Royal Dutch Shell in race for Actis' green company Sprng EnergyShell will be competing with Australian infrastructure fund Macquarie and Canadian pension fund CPP Investment Board for the potential bill...
PE firm Actis hires BoA to steer $2.75 billion sale of renewable platform Sprng EnergyFeelers have been sent to Canadian funds including Brookfield and CPPIB as well as Indian conglomerate Adani Group for the buyout.
Enforcement Directorate launches Separate Money Laundering ProbePeople with direct knowledge of the matter said the ED had launched the probe under the Prevention of Money Laundering Act, 2002. They said...
Tata Digital buys 64% stake in BigBasketChina's Alibaba Group and Actis LLP have now exited the Bengaluru-based company
BigBasket gets first tranche of Tata cash at $2 billion valuationAdditionally, the Tata-Bigbasket deal has received the approval of the board of directors of the online grocery, whose largest shareholders...
Relief for Actis: Delhi HC stays investigation till further ordersThe High Court has also stayed the “operation” of the order of a lower Court which had ordered registration of FIR in the case.
Actis case: Accused move Delhi HC seeking quashing of FIRA co-accused - Supermax Personal Care Pvt Ltd. (SPCPL), an SM Group company - in its petition has said that the order passed “reflects non ...
British equity firm "Actis" & 12 others booked by EOW on charges of cheating & conspiracyThe FIR has been registered a day after a local Court directed the EOW to register an FIR against the British company and its associates.
GIP in talks to buy RattanIndia solar power assets for $300 mn“Due diligence of solar assets by Global Infrastructure Partners(GIP) is over and currently the documentation work is on. The deal is expec...
EverSource to invest up to $150 million in green firm of former Ostro Energy executivesRanjit Gupta and Murali Subramanian, former CEO and COO, respectively, of Actis LLP’s Ostro Energy, will raise about $100-150 million from ...
EverSource to back renewable firm of ex.Ostro Energy executivesEverSource was launched at a time when several renewable power producers were in fundraising mode either by selling minority, or a controll...
Strong response, drop in tariffs at NTPC solar auctionThe NTPC auction saw a total of 11 bidders who between them sought 4000 MW. The response, as well as the fall in tariffs was a welcome chan...
Actis set to buy Bhoruka's renewable energy assetsBhoruka Group, which also has interests in real estate, coal mining, gas and steel, is selling its entire renewable energy portfolio of 321...
NSE seeks market regulator Sebi nod for self listingThe listing of exchanges have been on hold for a long time in India, even as the regulator Sebi had put in place a regulatory framework for...
- Actis Capital LLP to exit Nilgiris Dairy Farm
Almost 6 yrs after purchasing a controlling stake in Nilgiris Dairy Farm, UK-based PE firm Actis Capital LLP plans to exit the southern ret...
- GVK Power & Infra in talks to buy two Australian coal mines; stock down
GVK Power & Infrastructure will pay about $1.5 bn for Hancock's Alpha Coal & Kevin's Corner mines, with the balance to be paid in next few ...
- 'I will create another Moov & DermiCool'
Darshan Patel, the man behind Paras says, moving away from his brands was painful.