India Digest: GMR sells Indonesian firms; Pharma cos eye Bharat Serums; Vodafone Idea raises debt

India Digest: GMR sells Indonesian firms; Pharma cos eye Bharat Serums; Vodafone Idea raises debt

Photo: Mint

GMR Infrastructure has divested entire stake in four Indonesian coal mining entities to PT Golden Energy Mines Tbk while domestic pharma companies are exploring acquisition of Bharat Serums and Vaccines Ltd. (BSV). In a separate development, Vodafone Idea Ltd has raised Rs 1,500 crore (about $211 million) funding through private placement of non-convertible debentures.

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