India Dealbook: Balaji Telefilms' arm mulls stake sale, Ascendas' land deal, Ward Ferry eyes Treebo

India Dealbook: Balaji Telefilms' arm mulls stake sale, Ascendas' land deal, Ward Ferry eyes Treebo

Photo: Mint

Balaji Telefilms is planning to sell a stake in its subsidiary ALT Balaji Digital Media Entertainment, Ascendas-Singbridge Group has bought land in Pune for about Rs 200 crore ($31 million) and Hong Kong-based hedge fund Ward Ferry is in talks to acquire a stake in online budget hotel chain Treebo.

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