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SBI, Axis Bank, IndusInd lead race for two IL&FS arms; Mapletree eyes logistics
Bidders State Bank of India, Axis Bank and IndusInd Bank are leading the race for the twin capital market arms ......
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Cerebrus hires AION exec to head India biz; Suzlon may sell 49% in subsidiary
Two investors are in talks with renewable power solution provider Suzlon Energy to buy up to 49% stake in its ......
General
Berkshire may bet big on Kotak Bank; Jet in talks with NRI billionaire for funding
Kotak Mahindra Bank’s shares rose the most in nearly nine years on Friday following a CNBC-TV18 report that Berkshire Hathaway...
Healthcare
Company watch: CDC-backed Rainbow Hospital sustains growth momentum, juicy margins
Rainbow Children’s Medicare Pvt. Ltd has been somewhat of an outlier among the fledgling single-speciality healthcare chains...
General
Former BofAML exec to lead Lone Star Funds in India; KKR eyes stake in Mindtree
Former Bank of America Merrill Lynch (BofAML) executive Ambrish Singh will head the India operations of Lone Star Funds, a ......
General
SSG in battle over a shady Lehman deal; Orix may opt to pick IL&FS renewables assets
SSG Capital Management and Canadian financial services company Kyko Global are battling it out in a Hong Kong court over ......
General
PE firms eye stake in Edelweiss unit; I Squared setting up renewables platform
Private equity firms Blackstone, TPG, KKR, Carlyle, Apax Partners, and others are in talks with Edelweiss to buy 20-25% stake...
General
Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League
Tata Global Beverages’ proposal to purchase Prabhat Dairy Ltd for about Rs 400 crore has been rejected by Tata Sons ......
General
Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus
Fairfax, which is controlled by investor Prem Watsa, known as the “Warren Buffett of Canada”, is considering reducing its stake ......
Consumer
Company watch: Kurlon's high profit growth cushions revenue slowdown
Kurlon Enterprise Ltd struggled to expand its top line but improved profitability during the year through March 2018, as the ......
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