BROOKFIELD ASSET MANAGEMENT
Hospitality Inc may not offer a great view in 2020
Developments such as the slashing of the goods and services tax (GST) rates for luxury hotels brought some cheer to the hospitality sector in 2019, but the ongoing economic headwinds and protests related to the Citizenship Amendment Act are dragging down growth in the near term.
Brookfield considering $1 billion REIT listing
Brookfield owns 22 million square feet of office properties in India, according to its website...
Vodafone Idea jumps 5% on reports of fundraising plan
Voda Idea was in talks to sell its optic fibre business to Brookfield Asset Management.
Voda Idea in talks with Brookfield and Edelweiss to sell some assets
Telco seeks to raise over $2.5b from sale of fibre business, data centre to pay AGR dues.
Voda-Idea in talks with Brookfield, Edelweiss to sell assets: Sources; telco denies
In a clarification to the stock exchange on Wednesday, Vodafone Idea however denied that it was in talks with the two companies.
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 from USD 28 million recorded in September 2019.
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.
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.
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.
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.
Suzlon scraps $1.2 billion debt repayment offer as Vestas backs out
The banks are yet to decide on the next steps to recover their dues, one of the people said.
PE firms lead race to acquire Reliance ADAG’s HQ in Mumbai
Private equity firms and a domestic fund managed by InterGlobe Enterprises' real estate arm have emerged as the final bidders for Reliance ADAG's headquarters in Mumabai.
Suzlon Energy rallies 14% as firm offers Rs 8,500 crore to lenders
People with knowledge of the matter told Bloomberg creditors led by State Bank of India will have to take a haircut of as much as 44 per cent on Suzlon’s debt if the offer is accepted.
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