Search Results for:Anto Antony

Deutsche Bank said to have called off $4.6b India portfolio sale

The German lender is considering keeping the operations after former Chief Executive Officer John Cryan stepped down this month.

Binani Cement lenders to consider Birla’s last-minute $1.1b bid

The move would overturn a decision the lenders made last month to support an offer from a rival consortium that includes Dalmia Bharat, and a Bain Capital-backed fund.

Bain-backed Dalmia bid said to win lenders’ backing for Binani

The process could be delayed as UltraTech, India’s biggest cement maker, has approached the NCLT with complaints on how the Binani sale process was run.

WhatsApp dips toes into India’s digital payments market

At stake is an Indian digital payments market that Credit Suisse Group AG estimates could be worth $1 trillion within five years.

How Blackstone turned India into its top-performing market globally

Blackstone recorded an annualized internal rate of return of about 30% on its India PE investments since 2011, the highest among its markets worldwide.

India’s HDFC Bank appoints arrangers for $2.38b share sale

HDFC Bank plans to raise the bulk of the funds from international investors through a sale of ADRs, with the rest to come from selling stock in India.

GIC-backed Indian lender Bandhan Bank to raise $689m in IPO

Funds raised from the sale will be used to bolster the lender’s capital adequacy ratio.

India: Essar Steel $6b sale faces fresh delay as creditors postpone decision on bids

State Bank of India is among the biggest Essar Steel creditors.

Arcelor, VTB hit speed bump in bid for India’s $6b Essar Steel

Advisers evaluating the offer have expressed concerns about the eligibility of the offers from both ArcelorMittal and the VTB consortium.

Bain-backed consortium said to be highest bidder for India’s Binani Cement

The Bain Capital-backed Dalmia Bharat consortium made a final offer of more than 63 billion rupees ($981 million) for Binani Cement.