Tanya Thomas
Stories by Tanya Thomas
India: JSW Energy terminates plan to acquire Ind-Bharat
JSW had offered $133.3 million for the Ind-Bharat assets.
India: IL&FS to launch its infrastructure investment trust soon
IL&FS has got the approval from its committee of creditors for its InvIT.
India: Welspun One Logistics Parks launches warehousing AIF
The investment thesis of the fund is to acquire land parcels in high demand, pre-identified markets, and develop Grade-A warehousing parks.
Allianz Global Investors injects $27m in India’s Sterlite Power
This transaction is one of the first infrastructure sector financing deals for Allianz GI in India.
Indian miner Vedanta in talks with banks to raise $8b for BPCL bid
Mining conglomerate in talks with banks to tie up funds.
India: NCLT okays Jio’s resolution plan for Reliance Infratel
The total consideration under this resolution plan of Rs20,000-23,000 crore will be paid over seven years.
India: Modern Steels in talks with Asian PE firm ADV for a slump sale
The transaction is expected to be worth Rs 120-130 crore and is likely to close this month.
Grasim Industries sells Indian fertilizer business to Singapore’s Indorama Corp
Indorama India will take control of Indo Gulf Fertilisers.
India: Vedanta explores options to raise funds after delisting plan fails
Vedanta’s voluntary delisting bid failed after it could not get the minimum number of bids required from its minority shareholders.
