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CSTM redevelopment: Railway authorities approach BMC Heritage Committee for permission to begin work

Nine bidders shortlisted for CSMT building redevelopment

Godrej, Adani among nine bidders shortlisted for CSMT redevelopment

Fairfax India starts preparatory work to list Anchorage at $1 3-billion valuation

March 07, 2021   Fairfax Financial Holdings Ltd, the Toronto, Ontario-based financial holding company owned by Indian born businessman V Prem Watsa, has started preparatory work to list Anchorage Infrastructure Investments Holdings Ltd (Anchorage) on the Indian stock exchanges, potentially valuing the company at $1.3 billion. Fairfax hasn’t indicated a timeline for the planned initial public offering (IPO) in Anchorage, which was set up in 2019 as a wholly-owned unit of Fairfax India Holdings Corporation to act as its flagship investment vehicle for airports and other infrastructure investments in India. In 2019, Fairfax India signed definitive agreements with OMERS (the pension plan for municipal employees in the province of Ontario, Canada) to transfer 43.6 per cent out of the 54 per cent that it owns in Bangalore International Airport Limited (BIAL) to Anchorage and OMERS to invest about $130 million to acquire from Fairfax India an 11.5 per cent interest on a fully diluted

RLDA Receives Nine RFQ Bids For New Delhi Railway Station Redevelopment Project

RLDA receives nine RFQ bids for New Delhi Railway Station redevelopment project In the next stage RLDA will float the Request for Proposal (RFP) for selected participants who get qualified in the technical process. Rail Land Development Authority (RLDA) has received Request for Quotation (RFQ) bids from nine national and international players for the redevelopment of New Delhi Railway Station. The companies are: Arabian Construction Company, Adani Railways Transport Ltd, BIF IV India Infrastructure Holding (DIFC) Pvt. Ltd, ISQ Asia Infrastructure Investments Pte. Ltd, Anchorage Infrastructure Investments Holdings Ltd, Kalpataru Power Transmission Ltd, GMR Highways Ltd, Omaxe Ltd and Elpis Ventures Pvt. Ltd.

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