Search Results for:PR Sanjai

TPG-backed consortium said to bid $1b for Tata Group’s fiber arm

The consortium is led by Mukund Rajan, the head of international operations for Tata Group’s holding company.

Billionaires taken to task by rise of minority investors in India

Companies including Kumar Mangalam Birla’s Grasim Industries Ltd. and Maruti Suzuki India Ltd. have also come under fire from some small investors.

India: Tata hiring bankers to sell or merge dozens of units

As many as one-third of the group’s 100-plus units could go.

India: Bharti explores debt fundraising for $8b Indus deal

Bharti is weighing a bid for the 53% combined stake of Vodafone and Idea.

India: KKR said to be in advanced talks to buy diagnostics firm SRL

The deal could value New Delhi-based SRL at about Rs5,000 crore ($774 million).

India mulls setting up large infrastructure banks to bridge $1.5t gap

India is considering turning to the private sector to help plug a chronic shortage of capital for infrastructure projects.

Indian billionaire shuns investment banks in $23b Vodafone Idea deal

Indian billionaire Kumar Mangalam Birla just pulled off the biggest deal of his career. There won’t be any investment banks sharing in the glory. The tycoon’s mobile arm, Idea Cellular Ltd., said Monday it will merge with Vodafone Group Plc’s Indian operations to create the largest Indian wireless carrier with… Read more »

India: Adani Group plans to start coal mining in Australia in 2020

India’s Adani Group plans to begin extracting coal from the $16.5 billion Carmichael project in Australia in 2020 after environmental protests had delayed the first phase of the mine. The company will begin work on the project three months after it gets final approval from Australia’s federal government, Gautam Adani,… Read more »

India: Warburg in advanced talks for Tata Technologies stake

Warburg is eyeing significant minority in Tata unit for $450 million

India: Motherson Sumi offers up to $610m to acquire Finland’s PKC

The Indian company will make a public tender offer of 23.55 euros a share of PKC Group