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Nirmal Gangwal's Brescon takes second shot at stressed assets biz

Finance

24 April, 2019

Nirmal Gangwal's Brescon takes second shot at stressed assets biz

Debt restructuring and turnaround advisory firm Brescon Corporate Advisors is gearing up to raise its first special situations...

Singtel, Airtel and Warburg eye stake in Dish TV; Rentomojo in funding talks

General

11 April, 2019

Singtel, Airtel and Warburg eye stake in Dish TV; Rentomojo in funding talks

A consortium that includes Singapore Telecommunications, Sunil Mittal-led Bharti Airtel and private equity firm Warburg Pincus...

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

09 April, 2019

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Canadian pension funds CPPIB and CDPQ, Italy's Atlantia and billionaire Ajay Piramal-led Piramal Group are in the final round...

IFC to offer $150 mn in debt funding to Piramal Capital

Finance

09 April, 2019

IFC to offer $150 mn in debt funding to Piramal Capital

International Finance Corporation plans to make a debt investment of up to $150 million (Rs 1,040 crore) in mortgage lender ......

Bain-Piramal fund to invest $144 mn in Panacea Biotec

Finance

08 April, 2019

Bain-Piramal fund to invest $144 mn in Panacea Biotec

India Resurgence Fund, a joint venture of Bain Capital Credit and Piramal Enterprises Ltd, has invested $144 million (Rs 992 ......

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Piramal Capital commits debt funding to North India developer

Infrastructure

28 February, 2019

Piramal Capital commits debt funding to North India developer

Piramal Capital & Housing Finance Ltd, the retail and wholesale lending arm of Piramal Group, has offered debt capital to...

Shriram Transport to raise $200 mn via asset securitisation deal with IFC

Finance

26 February, 2019

Shriram Transport to raise $200 mn via asset securitisation deal with IFC

Non-bank lender Shriram Transport Finance Company Ltd is raising $200 million (Rs 1,420 crore) from International Finance Corporation...

NCLAT clears UltraTech's bid for Binani Cement

Manufacturing

14 November, 2018

NCLAT clears UltraTech's bid for Binani Cement

An Indian tribunal has ruled that UltraTech Cement Ltd’s more than $1 billion bid for the cement unit of Binani ......

Piramal exec to head True North's new pharma platform

Healthcare

01 November, 2018

Piramal exec to head True North's new pharma platform

Kedar Rajadyne has resigned as the chief operating officer and president of Piramal Enterprises Ltd's consumer products business...

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Exclusive: SBI Funds to raise new corpus for stressed assets

Finance

01 November, 2018

Exclusive: SBI Funds to raise new corpus for stressed assets

SBI Funds Management Pvt. Ltd, the asset management arm of State Bank of India, is raising capital for a new ......

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