With diverse businesses spanning manufacturing and services, the combined company provides a play on India’s growth story.
Two-step recast may involve merger of Grasim and parts of AB Nuvo, followed by hiving-off of Nuvo’s finance services business into separate firm.
India Inc's most trusted confidante Nimesh Kampani to step down as the chairman and MD of JM Financial
His retirement will formally mark the exit of a generation of old school investment bankers known for their old world courtesy, trust, a sharp mind.
Reliance is among the largest concessionaires of National Highways Authority of India (NHAI) with concession periods ranging from 18-30 years.
It also plans to highlight the larger impact this is having on business sentiment towards India, as latter woos investment from one of its allies in Asia.
Yes Bank negotiating Rs 4,000-crore credit line for Nirma-Lafarge deal; Credit Suisse, Barclays offer loans too
Yes Bank has offered a Rs 4,000-4,500 crore credit line to Nirma through a combination of loans and bonds for a 10-year period at an aggressive 9.5-10 per cent rate.
Minority shareholders of Max Financial Services will have to approve fee to be paid by HDFC Life to MFS promoters.
In the last six years, Brookfield India has managed to break clutter and establish themselves as an owner and operator of high profile, chunky assets and complex businesses.
The firm's net portfolio value fell to Singapore $242 billion for the financial year ended March 31, down from Singapore $266 billion a year ago.
It out smarted bigger rivals and savvier deal-makers like Ajay Piramal and Sajjan Jindal’s JSW Cement to bag Lafarge Cement for $1.4 billion.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon