Pooja Sarkar
Stories by Pooja Sarkar
India: Sumitomo Mitsui looking to sell half its stake in Kotak Mahindra Bank for $300m
As of 31 December, Sumitomo held a 3.58% stake in the private-sector lender, data from stock exchanges show.
India: PE major Warburg Pincus plans to list Lemon Tree Hotels, Laurus Labs
These IPOs are being planned at a time when Warburg has increased its focus on exiting several of its investments.
India: RBI allows banks more time to exit assets under strategic debt rejig scheme
In June 2015, RBI introduced the SDR rules, which allowed banks to convert loans into majority equity, and find a new buyer for the company over a per
India: As valuations take a hit, bankers pitch buyback idea to promoters of cash-rich firms
12 buyback offers worth Rs 1,418 cr were recorded between 1 April, 2015 and 31 January, 2016.
India: UltraTech’s $787m deal to buy Jaypee cement assets runs into regulatory hurdle
The UltraTech-Jaiprakash deal, is the second large transaction in the cement industry to have come unstuck in February because of regulatory hurdles.
India: PE/VC fund managers cheer move to allow pension funds to invest in AIFs
The move is expected to increase the sources of funds that alternative investment managers, such as PE and VC managers, can tap and will bring India i
India: Shapoorji in talks with promoters, PE investors for 51% stake in Karaikal port
If concluded, the transaction would be among the largest in the ports sector which has been battling a drop in outbound and inbound shipments and woul
