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Warburg Pincus wins a heated race for Shriram Group's housing finance biz

Mumbai, May 13 -- US-based investment giant Warburg Pincus Llc has sealed a close contest among some of world's top private equity players for Shriram Group's housing finance subsidiary, in a deal val... Read More


Bharat Forge patriarch refuses to part family wealth with children of estranged sister

New Delhi, May 7 -- Baba Kalyani, the chairman of Pune-headquartered Kalyani Group, has refused to share any portion of the assets of the Kalyani joint family with the children of his estranged sister... Read More


Mumbai airport to solar panels: Why Adani needs another $1 billion

New Delhi, April 29 -- Adani Enterprises Ltd is in advanced talks with about a dozen investors in the US and Europe to raise as much as $1 billion for its Mumbai airport and solar panel businesses, tw... Read More


Adani Enterprises eyes $1 bn to scale airport, solar

mumbai, April 29 -- Adani Enterprises Ltd is in advanced talks with about a dozen investors in the US and Europe to raise as much as $1 billion for its Mumbai airport and solar panel businesses, two p... Read More


Gautam Adani's Ambuja Cements draws up $9-billion war plan for Ultratech battle

Mumbai, April 22 -- Billionaire Gautam Adani's Ambuja Cements Ltd plans a series of acquisitions and investments as part of a $9-billion quest to overpower Aditya Birla Group's Ultratech Cement Ltd as... Read More


Adani Green Energy set to raise $500 mn

mumbai, April 22 -- Adani Green Energy Ltd is close to raising $400-500 million from at least two Europe-based funds, two people aware of the deal said. Billionaire Gautam Adani's family members and ... Read More


Adani Green to raise $500 million

mumbai, April 22 -- Adani Green Energy Ltd is close to raising $400-500 million from at least two Europe-based funds, two people aware of the deal said. Billionaire Gautam Adani's family members and ... Read More


Vedanta targets $7.5 bn in earnings in 2 years, deleverage group by $3 bn

Mumbai, April 17 -- Billionaire Anil Agarwal on Wednesday said his group's UK-based flagship Vedanta Resources Ltd. will be achieving an annual operating profit of $7.5 billion within the next two yea... Read More


Adani family invests Rs.8,339 cr more in Ambuja Cements; stake rises to 70.3%

New Delhi, April 17 -- The Adani family, led by billionaire businessman Gautam Adani, on Wednesday, said that as the promoters they have infused Rs.8,339 crore into the group's cement subsidiary Ambuj... Read More


Vedanta to raise $470 mn from PFC for energy biz

Mumbai, April 15 -- Vedanta Ltd has entered into an agreement to raise Rs.3,900-4,000 crore ($470 million) from state-run Power Finance Corporation Ltd to ramp up its power-generation capacity, accord... Read More