Pooja Sarkar
Stories by Pooja Sarkar
India: Boutique i-bank o3 Capital raising $150m fund focused on hospitality
“The idea is to raise a $120-150 million fund that will be investing in hospitality businesses, largely acting as last-mile funding. We will be spec
Edelweiss plans to set up stressed asset fund with corpus of up to $1b
The fund expects to stay invested for six to eight years in each company it will put money in, given the significant amount of time it takes to turn a
India Infoline Finance raises $148m from UK govt-backed CDC Group
CDC’s investment will help the IIFL Group expand its financing business.
India: SBI, Brookfield to launch stressed asset management fund
The two have proposed to launch a joint venture (JV) where Brookfield will commit approximately Rs.7,000 crore and SBI will put in up to 5% of the tot
India: JM Financial looking to raise $300m distressed asset fund
JM Financial has been acquiring bad loans through its ARC; one of its biggest purchases was in July 2014 when it acquired the loans owed by Hotel Leel
India: Are leveraged buyouts on the rise?
More than eight out of every 10 leveraged buyouts (LBO) that happened in post-liberalization India took place after 2007.
Singapore’s Temasek open to invest in Indian distressed assets
“If there is a business that could be a non-performing asset hypothetically, which is outsourced by a bank to an asset reconstruction and that neede
Indian oil PSUs to raise $2b debt to fund stake purchase in Russian fields
Indian Oil Corporation Ltd (IOC), Oil India Ltd and Bharat Petro Resources Ltd (BPRL), a unit of Bharat Petroleum Corporation Ltd (BPCL), are together
JSW Cement, Nirma, Cemex among bidders for Lafarge India assets
Piramal Enterprises Ltd, JSW Cement Ltd, Nirma Ltd, China’s Anhui Conch Cement Co. and Mexico’s Cemex SAB have submitted their bids.
India: ONGC in talks with petrochem firms to sell 25% stake in OPaL
ONGC also plans to sell shares to the public OPaL in a few years from now. Post the stake sale and the listing, ONGC said the envisaged equity structu
