Deborshi Chaki
Stories by Deborshi Chaki
Kotak Mahindra to tap existing foreign investors for fresh funding
CPPIB and CDPQ hold stakes of 6.03% and 1.15%, respectively, while Singapore’s GIC owns 1.36%.
India: Hinduja eyes tie-up with Cerberus Capital to invest in Yes Bank
Hindujas currently own a stake in another private lender, IndusInd Bank.
India unveils InvIT road map for national highways
The InvIT is part of govt plans to tap alternative funding sources to boost public spending in the roads sector.
India: Essar verdict may drive more investments into distressed assets space
The SC recent verdict on Essar Steel’s insolvency resolution process upheld the primacy of secured creditors.
Indian private lender ICICI Bank seeks to raise $2.8b via QIP
ICICI Bank has approached at least 10 investment banks on the proposed capital raising.
Bahrain’s Investcorp aims to expand India assets to $1.5b in five years
Investcorp entered the Indian market in January through the acquisition of the private equity and real estate investment businesses of IDFC Alternati
Russia’s VTB in talks to sell 10.71% stake in Zee Entertainment
If the deal goes through, it may threaten promoter Subhash Chandra’s control over the company he founded.
Troubled realty-focused lender Altico Capital seeks to raise $280m
Altico’s troubles started when it missed an interest payment to Dubai-based Mashreq Bank on 12 September.
Goldman Sachs, PremjiInvest look to invest in PNB unit
Two of its existing shareholders, General Atlantic and Carlyle, will also infuse funds into the mortgage lender.
Café Coffee Day sale plan on hold, promoters to explore new options to raise funds
To pare debt, the promoters are also exploring the possibility of inducting an investor in holding company Coffee Day Enterprises.
