COMPANIES IN NEWS
-
Lockdown to slow stressed asset deals in India, says Vedanta’s M&A head
The world’s most expansive lockdown to contain the coronavirus could slow the pace of distressed dealmaking in India, according to…
Read More » -
Govt seeks USD 520 mn from Cairn Oil & Gas; co slaps arbitration notice
The government has slapped a USD 520 million (around Rs 3,941 crore) demand notice on billionaire Anil Agarwal's oil and…
Read More » -
IL&FS invites EoI to sell its 26 per cent stake in OTPC
Moving ahead with its asset monetisation process IL&FS has invited expressions of interest (EoI) to divest the 26 per cent…
Read More » -
Vedanta’s debt-financed acquisition will increase leverage: Moody’s
Vedanta Resources' proposed debt finance acquisition of Vedanta Limited, if successful, will provide the company better access to future cash…
Read More » -
Piramal in talks to sell $300 million renewable loans to Brookfield
Piramal Enterprises is in talks to sell $300 million (₹2,200 crore) of loans advanced to three renewable energy companies to…
Read More » -
Siemens says parent transfers 24 per cent stake in company to energy subsidiary
Siemens India’s promoter group rejigged its holding in the company as the German parent Siemens AG transferred 24% stake in…
Read More » -
Vedanta’s oil and gas head Ajay Dixit quits
Billionaire Anil Agarwal-led Vedanta Ltd's oil and gas division Cairn CEO Ajay Dixit has decided to hang up his boots…
Read More » -
KKR, Actis Vie for 400-MW solar assets of Azure Power; ₹1,600cr deal size likely
KKR, Actis, Edelweiss Infrastructure and Ayana Renewable Power are in early talks to acquire about 400 megawatt solar energy projects…
Read More » -
‘New Reliance for a New India’
"New Reliance for a New India" is the pitch for Reliance Industries Ltd (RIL) in a corporate presentation sent to…
Read More » -
‘Vedanta offer price not attractive enough’
The gap between the delisting offer price and expectations of Vedanta’s minority shareholders could be significant, with several analysts and…
Read More »