Pooja Sarkar
Stories by Pooja Sarkar
India: Market regulator keeps RBL Bank IPO on hold due to past violations
RBL Bank applied to the Securities and Exchange Board of India (Sebi) on 25 June 2015, seeking to raise Rs.1,100 crore through an IPO. The lender is y
India: Birla Corp to buy Reliance Infra’s cement assets
Birla Corp’s unexpected bid for Reliance Cement came barely three months after Birla agreed to buy Lafarge’s 5.15 mtpa capacity for Rs5,000 crore
India’s Beer Cafe looking to raise nearly $40m from PE funds
The company has hired investment bank Avendus Capital to help raise the funds. This would be the third round of fund-raising for the chain, and comes
India: Reliance Broadcast in talks to sell Big FM stake
Reliance Broadcast Network, an arm of billionaire Anil Ambani’s Reliance Group, is in talks with PE firms to sell a stake in its 92.7 Big FM radio n
India: Electrosteel lenders shortlist Tata Steel, UK’s First International for majority stake sale
If the deal closes, Electrosteel Steels would be the first case where banks have been able to sell an asset where SDR norms were invoked by banks.
India: Healthcare focussed PE fund Quadria to pick 20% in Concord Biotech
Private equity fund set to pump in Rs.500 crore for a 20% stake in biotech firm; deal likely to close by month-end
India: Lemon Tree Hotels plans IPO in next 18 months
The company, backed by Dutch pension fund APG and global PE fund Warburg Pincus is yet to finalise the amount it plans to raise from the primary marke
India: PE firm Everstone Capital in talks to invest $60m in pharmacy delivery startup Dial Health
Dial Health provides drug delivery services to consumers, manages pharmacies in hospitals and also runs pharmacy stores in Mumbai. Everstone is lookin
