Search Results for:Deborshi Chaki

Brookfield in talks to acquire stake in Mumbai NBFC Altico Capital

The proposed investment will be a mix of primary and secondary investment, and may lead to the exit of Varde Partners, one of the shareholders in Altico

UPL prepared to acquire Arysta LifeScience for over  $4b

The acquisition will also boost UPL’s agrochemical and crop protection business.

Carlyle, Advent, Fosun in early talks to acquire stake in Glenmark’s API business

The deal is expected to be valued at Rs 1,500 crore, or more.

Anshu Jain-backed InCred may raise up to $93m, plans wholesale lending foray

With the planned foray into the commercial lending business, it will join bigger rivals, who have stepped in to fill the space vacated by public sector banks as many of them continue to be under RBI’s prompt corrective action (PCA) that restricts their lending abilities.

Carlyle’s Asia fund eyes distressed asset deals in India

The development underlines the growing interest of overseas private equity (PE) funds in India’s distressed assets space, which has led to several of them setting up asset reconstruction companies (ARCs) in the country.

India: Sesa Hair Oil in talks to raise up to $60m from True North

True North plans to acquire a large minority stake in the Sesa Hair Oil brand which will be held under a new entity.

India: Distressed asset funds eye buyout deals ahead of bankruptcy process

In a recent deal, India Resurgent Fund (IRF), a JV between Piramal Enterprises and Bain Capital Credit, invested Rs 800 crore in Archean Chemical Industries Ltd, buying out its lenders

Government back to square one on flag carrier Air India sale

Prime Minister Narendra Modi’s administration is ready to “re-examine” its privatisation process, including a clause requiring a minority state stake in Air India Ltd

India: Baba Ramdev’s Patanjali, Godrej Agrovet in talks to partner for Ruchi Soya bid

Patanjali may sell Ruchi Soya’s palm oil plantation assets to an external buyer if its bid is successful.

Bain-backed India Resurgent Fund invests $119m in Archean Chemical

India Resurgent Fund will reportedly infuse both debt and equity into Archean to help it restructure its cash flows.