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Jindal Power

Jindal Power bids $1.68 bn for distressed power plant

Infrastructure

07 February, 2024

Jindal Power bids $1.68 bn for distressed power plant

Jindal Power, a unit of India's Jindal Steel & Power Ltd, has submitted a 140 billion rupees ($1.69 billion) bid ......

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Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

General

25 January, 2024

Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield ......

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Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding

General

23 January, 2024

Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding

Billionaire Sunil Mittal-led Bharti Group is in advanced negotiations with SBI Life and other insurers to divest its wholly owned ......

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Grapevine: KKR may buy into BookMyShow; Medikabazaar seeks PE funding

General

17 January, 2024

Grapevine: KKR may buy into BookMyShow; Medikabazaar seeks PE funding

Private equity firm KKR is in advanced talks to invest in BookMyShow, an entertainment ticketing platform backed by Reliance Industries ......

Jindal Power proposes to top Adani's $494-mn bid for thermal power plant

Infrastructure

12 January, 2024

Jindal Power proposes to top Adani's $494-mn bid for thermal power plant

Jindal Power has proposed to top a bid by Adani Power, led by billionaire Gautam Adani, for a thermal power ......

Go First stares at liquidation as Jindal Power decides against bidding

Infrastructure

21 November, 2023

Go First stares at liquidation as Jindal Power decides against bidding

India's Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, ......

GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

General

12 October, 2023

GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

Grounded airline Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of ......

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a clutch of buyers that ......

Reliance, Adani among 49 bidders for debt-ridden Future Retail

Consumer

10 April, 2023

Reliance, Adani among 49 bidders for debt-ridden Future Retail

Companies led by Indian billionaires Gautam Adani and Mukesh Ambani, a British retailer and global asset reconstruction firms are among ......

Grapevine: PE fund, strategic buyers eye Birla Tyres; upGrad lays off staff at unit

General

06 March, 2023

Grapevine: PE fund, strategic buyers eye Birla Tyres; upGrad lays off staff at unit

Birla Tyres, a Kesoram Industries Ltd company, has received expressions of interest from at least five entities including the India ......