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Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Finance

04 October, 2019

Podcast: DHFL dangles equity conversion before lenders; Altico gets PE attention

Two non-banking financial companies -- Dewan Housing Finance Corporation Ltd (DHFL) and Altico Capital – are busy working out resolution ......

Grapevine: Adani may buy Essel solar plants; GIC plans $1 bn bet on India road assets

General

18 June, 2019

Grapevine: Adani may buy Essel solar plants; GIC plans $1 bn bet on India road assets

Essel Infraprojects Ltd has entered into a pact to sell about 310 megawatts (MW) of its solar energy assets to ......

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Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Infrastructure

12 June, 2019

Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Non-banking financial company (NBFC) Altico Capital is considering selling a part of its real estate portfolio, two people in the ......

KKR looks to take over Altico; Alibaba reviews India strategy

General

06 May, 2019

KKR looks to take over Altico; Alibaba reviews India strategy

Private equity firm KKR is looking to buy a controlling stake in real estate-focussed non-banking financial company Altico Capital India ......

Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan

General

23 January, 2019

Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan

IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has received takeover interest from ......

Altico Capital backs Century Group's affordable housing project

Finance

19 November, 2018

Altico Capital backs Century Group's affordable housing project

Non-banking financial company Altico Capital said on Monday that it has invested Rs 120 crore (around $17 million at current ......

Altico Capital invests $90 mn in Renaissance group's warehousing project

Infrastructure

05 November, 2018

Altico Capital invests $90 mn in Renaissance group's warehousing project

Non-banking finance company Altico Capital has provided $90 million (Rs 650 crore) in debt finance to Mumbai-based warehouse and industrial ......

Brookfield looks to buy stake in Clearwater Capital-backed Altico

Infrastructure

11 July, 2018

Brookfield looks to buy stake in Clearwater Capital-backed Altico

Canada's Brookfield Asset Management Inc. is looking to acquire a stake in Altico Capital India Ltd, a non-banking financial company ......

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Xander Finance bets on Bengaluru-based school

Consumer

23 February, 2018

Xander Finance bets on Bengaluru-based school

Xander Finance Pvt. Ltd, the non-banking financing arm of alternative investment firm The Xander Group Inc., has invested in a ......

IFC plans to invest $50 mn in Altico Capital for affordable housing projects

Finance

21 February, 2018

IFC plans to invest $50 mn in Altico Capital for affordable housing projects

International Finance Corporation (IFC), the private sector investment arm of the World Bank, plans to provide debt financing of up ......