Corporate finance
Byju's faces a $1.2 billion loan default fallout as lenders assume control of key units
10 Nov 2023
In a significant development for Byju's, once considered one of India's premier tech startups, lenders have formally declared a default on a $1.2 billion loan as they take control of a vital unit of the education technology provider
Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders
09 Nov 2023
Vedanta Resources Limited (VRL), a prominent diversified mining company headquartered in London, is in the final stages of devising a plan to raise up to $2.5 billion (approximately Rs 20,800 crore) to meet impending debt repayment deadlines.
Adani Group in talks to sell stake in Adani Wilmar, expected to focus on infrastructure
06 Nov 2023
In a significant development, the Gautam Adani-led Adani Group is reportedly in advanced discussions to divest its entire 43.97 percent stake in Adani Wilmar Ltd.,
Govt to pick up 33% stake in ailing Vodafone Idea
06 Feb 2023
After the fresh equity infusion by the government, the shareholding of the promoters will come down to around 50 per cent from the pre-December 2022 level of around 75 per cent - Vodafone Plc holding 48 per cent and Aditya Birla Group 27 per cent
Vodafone wins arbitration award in Rs20,000-cr retro tax case
28 Sep 2020
British telecom major Vodafone plc concluded the purchase deal of Hong Kong-based Hutchison’s assets in India from the Netherlands, in order to avoid paying tax anywhere
Infosys announces buyback at Rs1,150
19 Aug 2017
McDonald's to dismantle Luxembourg tax structure
09 Dec 2016
EDC Canada to fund Tata Sons $500 mn annually to boost business with Canadian companies
05 Nov 2015
Tata Sons has invested over C$1.3 billion in Canada over the past five years, and various companies' currently source from over 1,000 Canadian suppliers
Reliance Industries raises $1 bn via foreign bond sales
23 Jan 2015
RIL has achieved the lowest coupon rate ever achieved by a non-Japanese Asian company in the BBB category for a 10-year, $1 billion or more issue
Cerberus Capital buys £2.3-bn distressed loans of top UK, Australian banks
17 Dec 2014
New York-based Cerberus is one of the world’s leading private investment firms dedicated to distressed investments
Alstom nears $700 mn deal to settle US corruption charges
17 Dec 2014
Alstom’s US subsidiary in Connecticut along with its Japanese joint venture partner Marubeni are alleged to have paid millions of dollars in bribes to an Indonesian parliament member and other officials in order to secure a $118-million contract