Search Results for:Deborshi Chaki

India: Tata Group starts due diligence for controlling stake in Jet Airways

Acquisition of Jet Airways will grow its combined market share about threefold to 24% from 8.2% as of end-September.

Karan Thapar-led EICL in talks to sell starch-making business to Riddhi Siddhi

The sale of starch production business will help EICL reduce debt to some extent.

Post acquisition, Investcorp looks to sell IDFC PE’s smaller investments

Investcorp has clubbed the smaller investments of IDFC PE and is on a lookout for a potential buyer for the portfolio

India: Piramal Group mulls partnering with PE funds to acquire NBFC assets

Piramal’s interest comes at a time when many listed NBFCs have lost significant market value on growing concerns around asset-liability mismatches.

AviAlliance, AMP Capital join race to buy minority in Mumbai airport

The GVK group, which owns 50.5% in the Mumbai airport, plans to sell some of its stake to raise money for its projects.

India: Manipal-TPG group in talks to buy Medanta stake after failed Fortis bid

TPG-Manipal is the only party that is actively pursuing Medanta after Malaysia’s IHH Healthcare Bhd withdrew its non-binding bid following its acquisition of Fortis Healthcare.

India: IL&FS board may pitch for a govt bailout

In case the government bailout also falls through, the newly constituted IL&FS board will have to work on alternative plans to raise capital.

India: KKR in talks to pick controlling stake in Aadhar Housing Finance

Aadhar Housing Finance is a unit of Wadhawan Global Capital which also controls Dewan Housing Finance Co. Ltd (DHFL)

Macquarie, Italy’s Atlantia, Brookfield look to bid for India’s toll road assets

The three companies are in the process of conducting due diligence on the assets, which have been put up for auction by the National Highways Authority of India

India: Aditya Birla Group in talks to acquire debt-laden IL&FS’s education arm

IETS, a fully owned subsidiary of IL&FS, operates computer labs in government schools under the build-own-operate (BOO) model.