Tanvi Mehta
Stories by Tanvi Mehta
Indian carrier Jet Airways defaults on debt payment to banks
Jet and its second-largest shareholder Etihad Airways are in talks with bankers on a rescue deal that may involve the Abu Dhabi-based airline increasi
India: Tata Sons said to be in early talks to buy debt-laden Jet Airways stake
Tata has sought management control of Jet Airways, seeking at least 26% initially and another 26% via an open offer later.
Canadian pension fund CPPIB to amp up India investments
CPPIB has invested nearly C$7 billion ($5.30 billion) in India since entering the market a decade ago.
India: Fortis invites fresh bids from TPG-Manipal, Munjal-Burman, IHH
The invited bidders, should submit their interest by 31 May.
India’s Fortis Healthcare consortium agrees to re-open bidding process
The consortium had offered to invest $266.9 million in the company.
Clouds over Indian hospital chain Fortis keep suitors from making higher bids
All five bids on the table value Fortis within a tight, relatively modest range of $1.2-$1.4 billion.
India’s Hero Enterprise, Burman offer to invest in Fortis Healthcare
The two firms said they were ready to pay 5 billion rupees in cash before any due diligence, and invest the remaining 7.5 billion rupees after the com
