Page 16 - Dev Chatterjee

Reliance Naval debt resolution stuck as bidder seeks more time to pay

Hazel Mercantile sought additional time to pay the upfront cash as it cited market upheaval for its inability to raise funds by the deadline

Blackstone, Baring in race to acquire up to 20% stake in pharma firm Cipla

Cipla shares closed 9.6 per cent up on Thursday to Rs. 1,175

Nirma looks to raise up to Rs 7,000 crore to fund buys and expansion

The unlisted company posted revenues to the tune of Rs 11,403 crore in fiscal 2023

Qatar fund in talks to buy minority stake in Reliance Retail Ventures

Those investors included KKR & Co and Saudi Arabia's Public Investment Board (see chart). RIL and its associate firms own the rest of the stake in RRVL

Qatar sovereign fund in talks for minority stake in Reliance Retail

RRVL valued at $100 bn by JM Financial; Reliance group looking to unlock potential of its telecom unit too

Mahindra Holidays looks to take on titans with new resort venture

Plans to launch a new resort brand to tap into the growing number of travellers in the country

SBI Caps asks ARCs to make final offers for Vidarbha Industries' debt

Aditya Birla ARC has joined hands with Varde Partners of Singapore to acquire the company's debt, said a banking source

Bain to buy 90% stake in Adani Capital and Adani Housing for Rs 1,440 cr

The total valuation of the Adani financial services business stands at Rs. 1,600 crore

Adani to sell 90% stake in fin services to Bain Capital for Rs 1,440 cr

Bain to invest Rs 1,000 cr more in company

NCLT clears Lavasa Corporation takeover by Darwin Platform Infrastructure

The NCLT nod will help the new developer to start work on the project which would help thousands of home buyers to get keys to their property

Tata subsidiary likely to invest $1 billion in battery units in first year

BCATL, the Chinese group, is planning a 100GWh plant in Hungary at a cost $83 million per GWh, UK media reported

Shree Cement exits the race to acquire Ahmedabad-based Sanghi Cement

Shree Cement has set target of reaching 80 million tonnes capacity by 2030. This would be achieved through brownfield and greenfield expansion

Creditors approve Reliance Capital infusing Rs 200 cr in insurance arm

Profit-making unit of bankrupt firm has said the capital infusion will increase regulatory comfort

Aditya Birla ARC leads race to buy Anil Ambani firm Vidarbha's debt

Firm is a Reliance Power subsidiary that owes Rs 2,569 cr as principal amount to banks

Temasek Holdings looking to invest $10 billion in India in 3 years

Temasek, an early investor in Indian firms like Zomato, Tata Play, and Ola, plans to invest in climate-aligned opportunities such as renewable energy and companies engaged in decarbonisation efforts

Temasek investments guided by digitisation, future of consumption: Execs

Country's demographics, steady policy and focus on infrastructure are among its strengths, say senior executives of Singapore-based investment firm

Tatas, Wipro Consumer in race to acquire masala company for Rs 1,000 cr

The company, whose revenues stood at Rs. 1,660 crore and its net profit at Rs. 21.7 crore in FY22, has become a takeover target of various larger players

Adani group gets approval to redevelop the slums in Mumbai's Dharavi

Project has redevelopment potential of Rs 20,000 crore

Disney's India business sale may attract private equity firms, local rivals

In 2019, when Walt Disney acquired 21st Century Fox's entertainment business for $71.3 billion, the valuation of the India business was pegged at $14-15 billion

Temasek plans to step up investment in India technology, retail firms

EvolutionX Debt Capital, a growth-stage debt financing platform jointly established by Temasek and DBS Bank, provides financing to growth-stage technology-enabled companies