George Smith Alexander
KKR’s two Indian credit units may spend as much as $270 million combined to purchase portfolios from local NBFCs.
CK Hutchison Reviewing $1 Billion Italy Tower Portfolio
KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group.
Japanese subsidiaries of Lupin produce treatments in therapeutic areas including psychiatry and neurology.
Shadow Banker in India Rushes to Sell Assets as Defaults Pile Up
Blackstone and Embassy Group plan are considering marketing the deal with a total return of about 14 percent to 16 percent.
Meeting will be hosted in New Delhi by Power Finance Corp., a state-owned firm that lends to the country’s electricity generators.
StanChart Restructures Sector Coverage as Anantharaman Retires
ArcelorMittal Boosts Essar Steel Bid to $5.8 Billion
India’s technology industry will see more billion-dollar acquisitions as the next big battleground for foreign Internet companies
The biggest M&A boom in Indian history has investment bankers preparing for even more dealmaking to come.
RBI’s 180-day deadline to restructure an estimated Rs 3.6 trillion of stressed loans may push more companies into bankruptcy.
Lenders work to resolve loans under central bank’s new rules.
Adani Power is said will take over about Rs 3,800 crore loans out of a total of Rs 5,800 crore that GMR Chhattisgarh owes.
Glaxo Heads for Record in India Ahead of Consumer Business Sale
Glaxo Seeks Bids Mid-September for $4 Billion India Sale
Blackstone in Talks for Stake in Jet Airways Loyalty Arm
Rising jet fuel prices have eroded cash and inflated its total debt to 55.4 times earnings before interest and tax as of March.
Tata Group and Dabur India Ltd among suitors selected for the second round of bidding.
The department of telecommunications has raised similar demands for nearly all the deals underway in India’s wireless sector.
Indian companies have been involved in deals worth a record $97.6 billion this year.