AnirudhLaskar
Stories by AnirudhLaskar
India: Amazon urges Sebi to consider SG arbitrator’s stay order on RIL-Future deal
The RIL-Future deal is subject to regulatory approvals from Sebi, exchanges, CCI and other authorities.
India: Tata group eyes majority stake in online grocer BigBasket
If the talks are successful, Tata group could pay around $500-700 million in cash to a clutch of financial investors.
India: Blackstone in advanced talks to buy L&T AMC
If the L&T AMC deal is completed, it will add mutual funds to Blackstone’s India buyout portfolio.
India: Carlyle completes acquisition of 20% stake in Piramal Pharma
The US-based private equity giant has acquired the aforesaid stake for $479 million.
Walmart looks to join hands with Tata group in retail push
Walmart investment could touch $20-25 billion eventually for a large stake in Tata's proposed super app.
India: Life insurer LIC to pare IDBI Bank holding in tranches
In Jan 2019, LIC bought 44 per cent stake in IDBI Bank for Rs 21,624 crore, raising its stake in the bank to 51 per cent.
Carlyle said to be eyeing a $2b stake in Reliance’s retail arm
If finalised, the deal will mark Carlyle’s first investment in Indian retail and its biggest in an Indian firm.
India: Capital International buys Analjit Singh’s 4.6% stake in Max Healthcare
The sale proceeds will primarily be used by Singh to pay off the debts that he owes in his personal capacity to various lenders.
Indian telco Vodafone Idea’s fundraising to drive down promoter holding
The cash-strapped firm has tapped several PE investors including Blackstone and Apollo Global.
India: Sachin Bansal to acquire Kishore Biyani’s Future Generali Life Insurance
Investment bank UBS is advising Future Group on the deal.