Page 4 - Abhineet Kumar

Merger will give capital to high-growth biz: Kumar Mangalam Birla

Interview with Chairman, Aditya Birla group

PE funds set to make three-times return

Now, there are 17 PE funds backing the regional bank, reflecting one of the highest numbers of PE funds staying invested in a firm going for an IPO

RBL to raise Rs 832 crore in fresh issue through IPO

The bank has already raised Rs 488 crore through a pre-IPO placement

Reliance Industries prefers using debt to cash for capex

On a large scale, as shown by its highest-ever spending on this in FY16 going along with a surge in cash balances, making investors restive

Singapore aid sought in coal import case

SBI expressed inability to reveal details without clients' permission

Docomo ups the ante against Tata Sons

Tata Sons deposits $1.17 bn with court

Tata group revenue falls 4.6% to $103 bn

Revenue fall due to global political uncertainty, reduction in commodity prices and volatility in currencies, says Chairman Cyrus Mistry

Shanghai Fosun seals Gland Pharma deal

Chinese firm buys Hyderabad-based injectables maker at $1.46 bn valuation; promoter family retains 10%; KKR exit earns it threefold return in 30 months

PE realty funds flock to residential projects

For second year in a row, funds continue to invest more in residential assets over commercial spaces

Shanghai Fosun to buy Gland Pharma for $1.4 bn

Rare deal of a Chinese drug firm buying an Indian company likely this week

CDC invests Rs 1,000 crore in India Infoline Finance

CDC would be holding 15% equity in the NBFC

JSW Energy to buy Jaiprakash Power's Bina unit for Rs 2,700 cr

The deal is part of JSW's plan to achieve power generation capacity of 10,000 Mw by 2020

Motilal former i-bank head charts new path

Starts boutique M&A advisory and fund management business

Brookfield may invest in govt-backed infra fund

Canadian firm raises $14-billion global fund for infrastructure assets

Temasek plans to invest in Indian real estate

Singapore-based investment firm with $9-billion Indian portfolio looks for new asset class

Nirma cements $1.4-bn Lafarge India buyout

Ahmedabad-based firm to fund deal through equal amount of equity and debt

Piramal, Nirma in last lap for Lafarge

Foreign bidders, including Mexico's Cemex and China's Anhui Conch Cement Company, are believed to have stepped out of the race

Lafarge India bidders in London for final negotiation

Bids are in the range of Rs 8,000-9,000 crore; however, price not to be sole criterion for selecting winner

PE exits set to see new record through IPOs this year

The first six months of the year saw PE investors exiting stakes worth Rs 2,993 cr across six IPOs, as per Prime Database

UltraTech, Jaypee revise cement deal to Rs 16,200 crore

The March deal revision had excluded the 1.2-million tonne plant in Karnataka