Search Results for:Anto Antony

India: Bank of Baroda may sell Nainital Bank to bolster capital

Bank of Baroda holds 98.6% stake in the 96-year-old Nainital Bank, which had assets of about $1.2 billion as of March end


Indian billionaire Uday Kotak to set up family office for global investments

The family office will deploy funds in asset classes except for debt and cryptocurrencies.


Industrialists face off with producers as $26b of India’s steel assets go up for grabs

Surging steel prices and a new Indian insolvency law have set the stage for an industry-defining battle between tycoons and producers.


India’s ICICI Bank said to pick banks for IPO of $3b brokerage arm

ICICI Securities could raise at least 30 billion rupees ($465 million) via an IPO.


India: 12 large debtors attract big funds as govt nudges bad debt into spotlight

The assets held by the dirty dozen include Essar Steel, Bhushan Steel and Bhushan Power & Steel.


Apax, Carlyle may bid for stake in Indian insurer Royal Sundaram

Royal Sundaram has started a process to sell a 49% stake, in a deal that could fetch about $500 million


Apax, Carlyle said to be considering bids for Indian insurer stake

Insurer Royal Sundaram is looking to sell a 49% stake for about $500 million.


Qatar Foundation unit offers to sell $1.46b stake in India’s Bharti Airtel

Three Pillars Pte., Singapore, an affiliate of Qatar Foundation Endowment SPC, is selling as many as 199.9 million Bharti Airtel shares for 473 to 490 rupees each on Wednesday.


Lenders to India’s RCOM face uphill struggle after debt swap

The track record of the handful of companies which have exited from the SDR program isn’t encouraging.


GIC-backed Bandhan Bank is said to select banks for $780m IPO

Investors will be offered about a 10 percent stake in Bandhan Bank through the IPO.