Goldman Sachs

India: Post exit, KKR extends $59m credit to TVS Logistics promoters


In October last year, KKR had agreed to sell 21.6% stake in TVS Logistics.

Visual from TVS Logistics
Rocket Internet Logo
Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar
A logo sits on display at the entrance to the headquarters of the Micex-RTS Moscow Exchange, Russia's benchmark stock index, in Moscow, Russia, on Monday, March 3, 2014. Photographer: Andrey Rudakov/Bloomberg
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NLC India in talks to acquire Ind-Barath power plant

NLC India Ltd (earlier known as Neyveli Lignite Corp. of India Ltd) is in talks with Hyderabad-based Ind-Barath Power Infra Ltd (IBPIL) to acquire the latter’s coal-fired power plant in Odisha, two people aware of the development said. The state-owned power producer is keen on acquiring Ind-Barath’s 700 megawatt (2×350… Read more »

Photo: Reuters
Photo: Reuters
Visual of EMR Capital website. May 2016.