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Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Finance

12 January, 2021

Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......

L&T Finance's deal to sell West Asian wealth management biz to InCred falls apart

Finance

03 July, 2020

L&T Finance's deal to sell West Asian wealth management biz to InCred falls apart

L&T Finance Holdings Ltd said on Friday its deal to sell its West Asian wealth management business to InCred Capital ......

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......

Apis Partners' deal to invest in L&T Infra Debt Fund falls through

Infrastructure

23 March, 2020

Apis Partners' deal to invest in L&T Infra Debt Fund falls through

Private equity firm Apis Partners LLP’s planned investment in L&T Infra Debt Fund (L&T IDF), a non-banking unit of engineering-to-software ......

General Atlantic-backed IIFL Wealth to buy L&T Finance's wealth management biz

Finance

28 August, 2019

General Atlantic-backed IIFL Wealth to buy L&T Finance's wealth management biz

IIFL Wealth Management Ltd said on Wednesday it has agreed to acquire the wealth management arm of L&T Finance Holdings ......

IFC leads $550-mn investment round in L&T Finance

Finance

04 July, 2019

IFC leads $550-mn investment round in L&T Finance

International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in L&T Finance Ltd, a wholly owned ......

Apis Partners to invest $110 mn in L&T's infrastructure refinancing arm

Finance

25 April, 2019

Apis Partners to invest $110 mn in L&T's infrastructure refinancing arm

Private equity firm Apis Partners LLP has agreed to invest up to $110 million (about Rs 770 crore) in L&T ......

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Fund Scan: Bain Capital playing a cautious game with minority deals, PIPE bets

Finance

27 December, 2017

Fund Scan: Bain Capital playing a cautious game with minority deals, PIPE bets

Caution is the not the word one would typically associate with private equity firms. But it is, perhaps, the most ......

Bain may partially exit L&T Finance; debt-laden Binani Cements attracts 15 suitors

General

21 November, 2017

Bain may partially exit L&T Finance; debt-laden Binani Cements attracts 15 suitors

Private equity giant Bain Capital Partners is looking to partially exit L&T Finance Holdings Ltd through a block deal, a ......