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Green energy O&M firm Renom gets $100 mn tag as it gets a buyer

Infrastructure

07 August, 2024

Green energy O&M firm Renom gets $100 mn tag as it gets a buyer

Renom Energy Services Pvt Ltd, a renewable energy operations and maintenance (O&M) company, is getting a new owner through a ......

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Grapevine: ChrysCapital eyeing pharma sector buy; Euler Motors may sell mobility vertical

General

02 August, 2023

Grapevine: ChrysCapital eyeing pharma sector buy; Euler Motors may sell mobility vertical

Homegrown private equity firm ChrysCapital, which has backed many publicly listed companies such as Infosys and HCL Technologies in the ......

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Is the wind now blowing in favour of Suzlon Energy?

Infrastructure

23 February, 2023

Is the wind now blowing in favour of Suzlon Energy?

On October 1 last year Tulsi Tanti, the founder of wind turbine maker Suzlon Energy Ltd died following a cardiac ......

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As RIL's net debt turns zero, a look at companies carrying heavy loan burden

Finance

16 July, 2020

As RIL's net debt turns zero, a look at companies carrying heavy loan burden

India Inc.’s gargantuan debt problem is unlikely to be solved anytime soon as almost a fifth of the 500 most ......

Suzlon Energy gets lenders' nod for debt resolution plan

Manufacturing

30 March, 2020

Suzlon Energy gets lenders' nod for debt resolution plan

Suzlon Energy Ltd, which last year disclosed a default of more than $1 billion, has received approval from its lenders ......

Suzlon to recast debt, get fresh capital from Tulsi Tanti and Sun Pharma promoters

Manufacturing

28 February, 2020

Suzlon to recast debt, get fresh capital from Tulsi Tanti and Sun Pharma promoters

Suzlon Energy Ltd will restructure its debt, sell assets and raise capital from its founder and other shareholders, as the ......

Grapevine: NIIF, I Squared platform eye road assets; IIFL Wealth circles L&T unit

General

07 August, 2019

Grapevine: NIIF, I Squared platform eye road assets; IIFL Wealth circles L&T unit

Singapore-based infrastructure investment platform Cube Highways and Infrastructure is looking to acquire Ircon Soma Tollway Pvt. Ltd, a joint venture ......

Grapevine: Brookfield faces roadblock to Suzlon; Sachin Bansal invests in Kissht

General

24 July, 2019

Grapevine: Brookfield faces roadblock to Suzlon; Sachin Bansal invests in Kissht

Brookfield Asset Management Inc.’s plan to acquire Suzlon Energy Ltd has hit a roadblock as the Canadian investor has asked ......

Suzlon Energy defaults again, says working on debt resolution

Infrastructure

17 July, 2019

Suzlon Energy defaults again, says working on debt resolution

Wind-turbine maker Suzlon Energy Ltd has defaulted on the payment of foreign currency convertible bonds (FCCBs) worth $172 million (Rs ......

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

General

11 July, 2019

Grapevine: InterGlobe looks to buy Burger King India; Shunwei may bet on Yulu

Rahul Bhatia-controlled InterGlobe group is in the final stage of talks to acquire the India franchise of fast-food restaurant chain ......