By Madhurima Nandy
Trump Tower on Kolkata’s EM Bypass is being developed by Unimark Group, RDB Group and Tribeca Developers, with 136 high-end residential units spread across two acres.
India cleared a proposal in January to allow foreign investors to own up to 49 percent of Air India, opening the way for global airlines to bid.
Manila Water has acquired 18.72 per cent of Thailand’s Eastern Water Resources Development and Management Public Company Ltd (East Water).
Since taking the throne in 2016, King Maha Vajiralongkorn has brought management of the monarchy’s multi-billion dollar holdings under greater personal control and last year also took a $500 million stake in Thailand’s oldest bank.
‘White knight’ Evergreen had been due to acquire a holding company for Bumiputera, which has more liabilities than assets.
While venture capital firm Kalaari Capital is in talks to sell its stake in Snapdeal, US-based private equity firm Delos Capital has acquired Sage Metals. Kalaari in talks to sell stake in Snapdeal Kalaari Capital, one of the early backers of once-prolific e-commerce firm Snapdeal, is in talks to sell its… Read more »
UltraTech, controlled by Kumar Mangalam Birla, is competing with a consortium led by Dalmia Bharat Ltd., which has been chosen as the highest bidder.
While the Melbourne-based fund had invested in external infrastructure managers, over the past 18 months it has started bulking up its own teams.
The fund will mainly invest in the consumer industry and focus on market opportunities in the consumption upgrade and new retail field.
The TPG Capital-Manipal Health Enterprises combine and IHH Healthcare Bhd could acquire shares from the public and banks to wrest control of Fortis.