Providence Equity eyes 25% in Idea Private equity firm Providence Equity Partners is close to picking up a stake in AV Birla-owned Idea Cellular. According to sources, Providence is likely to buy 25% share in the Pune...
Adani may buy L&T’s Punjab power plant
Engineering and construction major Larsen & Toubro (L&T) is in talks with the Ahmedabad-based Adani group to sell its power plant in Punjab at an estimated value of around Rs 3,000 crore. If the deal gets...
Inbound M&A Deals on I-T Department’s Radar
The Tax department has fixed its eagle eye on yet another target — this time it’s inbound mergers and acquisitions (M&As). Forty companies are said to have received notices and the total tax demand...