“The fund closed with total capital commitments of more than $2 billion, exceeding the $1.5 billion target. Bain Capital Special Situations...

Bain-Arcil's joint offer of Rs 193 crore triggers a Swiss auction. Phoenix ARC and ACRE also in the fray to acquire the portfolio.

IndiaRF had earlier raised $100 million from the International Finance Corporation.

Dalmia Group was founded in 1935 by Jaidayal Dalmia and its cement division was established in 1939.

The rest will be raised from other long-term investors.

The consortium had backed JSW to bid for Bhushan Steel. Finally, Tata Steel took over Bhushan Steel by settling about Rs 35,200 crore of th...

To look after the investments, Bain is setting up a dedicated India team and started the hiring process, said one of the persons cited abov...

Benchmark BSE Sensex came down 160 points, or 0.47 per cent, to 34,186.

The company has an initial pipeline of Rs 3,000 crore of equity proposals, with transactions across major metros under active consideration...

Vijaykumar Iyer, partner at Deloitte Touche Tohmatsu India Llp, was appointed the interim resolution professional for Binani Cement.

There are 16 lenders to GTL Infra - including SBI, IDBI, United Bank of India and Dena Bank - and they are expecting Rs 10,000 crore from t...

Jindal has a proven track record of turning around stressed businesses. He had earlier acquired Ispat Steel and Southern Iron & Steel Compa...

"Piramal Realty Pvt Ltd. is considering affordable housing projects, while the listed Piramal Enterprises is awaiting a license to offer lo...

At the Dasra Philanthropy Day, noted India Inc bosses talked about inspiring stories of giving.

Amit Chandra serves as a Trustee on several Tata Trusts and is a Member of the Board of Directors of Genpact, L&T Finance, Tata Investment ...

The platform will invest capital directly into businesses and/or acquire debt of such businesses to drive sensible restructurings, Piramal ...

Mexico’s Cemex and China’s Anhui Conch Cement Company, the largest cement makers in the Americas and Mainland China, respectively, have not...