Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) is reportedly set to acquire three road projects from Essel Highways for an enterprise value of almost Rs35bn ($508.5m).
Italian global infrastructure company Salini Impregilo has submitted a revised offer to acquire domestic rival Astaldi in a bid to further consolidate its position in the market.
India-based infrastructure company GMR Group is planning to sell its interests in four road projects by the end of this year to cut its debt.
The National Investment and Infrastructure Fund (NIIF) has signed an agreement with the National Highways Authority of India (NHAI) for financing large road projects.
Iteris has completed the takeover of Albeck Gerken, a US-based traffic operations and engineering services provider.
Indian electric vehicle business Ola Electric has raised $250m from Japan’s SoftBank.
IndInfravit Trust has reached an agreement to acquire nine operational road projects from Sadbhav Infrastructure Project for approximately $959m.
Apple has bought autonomous vehicle startup Drive.ai for an undisclosed amount as part of the multinational tech company's plans for the self-driving vehicles market.
Volvo Group and chipmaker Nvidia have partnered to develop self-driving vehicles for industries that include public and transport, construction, mining, and forestry.
The Edelweiss Infrastructure Yield Plus fund (EIYPF) is reportedly planning to acquire two road assets from Navayuga Group for almost $150m.