General
KKR, others eye Bharti, Indus towers; TPG looks to sell Vishal Mega Mart
Telecommunication tower infrastructure companies Bharti Infratel Ltd and Indus Towers Ltd are on the radar of a consortium of funds ......
Infrastructure
Reliance Infrastructure in talks with Adani to sell Mumbai power business
Industrialist Anil Ambani’s Reliance Infrastructure Ltd is in talks with billionaire Gautam Adani-led Adani Transmission Ltd to sell its power ......
General
SSG Capital eyes stake in Catholic Syrian Bank; Tata Steel keen on Essar plant
Singapore-based distressed assets fund SSG Capital Management and homegrown non-banking financial company InCred Finance are vying against each other to ......
Finance
IFC ups India exposure with highest net addition in FY17
International Finance Corporation increased its investment commitments to India by 12% in the year through June 2017, as it backed ......
Manufacturing
Jindal Steel sells oxygen plants to Srei Equipment for $171 mn
Debt-laden Jindal Steel & Power Ltd (JSPL) has sold oxygen plant assets at two of its steel mills to Kolkata-based ......
General
NABARD ups stake in SIDBI to 10%; India Grid buys three power assets
The National Bank for Agriculture and Rural Development (NABARD) has increased its stake in Small Industries Development Bank of India ......
TMT
US-based Personiv acquires John Keells BPO Solutions
Personiv, a US-headquartered business process outsourcing firm, has acquired voice process service provider John Keells BPO Solutions India Pvt. Ltd ......
Consumer
Tara Jewels eyes 49% stake in Australian jewellery retailer
Jewellery retailer and exporter Tara Jewels Ltd is in talks to acquire a 49% stake in Australia-based jewellery chain Bevilles ......
General
Warburg Pincus selling $1.2 bn investments; Crompton Greaves, Everstone eye Kenstar
Private equity firm Warburg Pincus is selling about $1.2 billion of Asian investments in secondary deals, The Wall Street Journal ......
People
Who were the highest-paid bosses of FMCG firms in FY17?
The 10 highest-paid directors and executives of fast-moving consumer goods companies saw a median increase of 24.3% in their remuneration ......
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