KKR and Sekura among companies in fray for Ashoka’s road assets

KKR and Sekura among companies in fray for Ashoka’s road assets

Private equity firm KKR, Edelweiss-owned Sekura, I Squared Capital’s Cube Highways and Shrem InvIT are in a race to acquire a portfolio of 11 hybrid annuity model (HAM) road projects of a subsidiary of Ashoka Buildcon, said two people aware of the development. “While many HAM assets are on sale in the market, they are … Read more

Wondering what this earnings season has in store? Check out brokers’ sector-wise preview

Wondering what this earnings season has in store? Check out brokers’ sector-wise preview

A host of brokerages have come out with reports, offering insights into how various sectors performed in the June quarter and what investors should expect going into the results season. While a few sectors are yet to be previewed by analysts, those previewed are discussed below: IT sector Kotak Institutional Equities expect divergent performance across … Read more