Search Results for:George Smith Alexander
Advisers evaluating the offer have expressed concerns about the eligibility of the offers from both ArcelorMittal and the VTB consortium.
The Bain Capital-backed Dalmia Bharat consortium made a final offer of more than 63 billion rupees ($981 million) for Binani Cement.
UltraTech Cement and the Dalmia Bharat consortium have each made cash offers of around Rs6,000 crore.
Essar Steel could fetch a valuation of at least $6 billion in a sale.
The consortium is led by Mukund Rajan, the head of international operations for Tata Group’s holding company.
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
Life Healthcare is working with Barclays to explore potential interest in its 49.7% stake in Max Healthcare and could seek about $406 million for it.
Mumbai-listed Hindalco made a non-binding offer through its U.S. unit, Novelis.
Surging steel prices and a new Indian insolvency law have set the stage for an industry-defining battle between tycoons and producers.
ICICI Securities could raise at least 30 billion rupees ($465 million) via an IPO.