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Grapevine: BlueStone ropes in bankers for IPO; former TPG exec to launch fund

General

16 October, 2024

Grapevine: BlueStone ropes in bankers for IPO; former TPG exec to launch fund

Jewellery startup BlueStone has appointed bankers for its planned $200 million (Rs 168 crore) public listing by the second quarter ......

Adani's bid to buy out AES from Odisha Power falls apart

Infrastructure

24 December, 2020

Adani's bid to buy out AES from Odisha Power falls apart

The Odisha government has scuttled the plans of billionaire Gautam Adani-controlled Adani Power Ltd to acquire a 49% stake in ......

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Cracks widen in infra dealmaking as investors turn wary, deals fall apart

Infrastructure

23 July, 2020

Cracks widen in infra dealmaking as investors turn wary, deals fall apart

The Indian infrastructure sector recorded a rather dull quarter through June as private equity investors and strategic buyers mostly stayed ......

Adani to acquire stake in Odisha Power as AES exits after two decades

Infrastructure

23 June, 2020

Adani to acquire stake in Odisha Power as AES exits after two decades

New York-listed AES Corp has agreed to sell its 49% stake in Odisha Power Generation Corp to Adani Power Ltd, ......

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

General

28 June, 2019

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......

Adani Power to take over debt-laden GMR Chhattisgarh Energy

Infrastructure

26 June, 2019

Adani Power to take over debt-laden GMR Chhattisgarh Energy

GMR Chhattisgarh Energy Ltd's lenders have approved an offer by Adani Power Ltd to acquire the debt-laden electricity generation company. The ......

Adani stocks cheer incumbency wave in India, Australia

Markets

20 May, 2019

Adani stocks cheer incumbency wave in India, Australia

Shares in various Adani Group companies, including those of flagship Adani Enterprises Ltd, surged on Monday after exit polls predicted ......

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

General

12 April, 2019

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system, has ......

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 Adani seals buyout of stressed thermal power asset in big-ticket deal

Infrastructure

08 April, 2019

Adani seals buyout of stressed thermal power asset in big-ticket deal

Adani Power Ltd has sealed the buyout of a thermal power producer more than four years after first announcing an ......