Brookfield to invest Rs 25,215 crore in Reliance's tower arm
Reliance on Friday reported 6.82 per cent year-on-year rise in consolidated net profit at Rs 10,104 crore.
Sebi order clears way for proposed Brookfield Deal: Leela promoters
Sebi on Tuesday asked Hotel Leelaventure to put to vote afresh the asse...
SAT refuses to stay Hotel Leela’s postal ballot to seek nod for Brookfield deal
Hotel Leela Venture said voting will begin on August 18 and w...
Brookfield, Reliance inch closer to a towering deal
Apart from Brookfield, RIL chief Mukesh Ambani is likely to invest in Jio’s towers in his personal capacity.
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.
Leela shareholders back sale to Brookfield
Nearly 86 per cent of all shareholders voted in favour of the resolution.
ITC trying to scuttle deal with Brookfield, claim Leelaventure promoters
ITC, which held a 7.92% stake in Leelaventure at the end of March as per stock exchange data, had moved the NCLT, complaining oppression of minority shareholder interest.
Suzlon offers to sell majority stake to Brookfield for settling loans
Suzlon has offered a one-time settlement proposal to its lenders that entails potential stake sale to Brookfield that would infuse additional equity in the company.
Sebi asks Hotel Leela to share details of transactions between firm, Brookfield and promoters
Sebi may also initiate adjudication proceedings against JM Financial ARC.
Sebi puts Leela-Brookfield deal on hold
India’s largest life insurer holds 2.38 per cent in Leela.
Jio Infratel may raise Rs 10,000 crore post Brookfield Deal
As per analysts, Jio’s parent RIL said it is making good progress to monetise Jio Digital Fibre under a similar deal structure, although it did not identify potential investors.
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.
Brookfield-led team to buy out Jio's tower arm in multi-stage deal
Proceeds will allow Mukesh Ambani-led RIL reduce debt & free up cash to take on rivals Airtel and Voda Idea.
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.
Suzlon proposes $1.2 billion deal to settle stressed debt: Sources
Creditors led by State Bank of India will have to take a haircut of as much as 44%.
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