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Sun AREA exits Ekta World's project at $38 mn

Infrastructure

03 October, 2016

Sun AREA exits Ekta World's project at $38 mn

Real estate developer Ekta World has given exit to private equity firm Sun AREA Property Partners for Rs 256 crore ......

AskMe fiasco: End game the blame game

TMT

30 September, 2016

AskMe fiasco: End game the blame game

A fierce internal strife, mass pleas by desperate unpaid employees, cases initiated by duped sellers, volley of charges and counter ......

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HDFC Capital hits final close of maiden fund at nearly $750 mn

General

16 September, 2016

HDFC Capital hits final close of maiden fund at nearly $750 mn

HDFC Capital Advisors Ltd, the real estate asset management arm of mortgage lender Housing Development Finance Corporation (HDFC), has struck ......

Altico Capital invests $45 mn in Pune developer Kumar Urban's project

Infrastructure

14 September, 2016

Altico Capital invests $45 mn in Pune developer Kumar Urban's project

Non-banking financial company Altico Capital has invested Rs 300 crore ($45 million) in a township project of Pune-based developer Kumar ......

​Brookfield nears deal for Reliance Communications' telecom tower arm

TMT

09 September, 2016

​Brookfield nears deal for Reliance Communications' telecom tower arm

Canada's Brookfield Asset Management Inc is set to acquire a majority stake in the telecom tower unit of Anil Ambani-led ......

Jindal Steel & Power hires adviser for foreign loan recast

Manufacturing

24 August, 2016

Jindal Steel & Power hires adviser for foreign loan recast

Jindal Steel & Power Ltd (JSPL) has hired an India-based distressed asset advisory firm for the possible restructuring of loans ......

Why DLF's proposed funding from promoters won't make it debt free

Infrastructure

29 June, 2016

Why DLF's proposed funding from promoters won't make it debt free

India’s biggest real estate developer by market capitalisation DLF Ltd, which has taken a slew of measures over the years ......

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Xander Finance charts out new growth frontiers

General

11 June, 2016

Xander Finance charts out new growth frontiers

Xander Finance Pvt Ltd, a non-banking financial company (NBFC) that offers debt funding mainly to developers, plans to expand its ......

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Indiabulls Housing Finance inks mega deal with Gurgaon developer M3M

Infrastructure

25 May, 2016

Indiabulls Housing Finance inks mega deal with Gurgaon developer M3M

Indiabulls Housing Finance Ltd has sealed one of the biggest transactions in the real estate sector in recent times by ......

ADB to lend up to $175M to renewable energy firm Mytrah

Infrastructure

28 April, 2016

ADB to lend up to $175M to renewable energy firm Mytrah

Hyderabad-based power producer Mytrah Energy (India) Ltd said on Thursday it will raise up to $175 million (Rs 1,164 crore) ......