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Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Manufacturing

13 December, 2021

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care &...

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SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

Finance

02 December, 2021

SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in...

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Consumer

27 October, 2021

Ares SSG's ARC arm, Edelweiss, others bid for bankrupt Sintex Industries

Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE), Varde Capital-backed Aditya Birla Asset Reconstruction...

Värde Partners, promoter group invest in Reliance Infrastructure

Infrastructure

07 July, 2021

Värde Partners, promoter group invest in Reliance Infrastructure

Anil Ambani-led Reliance Infrastructure Ltd said it has raised Rs 550.56 crore ($73.7 million) from promoter group and Värde...

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Värde Partners to invest $135 mn in southern real estate firm

Finance

10 December, 2020

Värde Partners to invest $135 mn in southern real estate firm

Alternative investment firm Värde Partners will extend a loan of around Rs 1,000-1,250 crore ($135-170 million) to a south...

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

General

08 December, 2020

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

Private equity firm Blackstone Group Inc. has started a process to float an initial public offering of mortgage lender Aadhar...

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Ares SSG picks up 10% stake in housing finance firm

Finance

24 November, 2020

Ares SSG picks up 10% stake in housing finance firm

Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up 1.60% stake in one of India’s largest...

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Fraud-accused real estate firm Ireo set to get new fund manager

Infrastructure

20 November, 2020

Fraud-accused real estate firm Ireo set to get new fund manager

Ireo Pvt. Ltd, the real estate investment firm and developer battling allegations of a $1.5-billion fraud, is likely to get ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

Carlyle-backed PNB Housing appoints SBI veteran as interim CEO

Finance

28 April, 2020

Carlyle-backed PNB Housing appoints SBI veteran as interim CEO

PNB Housing Finance Ltd said on Tuesday it has appointed Neeraj Vyas as its interim managing director and chief executive ......

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