PE investments see robust growth in October despite muted M&A activity: Report
Last month, the average deal size stood at USD 52 million, up ...
Cube Highways wins TOT project with Rs 5,011 cr bid
Financial bids for the third bundle of toll-operate-transfer(TOT) auctions were opened on Wednesday. TOT was introduced in 2016 to monetise publicly-funded highways. Under the model, investors make a one-time payment in return for long-term toll collection rights.
Nomura renews 4.5 lakh sq ft Powai office lease 2 years ahead of scheduled expiry
The commercial building is a special economic zone (SEZ) which came into Brookfield’s commercial portfolio following the Canada-based investor’s acquisition of Hiranandani Group's offices and retail space in Mumbai’s Powai suburb for about $1 billion in 2016.
Brookfield in talks to invest $800 million in ReNew Power
Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, the son of former finance minister Yashwant Sinha, ReNew Power has more than 4,300 mw of operational capacity.
How funds are boosting legal firepower in India
As offshore investors increase their India play, they are setting up inhouse teams here to advise them on local laws and regulatory nitty gritty.
WeWork losses widen to $1.25 bln amid record office space expansion
WeWork shelved its plans to go public on Sept. 30 after investors grew wary of its losses, business model and corporate governance that had forced former CEO and co-founder Adam Neumann to resign a week earlier.
Leelaventure business acquired by Brookfield, company informs BSE
Around 89 per cent of Leela's shareholders had voted in favour of the deal.
Reliance Jio Q2 net up 45%, but ARPU signal weak
PAT rises to Rs 990 cr while ARPU falls on addition of more JioPhone subscribers.
Growth prospects intact, India’s a big opportunity: Anuj Ranjan, Brookfield
Brookfield is banking on its expertise in real estate, infra-linked businesses and fin services for India
SAT allows Hotel Leela's asset sale to Brookfield
ITC is now seeking to challenge the SAT ruling in the Supreme Court.
Hotel Leelaventure board approves proposed name change of company
As part of the Brookfield transaction, the word "Leela" would not be a part of the company's name, Hotel Leelvaenture said in a filing to the BSE.
SAT ends Leela over asset deal with Brookfield, for Now
If completed, the Leela-Brookfield deal will be the largest foreign investment in the hospitality sector and culminates more than a year of talks between the two parties.
Fresh jolt to Hotel Leela-Brookfield deal by SAT
This comes after ITC Ltd. moved the tribunal against the market regulator's order rejecting its contention that the sale should not be allowed because of related-party transactions.
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