Author Archives: Biju Kumar

CPPIB, Allianz to acquire 55% units in L&T’s IndInfravit Trust

Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners (ACP) have agreed to together acquire 55% of units in IndInfravit Trust (IndInfravit), sponsored by L&T Infrastructure Development Projects Limited (L&T IDPL), a joint statement said on Wednesday. The two will be acting as anchor investors in the first private infrastructure investment trust in India,

Pakyong airport: Sikkim gets air connectivity before railway line! 5 cool facts about the engineering marvel

Pakyong airport: Imagine an airport at 4,500 feet, an engineering marvel, that gives the North-East state of Sikkim air connectivity to the rest of India. Pakyong airport, the first airport in Sikkim, is set to open later this month and will give the state nestled in Himalyas connectivity like never before. Not just that, one