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Grapevine: IL&FS, Enel get bids for infra assets; Brookfield plans Leela Hotels IPO

General

10 June, 2024

Grapevine: IL&FS, Enel get bids for infra assets; Brookfield plans Leela Hotels IPO

Adani Enterprises, Edelweiss Fund, Oriental Structural Engineers, GR Infrastructure, and Kalyan Toll are among 20 entities that have expressed interest in ......

Tiger Global leads $18 mn round in IoT firm Infinite Uptime

Finance

22 May, 2023

Tiger Global leads $18 mn round in IoT firm Infinite Uptime

US investment firm Tiger Global has led $18.85 million (around Rs 156 crore) investment in IoT startup Infinite Uptime.  The Pune and ......

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Indian firm once among top PE investors fails to find buyer after four-year search

Finance

10 March, 2023

Indian firm once among top PE investors fails to find buyer after four-year search

A domestic private equity firm that was once among the largest in India has failed to find a buyer and ......

Brookfield acquires IL&FS headquarters for over $140 mn

Infrastructure

29 March, 2022

Brookfield acquires IL&FS headquarters for over $140 mn

Canadian investment firm Brookfield Asset Management Inc has acquired the headquarters of IL&FS (Infrastructure Leasing and Financial Services) at Mumbai's ......

Green Growth Equity Fund's unit buys waste manager IL&FS Environmental

Infrastructure

07 April, 2021

Green Growth Equity Fund's unit buys waste manager IL&FS Environmental

Debt-laden Infrastructure Leasing and Financial Services has sold stake in waste manager IL&FS Environmental Infrastructure & Services and its five ......

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Troubled IL&FS invites bids for control of road repair unit in Vietnam

Infrastructure

19 March, 2021

Troubled IL&FS invites bids for control of road repair unit in Vietnam

Debt laden Infrastructure Leasing and Financial Services (IL&FS) Ltd has invited bids for Singaporean unit’s controlling stake in a Vietnamese ......

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Belgian impact investor to take reins of IL&FS PE fund

Healthcare

09 March, 2021

Belgian impact investor to take reins of IL&FS PE fund

A Belgian impact investor with healthcare bets in India is set to take over the management of IL&FS’s only operational ......

Tribunal okays IL&FS claim against National Highways Authority

Finance

18 February, 2021

Tribunal okays IL&FS claim against National Highways Authority

The bankruptcy tribunal has allowed an IL&FS unit to receive the settlement claim it made against the National Highways Authority ......

IL&FS Solar Power clears all debt

Finance

07 January, 2021

IL&FS Solar Power clears all debt

Debt-ridden Infrastructure Leasing and Financial Services (IL&FS) Group’s solar power firm said it has paid its entire debt worth almost ......

IL&FS's energy advisory business lands up on chopping block

Infrastructure

26 November, 2020

IL&FS's energy advisory business lands up on chopping block

Debt-laden Infrastructure Leasing & Financial Services Ltd has put the energy advisory business of IL&FS Energy Development Company Ltd (IEDCL) ......