Piramal Group and IIFL Wealth Management Ltd. have joined hands to float an alternative investment fund (AIF), focusing on the real estate market in the nation.
HDFC has proposed to acquire the 9.12 per cent stake it does not already own in education-loan unit HDFC Credila Financial Services for up to Rs. 395 crores in cash.
Bharti Airtel Ltd. said on Wednesday it would rise to US$3 billion via debt and equity, as it looks for ways to pay down overdue fees, it owes to the government.
India will unveil a series of infrastructure projects starting this month as a part of a plan to invest 100 trillion rupees (US$1.39 trillion) in the sector over the next five years,
SAMHI Hotels Ltd., which owns the largest number of Marriot, IHG, and Hyatt hotels in India, received a regulatory nod to float an initial public offering.