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ACME's multi-billion-dollar plans are hitting its prospects. Can it spring a surprise?

Infrastructure

19 July, 2023

ACME's multi-billion-dollar plans are hitting its prospects. Can it spring a surprise?

Four years ago, solar energy producer ACME Group was facing an existential crisis of sorts. But last year, it announced three projects ......

Grapevine: Religare Enterprises to sell majority stake in lending unit

General

11 September, 2020

Grapevine: Religare Enterprises to sell majority stake in lending unit

Religare Enterprises is looking to divest a majority holding in its wholly-owned lending subsidiary Religare Finvest and has begun talks ......

ACME Solar scraps supply power deal at record low tariff citing COVID uncertainty

Infrastructure

20 May, 2020

ACME Solar scraps supply power deal at record low tariff citing COVID uncertainty

India’s ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the ......

Govt may give reprieve to solar projects delayed by coronavirus fallout

Infrastructure

18 February, 2020

Govt may give reprieve to solar projects delayed by coronavirus fallout

India will consider extending deadlines for completing solar energy projects to shield developers from stiff penalties after the coronavirus outbreak ......

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

General

18 February, 2019

Blackstone may fund Manipal in Medanta acquisition; EverSource eyes stake in Ayana

Private equity giant Blackstone may invest in Ranjan Pai-led Manipal Education and Medical Group to finance its acquisition of Global ......

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

General

31 October, 2018

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

Private equity major Blackstone and Singapore state investor Temasek are in separate talks to pick up 15-20% stake in Wonder ......

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

General

04 October, 2018

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

Japanese firm SoftBank Group Corp's Vision Fund is in talks to invest $200-250 million (Rs 1,475-1,844 crore) in e-commerce logistics ......

Why small renewable energy firms are fighting a consolidation wave

Infrastructure

21 August, 2018

Why small renewable energy firms are fighting a consolidation wave

Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors ......

HG Infra, ACME Solar get SEBI nod for IPO

Infrastructure

18 December, 2017

HG Infra, ACME Solar get SEBI nod for IPO

Jodhpur-based HG Infra Engineering Ltd and Gurgaon-based Renewable energy firm ACME Solar Holdings Ltd have received regulatory nod to float ......

IFC likely to lend $150 mn to ACME Jaipur Solar Power

Infrastructure

31 August, 2017

IFC likely to lend $150 mn to ACME Jaipur Solar Power

International Finance Corporation, the private-sector investment arm of the World Bank, is likely to provide debt financing worth $150 million ......