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Warburg eyes stake in Fusion Microfinance; Edelweiss may buy Engie India's solar biz

General

02 August, 2018

Warburg eyes stake in Fusion Microfinance; Edelweiss may buy Engie India's solar biz

Private equity firm Warburg Pincus is in discussions with Delhi-headquartered Fusion Microfinance Pvt. Ltd to pick up a significant minority ......

Edelweiss may buy Engie's India solar biz; PE firms in race for bankrupt Su-Kam

General

02 August, 2018

Edelweiss may buy Engie's India solar biz; PE firms in race for bankrupt Su-Kam

French multinational utility company Engie SA is in talks with Edelweiss Infrastructure Yield Plus Fund to divest its holding in ......

CVC Capital eyes UnitedLex; AION, Tech Mahindra lead race for InterGlobe Tech

General

30 July, 2018

CVC Capital eyes UnitedLex; AION, Tech Mahindra lead race for InterGlobe Tech

Private equity firm CVC Capital Partners is in advanced talks to buy a controlling stake in legal process outsourcing firm ......

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

General

25 July, 2018

More pros than cons of barring promoters from IBC: Panellists at VCCircle event

Keeping the promoter out of the bankruptcy-resolution process will have short-term negatives but long-term benefits will far outweigh them, said ......

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

General

20 July, 2018

Stressed assets: NCLT clears bids for Monnet Ispat, Adhunik Metaliks, Sirpur Paper

As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......

JSW-AION consortium gets NCLT nod to acquire Monnet Ispat

Manufacturing

19 July, 2018

JSW-AION consortium gets NCLT nod to acquire Monnet Ispat

The National Company Law Tribunal on Thursday approved the sale of bankrupt metals firm Monnet Ispat & Energy Ltd to ......

Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

General

18 July, 2018

Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

ASK Group, an advisory and asset management business house, is planning an initial public offering of around $250 million (Rs ......

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AION-backed Clix Capital's housing finance arm CEO quits

People

13 June, 2018

AION-backed Clix Capital's housing finance arm CEO quits

The chief executive officer of the mortgage lending unit of AION Capital-backed Clix Capital Services Pvt. Ltd has quit just ......

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Suresh Kalpathi in talks with PE firm for big-ticket education deal

Consumer

01 June, 2018

Suresh Kalpathi in talks with PE firm for big-ticket education deal

Serial investor Suresh Kalpathi, who made a name for himself by building IT education and services firm SSI Ltd, is ......

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How dealmaking in stressed assets is reshaping India's steel industry

Manufacturing

23 May, 2018

How dealmaking in stressed assets is reshaping India's steel industry

The steel industry in India, the world's third-biggest producer of the alloy, is undergoing a churn as large local and ......