Page 46 - Dev Chatterjee

Mumbai's power woes to end with new transmission line set for commissioning

With an investment of Rs 8,900 cr, Mumbai's electricity supply to get a boost with new transmission lines

Ambuja acquisition could be LIC's windfall; acquirer to make open offer

LIC owns 6.3 per cent stake worth Rs 4,602 crore in Ambuja Cements and 5.66 per cent stake worth Rs 2,445 crore in ACC

Real estate, auto companies to bear the brunt of interest rate hikes

Niranjan Hiranandani, managing director of Hiranandani Group, said the RBI had to ensure that inflationary pressure on the individual did not get exacerbated by higher rates on home loans

L&T Finance to divest real estate, infrastructure books to reduce leverage

The real estate book of L&T Finance is worth Rs 11,210 crore and infrastructure finance is worth 30,521 crore as on March this year

Adani, JSW groups submit non-binding bids to acquire Ambuja Cements

Holcim intends to close the transaction early

Holcim likely to seek exemption under India-Mauritius tax agreement

The India-Mauritius treaty was designed to attract foreign investments in the early 1990s when India's foreign exchange reserves were alarmingly low

Bodhi Tree to invest Rs 4,500cr in ALLEN, build biggest Indian test-prep co

Deal likely to close in three months

Apollo Global Management may lend $1 bn to JSW for Ambuja Cements buy

The group is in talks with several sovereign funds based in west Asia to acquire Ambuja Cements

Blockbuster M&As keep India's deal street buzzing despite market volatility

With deals crossing $105 bn in the first 4 months, experts believe 2022 could be a record year for M&As

Damani eyes partners for Ambuja Cements buy; may invest up to Rs 10,000 cr

May monetise Avenue Supermarts stake to raise funds

Chandra re-appointment: Mistrys abstain from voting at Tata Sons EGM

The majority of Tata Sons shareholders vote for directors' appointment

Indian lenders worried over Future group's diminishing asset base

Future group shares crash as bankruptcy looms, putting entire shareholders' wealth at risk

Air India takes Rs 60,800 cr cover for its fleet, paid Rs 266 cr premium

Under new policy, Air India can't fly in Russia, Ukrainian airspace due to war

Future group shareholders stare at possible wipeout of investments

Secured lenders get top priority in any potential recovery; Biyani stake fell across group companies as lenders seized pledged shares

RIL's massive cash chest to help take on PE suitors for Boots retail chain

Has already acquired online medicine seller NetMeds in India; Boots deal will help it launch NetMeds overseas, bring offline retail chain to India, say analysts

Tata Consultancy Services remains the prime cash cow for Tata Sons

Tata Sons has also taken shareholder approval to raise Rs 40,000 crore of debt

Ukraine war fallout: Nayara to pay higher interest after NCD downgrade

Lower rating by Care follows concerns over Rosneft's support to the Indian company after Russia invaded Ukraine and western countries imposed sanctions on the Russian entities

Ambuja Cements-ACC deal likely to propel buyer to No. 2 position

The open offer for ACC will cost the acquirer Rs 10,800 crore, or $1.42 billion

Credit Suisse and Axis Bank move NCLT against RCap, Administrator

The lenders want recognition as firm's financial creditors, and inclusion in CoC as part of RCap's corporate insolvency resolution proceedings. Administrator has admitted claims worth Rs 23,666 cr

Reliance Cap lenders to ask bidders to make all cash bids, form consortium

An industry source says the Administrator appointed by RBI was not supporting all cash bids but CoC insisted on all cash offers from bidders