to part fund it's road and power projects in the next two years.
GMR Infra posts Rs 1,006 cr loss for Jan-Mar quarter
GMR Infrastructure reported a consolidated net loss of Rs 1,006.70 crore for the quarter ended March 31, 2011, due to one time loss incurred from the sale of its investment.
GMR completes divestment in InterGen NV
In 2010, the infrastructure company had announced an agreement to divest its shareholding interest in InterGen NV to CHG.
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GMR offloads 50% stake in InterGen to China co
Infra major GMR Infrastructure Ltd has completed divestment of 50 pc stake in global power generation company InterGen to China Huaneng Group (CHG), said the company.
GMR surges on 50% stake sale in InterGen
Shares of GMR Infrastructure were witnessing buying activity after the company sold 50 per cent stake in InterGen to Chinese electricity company Huaneng Power for $1.23 billion.
GMR Infra seals InterGen deal for $1.2 bn
GMR Infrastructure sealed the deal to sell its 50% stake in InterGen to Chinese electricity company Huaneng Power for $1.23 billion.
GMR Infra may exit InterGen, sell stake to China’s Huaneng
GMR Infrastructure is likely to sell its 50% stake in InterGen to China Huaneng for close to $1.5 billion, three independent people with direct knowledge confirmed to ET NOW.
GMR close to selling InterGen stake to China Huaneng for about $1.5 bn
Tata Power considered a serious contender has withdrawn from the race for GMR's stake in InterGen, two people familiar with the development said.
Tata Power in talks to buy majority stake in InterGen
Tata Power Company is in talks to acquire a majority stake in the UK-based power generator InterGen NV from GMR Infrastructure to scale up its global presence.
Tata Power eyes overseas buys, including InterGen
Ratan Tata-led Tata Power is mulling multiple acquisition opportunities overseas, including global power generation company InterGen.
No hurry to sell stake in InterGen: GMR Group
Infra major GMR Group is not in a hurry to sell its stake in overseas power firm InterGen, said GMR Group chairman GM Rao here today.
Tata Power plans to acquire InterGen; stock slips
Shares of Tata Power were down on profit booking even as the company plans to acquire stake in power utility company.
GMR Infra shares up 2 pc on BSE amid stake sale buzz
Shares of GMR Infrastructure rose 2 per cent on BSE amid reports that the entity is in advanced talks to sell stake in US-based power utility InterGen to Chinese company.
GMR Infra shares up over 2 pc on stake sale report
GMR Infrastructure rose by over 2% on BSE amid reports that the company is in advanced talks to sell a stake in power utility InterGen.
China’s Huaneng in talks with GMR Infra for InterGen stake
China’s Huaneng Group, the nation’s biggest electricity producer, is in advanced talks to buy a stake in Massachusetts-based power utility InterGen for about $1.2 billion.
Global investors eye GMR Infra's 50% in InterGen
GMR Infrastructure said on Monday that it has received unsolicited offers from international investors for buying its 50% stake in overseas power firm InterGen.
GMR buys 50% in power utility InterGen for $1b
GMR Infra acquired a 50% equity stake in the US-based power utility InterGen for $1.1 bn, buy will help GMR bid for airports worldwide. Formula for successful biz
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