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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 ......

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Sterlite-backed India Grid InvIT eyes multiple acquisitions

Infrastructure

22 January, 2019

Sterlite-backed India Grid InvIT eyes multiple acquisitions

India Grid Trust, a listed infrastructure investment trust (InvIT), is looking to drive growth inorganically by acquiring assets worth Rs ......

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

General

30 November, 2018

Fairfax may sell stake in ICICI Lombard; Sequoia may back ed-tech firm Eruditus

Fairfax, which is controlled by investor Prem Watsa, known as the “Warren Buffett of Canada”, is considering reducing its stake ......

Resurgent PE in race for Avantha asset; four suitors for Essel's transmission biz

General

07 June, 2018

Resurgent PE in race for Avantha asset; four suitors for Essel's transmission biz

Essel Infraprojects has shortlisted Tata Power, Sterlite Power, CLP India and Edelweiss Financial Services to sell its power transmission projects, ......

Adani to buy Reliance Infra's power transmission biz

Infrastructure

05 October, 2016

Adani to buy Reliance Infra's power transmission biz

Adani Transmission Ltd has signed a binding term sheet to acquire Reliance Infrastructure Ltd’s (R-Infra) stake in three power transmission ......

GMR to sell two transmission projects to Adani

Infrastructure

01 July, 2016

GMR to sell two transmission projects to Adani

GMR Energy Ltd (GEL) said on Friday it has entered into definitive agreements with Adani Transmission Ltd (ATL) to sell ......