By Pramugdha Mamgain
This is the largest primary capital infusion in AU Bank and its first ever since their last raise in fiscal 2012.
PM Modi plans to raise about $12 billion in the current year from asset sales.
It will use the money to boost its capital buffers and support its growth plans for several years.
The Thai company has agreed to buy from China’s HNA, NH’s biggest shareholder, a 26.5% stake.
Citing non-fulfillment of conditions, GHL has now picked 6.1% in MPOS Global against the earlier planned 31.6% in a downsized deal.
The offer potentially sets off a three-way struggle for the iron ore miner.
Last year, L Catterton Asia had sold its around 40 per cent stake in Genesis Luxury to Reliance Retail.
The deal could help JD.com expand beyond its base in China and SE Asia and establish a meaningful presence in U.S. and European markets.
This is the second time that JSW Energy has expressed interest in Monnet Power.
The investment is also seen as a move by Razor to deepen its play in the global gaming industry.