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IAG weighs selling its 26% stake in SBI General Insurance

Mumbai, Jan. 15 -- Insurance Australia Group (IAG) is considering selling a stake in SBI General Insurance, a joint venture with India's largest lender, according to two people directly aware of the d... Read More


Etihad may take effective control of Jet Airways

Mumbai, Jan. 15 -- Etihad Airways PJSC may gain effective control of Jet Airways (India) Ltd, if lenders approve a resolution plan for the cash-strapped local airline, according to two people familiar... Read More


IAG weighs selling its 26% stake in SBI General Insurance

MUMBAI, Jan. 15 -- Insurance Australia Group (IAG) is considering selling a stake in SBI General Insurance, a joint venture with India's largest lender, according to two people directly aware of the d... Read More


IAG weighs SBI General Insurance stake sale

Mumbai, Jan. 15 -- Insurance Australia Group (IAG) is considering selling a stake in SBI General Insurance, a joint venture with India's largest lender, two people directly aware of the development sa... Read More


Etihad poised to take effective control of Jet Airways

Mumbai, Jan. 14 -- Etihad Airways PJSC may gain effective control of Jet Airways (India) Ltd, if lenders approve a resolution plan for the cash-strapped local airline, according to two people familiar... Read More


Essel Group in talks to raise $400 million to refinance debt

Mumbai, Jan. 9 -- Subhash Chandra-promoted Essel Group is in talks with investors to raise as much as $400 million in a structured credit transaction, two people directly aware of the development said... Read More


Banks propose $900 million debt resolution for Jet Airways

Mumbai, Jan. 9 -- Local lenders to Jet Airways (India) Ltd, led by State Bank of India (SBI), on Tuesday proposed a $900 million resolution plan, comprising fresh equity infusion and restructuring of ... Read More


'Election-related volatility won't affect plans of strategic investors'

Mumbai, Jan. 3 -- It has been a volatile third quarter for equity markets in India marked by uncertainty in investment decisions in both public and private marketplaces, which has impacted valuations ... Read More


Era Infra lenders may seek investors to fund litigation

New Delhi, Jan. 1 -- Some lenders to bankrupt Era Infra Engineering are exploring a resolution plan that will allow them to restructure the company's assets and claims under arbitration into separate ... Read More


Vodafone Idea plans to tap global funds, pledge Indus Towers stake

Mumbai, Dec. 21 -- UK's Vodafone Group Plc and its local partner Aditya Birla Group plan to tap private equity (PE) and pension funds to raise as much as $1 billion once they pump in $2.5 billion thro... Read More