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SBI picks up minority stake in Apollo-backed JSW Cement

Finance

21 December, 2021

SBI picks up minority stake in Apollo-backed JSW Cement

India’s largest lender, the State Bank of India (SBI), has invested Rs 100 crore in JSW Cement, a part of the ......

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Manufacturing

28 July, 2021

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Two private equity players Apollo Global Management and Synergy Metals Investments Holding have decided to invest up to Rs 1,500 ......

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Apollo Global Management casts a wider net with credit deals, larger  buyouts

Finance

10 June, 2021

Apollo Global Management casts a wider net with credit deals, larger buyouts

More than a year after it disbanded its joint venture vehicle with ICICI Venture, Apollo Global Management is trying out ......

Firms and founders band together against virus variant rampaging through India

Healthcare

05 May, 2021

Firms and founders band together against virus variant rampaging through India

Many firms and founders have stepped up global and local efforts in providing relief and support as India grapples with ......

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

General

23 March, 2021

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

Tata group is mulling selling stakes of some financial services units including Tata Capital and Tata Asset Management to strategic ......

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors

General

22 September, 2020

Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors

Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) is eyeing a 10% stake in the wholly-owned clean energy unit of ......

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

General

24 August, 2020

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

Piramal Capital & Housing Finance (PCHF) is looking to raise a loan of up to $500 million (Rs 3,743 crore) ......

Apollo Global teams up with Mubadala for new direct lending platform

Finance

06 July, 2020

Apollo Global teams up with Mubadala for new direct lending platform

Apollo Global Management has formed a global credit platform which will aim to provide $12 billion in financing over the ......