George Smith Alexander
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.
A successful deal could encourage new offerings from India’s cash-starved property firms.
Barclays Plc is considering a return to consumer banking in India.
The carmaker has started initial talks with a PE firm that showed interest in buying a stake in Tata Technologies.
UPL will borrow $3 billion to fund its bid for Bill Ackman-backed Platform Speacialty Products Corp.
Tata Group is considering a proposal to merge its food and beverage businesses into a single company.
Arysta LifeScience could fetch over $4 billion including debt.
Kraft Heinz is considering a sale of children’s milk drink brand Complan in India.
HDFC Bank aims to start taking investor orders within the next couple of weeks.
ICICI Bank’s board is meeting today to decide on the future of Chief Executive Officer Chanda Kochhar, sources said.
Carlsberg A/S is planning a local initial public offering of its Indian business.
Warburg to Back Ex-Genpact Executives With $1 Billion for Deals
Sunil Mittal looks to pump over $1 billion into a hotel chain founded by his son-in-law in London.
Tata Steel is preparing a $1.7 billion loan to help fund its purchase of assets from Bhushan Steel.
Blackstone Group LP raised about $220 million paring its stake in Indian IT services firm Mphasis Ltd.
Airtel will use cash from listing of Africa unit, sale of tower stake.
TPG-Backed Company Revises Bid for India's No. 2 Hospital Chain