Pimco, BlackRock to take part in SP Group's $3.5 billion fundraiseThe Shapoorji Pallonji Group's $3.5 billion funding round, the largest private credit transaction in Asia, is set to close early next week,...
Century Joint Developments raises Rs 750 cr from Ares Management at 21% IRRCentury Joint Developments secured ₹750 crore through privately placed NCDs issued to Ares Management, offering a 21% IRR. The funds will r...
Indian energy firm Greenko founders get private loan commitmentsFounders of Greenko Energy Holdings have secured commitments from multiple lenders for an $800 million private credit loan to acquire a 20%...
Record $3.3 billion private debt deal nears for ShapoorjiIndia’s Shapoorji Pallonji Group is in advanced talks with global private credit funds like Cerberus and Varde to raise $3.3 billion in a s...
This 182-page Pentagon report sends shivers down Americans' spine, states China's military build-up largest since 1930s Nazi Germany; here's how PLA could decimate USThe world may be slowly edging towards a World War-II like scenario, as some separate incidents have begun hinting towards the same. China'...
Horns of rhinos implanted with radioactive chips as new measure, but against what?In a bid to reduce poaching of rhinoceros, their horns are now being implanted with state-of-the-art radioactive isotopes so that the chips...
Shapoorji Pallonji Group promoters in talks to refinance Rs 18,000 crore of debtThe debt is held by the Mistry family under Sterling Investment Corp. Pvt Ltd (SICPL), which owns a 9.182% stake in Tata Sons. These bonds ...
Hindujas look to raise up to $1b to finance Reliance Capital acquisitionThe Hinduja family is reportedly exploring raising up to $1bn to fund its acquisition of Reliance Capital, for which it is the preferred bi...
Apollo to hire India credit chief on expectation that debt markets will growApollo is prioritizing joint ventures with partner firms, as it’s done in other markets such as Australia and South Korea, and has built a ...
Acre ARC completes buyout of Nagarjuna Fertilizer debtAcre transferred ₹811 crore to lead lender IDBI Bank a couple of days after Punjab National Bank, the final lender in the seven-bank consor...
Acre ARC's bid uncontested, set to bag Nagarjuna Fertilizers"There was no other bidder so one can now say Ares has won the bid. Banks are still working on internal processes to take approvals to give...
Shapoorji Pallonji firm raises ₹1,375 cr debt to repay group company's borrowingEvangelos Ventures raised ₹625 crore from Ares SSG Capital affiliate and ₹750 crore from Farallon Capital affiliates at an internal rate of...
Reliance Capital's administrator appoints BDO India to conduct transaction audit, RBSA and Duff & Phelps as valuersAt their meeting on Wednesday, lenders also appointed AZB & Partners as the legal advisor and Deloitte Insolvency Professionals as the proc...
Oaktree, Apollo lead giants betting on stressed India assetsSome global heavyweights like Apollo Global Management Inc. and Oaktree Capital Group have either struck recent India deals or scaled up th...
CCS upsets Fortis’ RadLink sale plan to Medi-Rad AssociatesFortis said it will explore other “value unlocking opportunities” for RadLink, a provider of outpatient diagnostic imaging, nuclear medicin...
Avantha owned CG and Arelis enter into an agreement to make electronics componentsUnder MoU which will facilitate technology transfer from Arelis on hybrid microelectronics, CG will be able to indigenously manufacture com...
Venture funds pour in money in online travel companiesVenture capitals to tap the market for customised online travel space as demand for tailor made tour packages on a rise in the domestic mar...