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Altico Capital India Ltd

Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race

General

08 January, 2020

Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race

Chennai-based real estate developer Shriram Properties Ltd, which planned to raise Rs 1,250 crore ($174 million at current exchange rate) ......

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

General

02 January, 2020

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd, two people ......

Altico backer Varde Partners exceeds target for new fund

Finance

20 December, 2019

Altico backer Varde Partners exceeds target for new fund

Alternative investment firm Värde Partners, which counts non-bank lender Altico Capital India Ltd and Aditya Birla ARC Ltd as its ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution plan ......

Indian real estate slump leaves beleaguered banks exposed

Infrastructure

14 October, 2019

Indian real estate slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

General

04 October, 2019

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

Venture capital firm Accel is looking to raise up to $700 million (about Rs 4,963 crore at current exchange rate) ......

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

General

01 October, 2019

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

Telecom firm Bharti Airtel Ltd is exploring the option of completely selling its stake in its tower infrastructure business to ......

PE-backed Altico Capital evaluating options after default

Finance

23 September, 2019

PE-backed Altico Capital evaluating options after default

India’s Altico Capital said on Sunday it was evaluating options to resolve its liquidity issues, following its recent default on ......

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PE-backed lender Altico Capital defaults on debt; chairperson quits

Finance

12 September, 2019

PE-backed lender Altico Capital defaults on debt; chairperson quits

Altico Capital India Ltd, a non-banking financial company that focuses on the real estate sector, has defaulted on its debt ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......