Infrastructure finance company IDFC will sell convertible securities to Khazanah, the investment holding arm of the Malaysian government, and private equity fund Actis at Rs 176 a share. IDFC will raise Rs 840 crore through the allotment.

Global logistics market leader, DHL is setting up a logistics and warehousing facility with an initial investment of $10 million at the upcoming free trade warehousing zone ( FTWZ) at Sriperambadur near Chennai.

The 63.1% government-owned Container Corporation of India (Concor) is the largest player in the domestic container rail freight segment, with a market share of 80-82%.

The Singapore-based supply chain services provider YCH Group would invest close to Rs 1,200 crore over the next five years for enhancing its presence in India, a top official of the company said here.

The government will soon bring before the cabinet a proposal to sell up to a 10 per cent stake in Shipping Corporation of India Ltd (SCI). The divestment department has also written to Nalco and Rashtriya Ispat Nigam Ltd (RINL) to consider listing on the stock markets by issuing fresh equity.

The November 2009 USD 26 billion all cash acquisition of Texas based rail road company Burlington Northern Santa Fe by arguably the world’s most famous and successful investor Warren Buffet fixed the wandering investors’ eyes on to the ‘next big thing’ – logistics. “Transportation is fundamental. And there’s lots of money to be made”, Mr. Buffet had said after the acquisition. With almost 600 reported deals representing more than $79 billion in aggregate transaction value since 2005, the transportation industry has seen significant PE, mergers and acquisitions transaction activity. Nobody doubts that the deal activity has picked up significantly in India since last year and is expected to edge higher towards the end of this year. “It will probably not touch 2007 levels but it will certainly approach it”, said Manish Saigal, Executive Director & Head – Transportation & Logistics, KPMG India said at the summit. “Deal activity in logistics had not been significantly hit by the slowdown in 2009 over 2008, though ticket sizes had dipped from an average of USD 46m to USD 27m. A strong bounce back in M&A is expected in the current fiscal”, Manish added.

Cory, part of the Braemar Shipping Services plc group, put together a dedicated team of transport, freight and chartering staff to oversee the transfer of the steel production line from a redundant Sheffield steel mill via Felixstowe and Hull to the Port of Chennai.

India has scored number one in front of Brazil as the place to invest in logistics, according to a new report on emerging markets.

It was to be India’s first independent aircraft maintenance and repair facility. But a year after the foundation stone was laid, the investors have backed out and the company has been shut.

Being a global company with constantly emerging technology, what is the percentage loss of investment due to the delay in 3G?The fact remains that the delay in 3G will impact business in terms of speed, since we are a global company. India lags behind in new technology implementations compared to our concerns abroad, and so this in turn affects the progress in India.