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Lone Star Funds files case against RattanIndia Finance alleging fraud, irregularities

Finance

17 May, 2021

Lone Star Funds files case against RattanIndia Finance alleging fraud, irregularities

A subsidiary of US-based private equity firm Lone Star Funds has moved the court against RattanIndia Finance Pvt Ltd alleging ......

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Two players stop chasing financially troubled Religare Finvest

Finance

12 November, 2020

Two players stop chasing financially troubled Religare Finvest

At least two entities interested in acquiring financially-troubled Religare Finvest Ltd have withdrawn from the race, two people aware of ......

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

General

14 February, 2020

Grapevine: PE funds, banks, NBFCs circle DHFL retail book

A total of 14 entities including foreign banks, private equity funds and non-bank lenders have begun talks to buy the ......

Lone Star to buy BASF construction chemicals biz in India, other countries

Manufacturing

23 December, 2019

Lone Star to buy BASF construction chemicals biz in India, other countries

Private equity firm Lone Star has entered a deal to buy BASF's construction chemicals business for 3.17 billion euros ($3.5 ......

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

General

18 September, 2018

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in ......

Lone Star, Cube Highways, NIIF and others circle IL&FS assets

Infrastructure

31 August, 2018

Lone Star, Cube Highways, NIIF and others circle IL&FS assets

Infrastructure Leasing and Financial Services Ltd (IL&FS) is looking to raise $2 billion (Rs 10,000-12,000 crore) from the sale of ......

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Lone Star-backed RattanIndia Finance hires real estate head

People

23 July, 2018

Lone Star-backed RattanIndia Finance hires real estate head

RattanIndia Finance Pvt. Ltd, a joint venture of Indiabulls co-founder Rajiv Rattan and US-based private equity firm Lone Star Funds, ......

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How the frustration of buying stressed assets in India is deterring PE funds

Finance

28 June, 2018

How the frustration of buying stressed assets in India is deterring PE funds

In March, Dalmia Bharat Ltd and a joint fund of private equity firm Bain Capital and Piramal Enterprises Ltd won ......

Lone Star to take 50% stake in Indiabulls co-founder Rajiv Rattan's NBFC

Finance

16 April, 2018

Lone Star to take 50% stake in Indiabulls co-founder Rajiv Rattan's NBFC

Rajiv Rattan, who co-founded Indiabulls Group at the turn of the century before moving out three years ago, has partnered ......

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IL&FS tunes strategy for $550 mn stressed asset JV with Lone Star

Finance

14 September, 2017

IL&FS tunes strategy for $550 mn stressed asset JV with Lone Star

The stressed assets fund floated by Infrastructure Leasing & Financial Services Ltd (IL&FS) and American private equity fund house Lone ......