AmrithaPillay
Stories by AmrithaPillay
Tata Steel to begin sale process of UK assets by Monday
Britain’s business secretary Sajid Javid meets Cyrus Mistry in India, says UK govt will do all it can to help secure a serious buyer
GIC, Temasek, Blackstone, Barings Asia PE, others vie for LafargeHolcim India cement units
Strategic investors Shree Cement Ltd, JSW Cement Ltd and Irish cement maker CRH Plc have also expressed interest in acquiring the Indian assets of Laf
India: Uttam Galva Steels hires SBI Caps to look for new investor prior to debt recast
The company does not expect ArcelorMittal, which already owns 29.05% in the company, or Posco—which has agreed to invest in two private firms of the
India: UltraTech buys Jaypee Group’s cement assets in revised $2.4b deal
The final price has been revised as Jaiprakash’s Karnataka cement assets have been dropped from the deal.
India: JSW Energy in talks to buy three power assets
The three deals together will add 2,591 megawatts (MW) of power generation capacity to JSW, making it the third largest private producer in India, dis
Jindal Steel to form JVs in steel, sell power assets in India to pare debt
JSPL consolidated debt is over Rs.42,534.04 crore, as of 30 September 2015. To reduce this, the company will join a number of other infrastructure fir
Aion Capital in race for LafargeHolcim’s cement assets in India
In February, LafargeHolcim announced its plans to sell its entire cement portfolio held under Lafarge India in its bid to comply with anti-trust regul
India: UltraTech Cement aborts deal with Jaiprakash Associates for Madhya Pradesh assets
For the Jaypee group, the inability to close the deal with UltraTech Cement will mean a delay in its asset monetization plans
