Search Results for:Reghu Balakrishnan

India: BanyanTree backing Mesco Group unit for Electrosteel bid

Electrosteel Steels owes Rs10,274 crore to a consortium of banks led by State Bank of India (SBI).


Blackstone, Brookfield Asset Management eye assets of India’s Kotak Realty

Canada’s CPPIB is also learnt to be interested in the assets.


Kotak Realty joins race to buy IL&FS India Realty Fund 1

US-based global private equity firm The Blackstone Group Lp is already in talks to buy the fund.


India: Piramal Fund hires Anuj Puri’s Anarock to sell its apartments in Omkar 1973

Piramal has invested about Rs1,400 crore in Omkar 1973 including Rs1,200 crore debt and Rs200 crore in equity.


Blackstone in talks to buy majority stake in Indian auto parts maker Comstar

Blackstone previously owned another Indian auto parts maker Agile Electric Sub Assembly.


India: Lightspeed Venture in talks to buy stake in Freight Commerce

Early this month, Shriram Transport Finance invested $1.09 million to acquire a 17% stake in Freight Tiger.


India: Piramal Finance sets up housing finance arm

The company is set up under Piramal Finance with an initial capital of $152m.


India: PremjiInvest acquires 45% stake in Shubham Housing for $35m

This makes PremjiInvest the single-largest shareholder in Shubham Housing.


India: Warburg Pincus close to buying 20% stake in Indira IVF Hospital

Indira IVF will sell about a 20% stake for Rs 700 crore, valuing the company at Rs 3,500 crore


China Fosun to buy 74% stake in Gland Pharma for $1.1b in revised deal

Fosun has agreed to cut the size of the stake it will buy in Gland Pharma to 74%, having previously targeted 86%.