Tanya Thomas

PE firm Actis drops plan to buy Essel Infra’s solar assets in India

Subhash Chandra-promoted Essel Infra has now initiated talks with ACME Solar Holdings Ltd to sell the same solar energy assets.


Adani, GMR bid for six Indian non-metro airports up for privatisation

Rating agency Crisil had said that it expects the development of these six airports to attract potential investments worth $1.4 billion.


Tata Trusts managing trustee R. Venkataramanan resigns

The trustees also named Noel Tata, chairman of Trent Ltd, and Jehangir H.C. Jehangir, as trustees of Sir Ratan Tata Trust.


India’s JSW wins bid for Bhushan Power and Steel

JSW Steel will now pay $6.28 billion in upfront cash to Bhushan Power and Steel’s lenders and infuse ₹350 crore in the steelmaker to revive it.


Indian firms seek relaxation of investment trust structure norms

InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield and a liquid method of investing in infrastructure projects.


India: Tata Steel to sell SE Asia ops to China’s HBIS Group for $327m

The transaction is part of Tata Steel’s strategy to offload its marginal assets globally and find partners for its more significant international businesses.


JSW may support Ruia family bid to take back control of Essar Steel

JSW is likely to be an equity partner with the Ruias’ Essar group, along with foreign financial investors.


India: Essel Infraprojects looks to sell part of its roads portfolio

Essel Infra is in talks with Cube Highways and Infrastructure, Adani Enterprises and three Canadian pension funds.


India: IL&FS draws interest from 30 suitors for road assets

The group is undertaking a series of asset monetization programmes to pay off its ₹91,000 crore debt.


Switzerland, SG airport operators said to mull bidding for India airports

Other overseas entities that have shown interest include German airport operator AviAlliance, Global Infrastructure Partners (GIP) and Sydney-based AMP Capital.