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Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

General

21 February, 2018

Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart

Private equity giant Blackstone Group is in an advanced stage of discussions with Indiabulls Real Estate Ltd to buy a ......

CarTrade to acquire Shriram Automall for $24.5 mn

TMT

24 January, 2018

CarTrade to acquire Shriram Automall for $24.5 mn

MXC Solutions India Pvt. Ltd, the operator of CarTrade.com and Carwale.com websites, has agreed to buy Shriram Group’s unit that ......

Premium
Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment

Finance

21 December, 2017

Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment

Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......

IDFC, Shriram Group end merger talks over valuation differences

Finance

30 October, 2017

IDFC, Shriram Group end merger talks over valuation differences

Financial services conglomerates IDFC Group and Shriram Group have called off negotiations for a proposed merger of some businesses and ......

Ruias, VTB Capital tie up for Essar Steel bid; IDFC-Shriram merger in limbo

General

27 October, 2017

Ruias, VTB Capital tie up for Essar Steel bid; IDFC-Shriram merger in limbo

Essar Steel promoters, the Ruia Group, have tied up with Russian investment bank VTB Capital to retain control of the ......

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IDFC Alternatives may see management buyout

Finance

26 October, 2017

IDFC Alternatives may see management buyout

Financial services firm IDFC Ltd is looking to sell its alternative investment business housed under IDFC Alternatives Ltd, two people ......

IDFC-Shriram merger faces investor concerns; Hindalco eyes Aleris Corp

General

16 October, 2017

IDFC-Shriram merger faces investor concerns; Hindalco eyes Aleris Corp

IDFC Ltd is facing resistance from a group of domestic investors on the proposed merger with Shriram Group entities, The ......

Shriram, IDFC extend exclusivity period on proposed merger

Finance

05 October, 2017

Shriram, IDFC extend exclusivity period on proposed merger

Financial services conglomerates Shriram Group and IDFC Group have extended their 90-day confidentiality and exclusivity agreement for a potential merger ......

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Shriram Properties set to raise funds for residential projects

Infrastructure

30 August, 2017

Shriram Properties set to raise funds for residential projects

Bengaluru developer Shriram Properties Pvt. Ltd is in an advanced stage of discussions with a Mumbai-based financial services group to ......

Company watch: Is TPG-backed Vishal Mega Mart ready to script a turnaround?

Consumer

31 July, 2017

Company watch: Is TPG-backed Vishal Mega Mart ready to script a turnaround?

In 2010, Vishal Retail Ltd was a beleaguered entity. Burdened by debt of Rs 766 crore, the Ram Chandra Agrawal-promoted ......