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Tiger Global raises $3.75 bn fund; Indiabulls mulls share sale in OakNorth

General

22 October, 2018

Tiger Global raises $3.75 bn fund; Indiabulls mulls share sale in OakNorth

US-based hedge fund and venture investor Tiger Global Management has raised $3.75 billion in its latest VC fund, the Financial ......

Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel

Manufacturing

04 October, 2018

Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel

 India's Supreme Court allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after clearing their outstanding dues within ......

ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up

Manufacturing

10 September, 2018

ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up

Steel giant ArcelorMittal SA has raised its bid for India's debt-laden Essar Steel in competition with Russia's VTB and Vedanta ......

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How dealmaking in stressed assets is reshaping India's steel industry

Manufacturing

23 May, 2018

How dealmaking in stressed assets is reshaping India's steel industry

The steel industry in India, the world's third-biggest producer of the alloy, is undergoing a churn as large local and ......

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

General

18 May, 2018

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

IT companies Hexaware Technologies Ltd, Mphasis Ltd and L&T Infotech Ltd are among the potential bidders for business process outsourcing ......

Numetal pitches for latest bids for Essar Steel; Unitech land may be auctioned

General

15 May, 2018

Numetal pitches for latest bids for Essar Steel; Unitech land may be auctioned

Numetal Mauritius has moved the National Company Law Appellate Tribunal (NCLAT) to consider the second round of bids for debt-laden ......

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

Manufacturing

11 May, 2018

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......

Alphabet may pick minority stake in Flipkart; Numetal ups bid for Essar Steel

General

27 April, 2018

Alphabet may pick minority stake in Flipkart; Numetal ups bid for Essar Steel

Google’s parent Alphabet Inc. may invest $1-2 billion (Rs 6,672-13,345 crore) in homegrown e-commerce major Flipkart to pick up a ......

Numetal, ArcelorMittal back in the game for Essar Steel

Manufacturing

20 April, 2018

Numetal, ArcelorMittal back in the game for Essar Steel

In a fresh twist to the insolvency proceedings of Essar Steel Ltd, the lenders to the beleaguered steelmaker will again ......

JSW Steel, NuMetal submit joint bid for Essar Steel

Manufacturing

02 April, 2018

JSW Steel, NuMetal submit joint bid for Essar Steel

Billionaire Sajjan Jindal-led JSW Steel Ltd said on Monday it has submitted a joint bid with Nu Metal and Steel ......