PromitMukherjee
Stories by PromitMukherjee
Manipal-TPG combine raises bid for India’s Fortis, outlines cash injection plan
Manipal said its offer values Fortis at 83.58 billion rupees ($1.25 billion). In its previous offer, Manipal had offered to buy Fortis' hospitals for
PE firm Actis close to acquiring solar power portfolio from India’s Shapoorji Pallonji
The acquisition will be done at an equity valuation of around $168 million.
India: UltraTech claims select Binani creditors back its $1.1b bid
UltraTech's move will be a test case for India's fledgling bankruptcy process, which typically does not allow talks between a firm that is being pursu
India: Japan’s JFE, JSW to jointly bid for assets of insolvent Bhushan Steel
The bid, if successful, will give JFE a bigger foothold in the fast-growing Indian market.
Saudi Aramco eyes JV deal in India by next year: CEO
Aramco is interested in investing in India's downstream sector - refining, petrochemicals and fuel retailing.
India looks to sell up to 25% stake in four defence companies via IPO
The government has invited proposals for the IPO by 3 p.m. on Aug. 18.
Indian Oil, Gail to take 49% stake in Adani LNG terminal in Odisha
IOC had last year signed up to use 60% of the terminal capacity for importing gas for its refineries at Haldia in West Bengal and Paradip in Odisha.
