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Grapevine: Azure plans to raise $700 mn; Antler sets sight on debut fund's final close

General

22 September, 2023

Grapevine: Azure plans to raise $700 mn; Antler sets sight on debut fund's final close

Solar power developer Azure Power Global is weighing multiple options for a fundraise of up to $700 million to finance ......

After Fitch, now Moody's downgrades Azure Power's bond rating

Infrastructure

17 January, 2023

After Fitch, now Moody's downgrades Azure Power's bond rating

Ratings giant Moody's Investors Service has cut its bond rating for CDPQ-backed Azure Power to 'Ba3' from 'Ba2', a day ......

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Grapevine: Carlyle consortium eyes Ra Chem; KKR, others circle Azure projects

General

18 May, 2020

Grapevine: Carlyle consortium eyes Ra Chem; KKR, others circle Azure projects

After recently acquiring India’s largest animal healthcare company Sequent Scientific Ltd, The Carlyle Group is close to striking yet another ......