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UAE-based billionaire's big India hospital deal hits new hurdle

Healthcare

UAE-based billionaire's big India hospital deal hits new hurdle

Billionaire BR Shetty’s year-long wait to take over two hospitals in Mumbai and Visakhapatnam that...

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JM Financial set to float distressed assets funds

Finance

JM Financial set to float distressed assets funds

Mumbai-based JM Financial Ltd has revived a plan to invest in stressed assets through separate ...

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UAE-based billionaire seals large India hospital deal

Healthcare

UAE-based billionaire seals large India hospital deal

Billionaire BR Shetty has sealed a transaction to buy two hospitals in Mumbai and Visakhapatnam, a ...

SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh

Consumer

SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh

The Securities and Exchange Board of India (SEBI) has ordered Hotel Leelaventure Ltd to seek ...

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BR Life gets lifeline in stressed hospital asset SevenHills buyout

Healthcare

BR Life gets lifeline in stressed hospital asset SevenHills buyout

Billionaire BR Shetty’s BR Life, the largest private healthcare company in the UAE, has received a...

Brookfield inks pact to acquire Leela hotels for $576 mn

Consumer

Brookfield inks pact to acquire Leela hotels for $576 mn

Canadian investment firm Brookfield Asset Management Inc. has signed an agreement with debt-laden ...

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Brookfield's plan for big-ticket Indian hospitality deal hits rough weather

Consumer

Brookfield's plan for big-ticket Indian hospitality deal hits rough weather

Canadian investment firm Brookfield Asset Management Inc.'s attempt to seal a big-ticket deal in...

General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready

General

General Atlantic, Värde may buy into PNB Housing; Energizer, Duracell eye Eveready

Private equity firm General Atlantic and US-based investment firm Värde Partners are likely to buy ...

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How PE funds, foreign banks are changing tack in battle for stressed assets

Finance

How PE funds, foreign banks are changing tack in battle for stressed assets

When Indian authorities started cracking down on banks’ bad loans two years ago, several private ...

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

General

Walmart eyes majority stake in Flipkart; Blackstone ends bid for Anand Jain fund

US-based retailer Walmart Inc. is in advanced discussions to acquire a large stake in e-commerce ...