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Blackstone may have acquired Comstar; Ebix eyes Centrum Direct

General

02 April, 2018

Blackstone may have acquired Comstar; Ebix eyes Centrum Direct

Private equity major Blackstone Group Lp has acquired Chennai-based auto component maker Comstar Automotive Technologies Pvt. Ltd for about Rs ......

Farmers' woes to PNB fraud: It's a long march for BJP to meet its promises

General

12 March, 2018

Farmers' woes to PNB fraud: It's a long march for BJP to meet its promises

Two years ago, as part of the 2016-17 budget announcements, Prime Minister Narendra Modi vowed to double farmers' income by ......

PremjiInvest-Prudential bids for Star Health; ArcelorMittal-Nippon eye Essar Steel

General

06 March, 2018

PremjiInvest-Prudential bids for Star Health; ArcelorMittal-Nippon eye Essar Steel

PremjiInvest, the family investment arm of Wipro Ltd chairman Azim Premji, has joined hands with US-based financial services company Prudential ......

Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

General

21 February, 2018

Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

Private equity giant Blackstone Group is in an advanced stage of discussions with Indiabulls Real Estate Ltd to buy a ......

Liberty House eyes Bhushan Power; Court stays Odisha pipeline sale to VTB-Ruias JV

General

14 February, 2018

Liberty House eyes Bhushan Power; Court stays Odisha pipeline sale to VTB-Ruias JV

London-based metals trader Liberty House Group seeks an extension to the deadline for submitting a bid for steel player Bhushan ......

ArcelorMittal, VTB-led Numetal bid for Essar Steel

Manufacturing

13 February, 2018

ArcelorMittal, VTB-led Numetal bid for Essar Steel

ArcelorMittal SA and a group led by Russia’s VTB have made separate bids for India’s Essar Steel, which is undergoing ......

Sequoia aims at $1 bn fund; ArcelorMittal out of race for PE-backed Bhushan Power

General

24 January, 2018

Sequoia aims at $1 bn fund; ArcelorMittal out of race for PE-backed Bhushan Power

Venture capital and growth stage investment firm Sequoia Capital is looking to raise $1 billion for its sixth India-focused fund, ......

Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt

General

16 November, 2017

Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt

Private equity firms Apax Partners and Carlyle Group are considering bidding for a stake in Royal Sundaram General Insurance Co. ......

Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets

General

24 October, 2017

Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets

Ambit Flowers ARC, an asset restructuring joint venture between Mumbai-based brokerage Ambit Holdings Pvt. Ltd and New York-headquartered private equity ......

7 bids for Tata Steel's UK business proceed to the next stage

Manufacturing

09 May, 2016

7 bids for Tata Steel's UK business proceed to the next stage

Looking to offload its loss-making UK business, Tata Steel Europe on Monday said that it has considered seven expressions of ......