By Bloomberg News
Over the next year, the assets and debts of about 50 of India’s biggest defaulters may be sold off by court-appointed professionals.
Tullow Namibia Ltd had a 25% stake in the block in Namibia’s Petroleum Exploration License area (PEL)0030.
Earlier this year, Infibeam was planning to invest around $22.4 million more in CC Avenue to further acquire 7.5 per cent stake.
Last month, Quess had acquired a 70% stake in Vedang Cellular Services for $6m.
The Edelweiss managed entities —Edelweiss Crossover Opportunities Fund and EW Clover Scheme —bought the stake from private equity investor SSG Capital Management.
Ola recently raised $1.1b from SoftBank, Tencent and others.
Donear had acquired Grasim Bhiwani Textiles from Grasim Industries in July
He also said NSE’s own IPO will happen only after issues surrounding allegations of providing unfair access to some brokers are resolved.
Gopalan may now be responsible for developing 1,000 MW capacity as CEO of Apac operations of Lightsource.
In September 2015, the company raised a sum of $10 million from early backer Paytm.