Tanya Thomas
Stories by Tanya Thomas
India: Hero Future close to acquiring solar power assets of Waaree Energies
Waaree’s solar plants have been on the block for nearly a year. ReNew Power, India’s largest developer by capacity, has evaluated them for an acqu
PE firm Actis to buy Essel Infraprojects’ solar power projects
Essel Infra, part of media mogul Subhash Chandra’s Essel Group, put its solar assets on the block in early 2018.
Investment bankers reach out to potential buyers for IL&FS assets
Bankers are said to have approached Macquarie and Brookfield for the sale of IL&FS' road assets.
Liberty House seeks to resolve pending issues to close Amtek, Adhunik deals
Liberty House, which won bids to buy out stressed assets of Adhunik Metaliks and Amtek Auto, missed the deadline to make creditor payments.
UltraTech’s revised bid for Binani Cement gets NCLAT approval
UltraTech’s revised proposal was an improvement from the Rs 7,200 crore offer it made just after the deadline for bidding ended.
Macquarie looks to buy Canadian Solar’s India business
The last big deal in the renewable energy sector was in April when ReNew Power announced its plan to buy Ostro Energy for ₹10,800 crore.
ArcelorMittal faces hurdle as StanChart files caveat in Essar Steel case
Standard Chartered Bank has approached the dedicated bankruptcy court by filing caveat petition in the Essar Steel insolvency case as dissenting finan
JSW Steel plans $682m rights issue to fund Bhushan Power acquisition
JSW Steel has submitted a bid of Rs 19,700 crore for the Bhushan Power and Steel asset, which is the highest of the three submitted.
ArcelorMittal sweetens bid for Essar Steel with more equity
The move raises ArcelorMittal’s total bid for Essar Steel to ₹50,000 crore ($6.8 billion).
KKR mulls buying out road assets of Indian shadow lender IL&FS
For its India infrastructure business, KKR has hired Hardik Shah from investment management firm Brookfield Asset Management, where he was responsible
