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Blackstone sells 23% stake in Essel Propack in block deal worth $252 mn

Mumbai, Sept. 18 -- The world's biggest alternative asset manager Blackstone on Friday sold a large chunk of shares, representing almost a quarter of the total shareholding, in packaging firm Essel Pr... Read More


Blackstone to sell Essel Propack shares worth $251 mn

Mumbai, Sept. 17 -- The world's biggest alternative asset manager Blackstone is looking to sell a large chunk of its shareholding in packaging firm Essel Propack Ltd through block trades, which could ... Read More


Shapoorji Pallonji Group falters again on repayments to Sterling & Wilson Solar

MUMBAI, Sept. 16 -- The Shapoorji Pallonji group has told group company Sterling & Wilson Solar Ltd (SWSL) that it is unable to repay pending dues to the tune of over Rs.1,000 crore that were due in J... Read More


Route Mobile IPO subscribed 4.21 times on day 2

Mumbai, Sept. 10 -- The Rs.600 crore IPO by Route Mobile was subscribed 4.21 times on Thursday, the second day of the public offering, led by strong interest from retail investors. As per stock excha... Read More


Speciality chemicals firms eye fundraise

New Delhi, Sept. 10 -- The specialty chemicals sector is seeing a fundraising frenzy as several companies look to tap investor exuberance following the success of the initial public offering (IPO) of ... Read More


Silver Lake bets big on India story

Mumbai, Sept. 10 -- A flurry of mega deals could see American technology investor Silver Lake upstage Japan's SoftBank as the most prolific technology investor in India, said industry experts. Silver... Read More


Silver Lake bets big on India story

Mumbai, Sept. 10 -- A flurry of mega deals could see US technology investor Silver Lake upstage Japan's SoftBank as the most prolific technology investor in India, said industry experts. Silver Lake h... Read More


Cube raises Rs 3,500 cr to buy NHAI toll roads

New Delhi, Sept. 9 -- Cube Highways and Infrastructure on Tuesday announced an agreement with State Bank of India (SBI) for a Rs.3,500 crore term loan facility to purchase the third bundle of road ass... Read More


Cube Highways raises Rs.3,500 cr from SBI to acquire NHAI toll roads

MUMBAI, Sept. 8 -- Cube Highways and Infrastructure, the biggest buyer of road assets in India, on Tuesday said it has entered into a financing agreement with State Bank of India (SBI) for availing a ... Read More


SHARE BUYBACKS IN TATTERS AMID MARKETS REVIVAL

mumbai, Sept. 7 -- share buybacks launched during the depths of the March-April market crash are lying in tatters as the stock markets roared ahead soon after, driving prices beyond what the companies... Read More