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Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

General

24 September, 2018

Ola in funding talks at $7-8 bn valuation; TPG, Blackstone bid for Jet's loyalty programme

Homegrown cab-hailing major Ola is in talks with South African e-commerce giant Naspers to raise fresh funds at a valuation ......

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Is geo-tagging the best way to weed out shell companies?

General

24 September, 2018

Is geo-tagging the best way to weed out shell companies?

The Union government has been considering the possibility of asking company promoters to geo-tag the location of their registered...

Macquarie eyes Goldman stake in ReNew Power; IL&FS to divest holding in unit

General

21 September, 2018

Macquarie eyes Goldman stake in ReNew Power; IL&FS to divest holding in unit

Australia’s Macquarie Group is among suitors eyeing a part of Goldman Sachs’ stake in energy producer ReNew Power...

Blackstone makes cash offer for PNB unit; Tatas, India Power bid for Odisha discom

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20 September, 2018

Blackstone makes cash offer for PNB unit; Tatas, India Power bid for Odisha discom

Out of 20 suitors, private equity giant Blackstone has emerged as the only entity to make an all-cash offer to ......

Baring PE Asia joins race for stake in Lakshmi Vilas Bank; PE firms chase Ess Kay

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19 September, 2018

Baring PE Asia joins race for stake in Lakshmi Vilas Bank; PE firms chase Ess Kay

Hong Kong-based alternative asset management firm Baring Private Equity Asia is in talks to pick up at least a 26% ......

Mcleod Russel to sell two tea estates for $12.6 mn

General

18 September, 2018

Mcleod Russel to sell two tea estates for $12.6 mn

Kolkata-based tea plantation company Mcleod Russel India Ltd has signed initial pacts to sell two estates and related assets,...

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

General

18 September, 2018

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in...

IndiaNivesh-backed CLR Facility buys majority stake in Hindustan Facilities

General

14 September, 2018

IndiaNivesh-backed CLR Facility buys majority stake in Hindustan Facilities

Pune-based CLR Facility Services Pvt. Ltd has acquired a majority stake in Mumbai-based Hindustan Facilities Pvt. Ltd. “This...

Gaja Capital, Partners Group look to exit EuroKids; I Squared Capital plans credit biz

General

14 September, 2018

Gaja Capital, Partners Group look to exit EuroKids; I Squared Capital plans credit biz

Mid-market private equity firm Gaja Capital and Swiss investment firm Partners Group are planning to sell their entire stake in...

NIIF eyes IDFC Infrastructure Finance; PNB Housing gets seven suitors

General

12 September, 2018

NIIF eyes IDFC Infrastructure Finance; PNB Housing gets seven suitors

The National Investment and Infrastructure Fund (NIIF) is in advanced discussions to acquire IDFC Infrastructure Finance for around...

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