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Varde, Arena among 3 in race for stressed Srei group firms

Finance

29 July, 2022

Varde, Arena among 3 in race for stressed Srei group firms

Arena Investors and Varde Partners are among the three resolution applicants shortlisted to buy out stressed Srei Group companies, including ......

After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy

Finance

04 October, 2021

After DHFL, central bank set to drag Srei group's two financial arms to bankruptcy

After Dewan Housing Finance Corporation Ltd (DHFL), the Indian banking regulator is set to push two other non-bank lenders - ......

Srei Equipment Finance attracts attention of two global PE funds

Finance

09 April, 2021

Srei Equipment Finance attracts attention of two global PE funds

Srei Equipment Finance has received expressions of interest for up to $250 million (Rs 1,867 crore) infusion from US-based Arena ......

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

General

05 February, 2018

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

Private equity giant Blackstone, drugmakers Strides Shasun and Nectar Lifesciences are ahead in the race to acquire debt-laden Orchid Pharma, ......

Vedanta bids for Electrosteel Steels; KKR-backed Radiant eyes Max Healthcare

General

09 January, 2018

Vedanta bids for Electrosteel Steels; KKR-backed Radiant eyes Max Healthcare

Mining billionaire Anil Agarwal’s Vedanta Group is leading the race to buy debt-ridden Electrosteel Steels Ltd, The Economic Times reported ......

Srei Infra to offer shares in equipment finance arm's proposed IPO

Infrastructure

28 November, 2017

Srei Infra to offer shares in equipment finance arm's proposed IPO

Kolkata-based Srei Infrastructure Finance Ltd will sell 4.38 million shares in the proposed initial public offering (IPO) of its subsidiary ......

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Former L&T group execs floating infrastructure private equity fund

Finance

03 October, 2017

Former L&T group execs floating infrastructure private equity fund

Two former senior executives of L&T group companies are set to float a large infrastructure-focussed private equity fund.Suneet Maheshwari, who ......