The over Rs 22,500 crore Essel Group is one of the most prominent business houses in the country with a diverse portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure...
Essel Infraprojects in talks to buy IVRCL unit
Essel Infraprojects Ltd is in advanced talks to buy a controlling stake in Hindustan Dorr-Oliver (HDO), a publicly traded unit of debt-laden infra developer IVRCL Ltd, two people with direct knowledge of the matter said...
Essel group buys out two highway projects of Patel Engineering, KNR
Patel Engineering Limited and KNR Constructions Limited on Saturday signed a share purchase agreement to sell their entire equity stake in two road buy, operate and transfer (BOT) assets to an Essel group company. Both...
Essel Finance to buy Peerless Mutual Fund
New Delhi/Kolkata: Essel Finance Advisors and Managers Llp, the private equity arm of Subhash Chandra’s Essel Group, has agreed to acquire the mutual fund business of Kolkata-based financial services firm Peerless Group...
Essel Highways in talks to raise Rs400 crore from Aion Capital Partners
Mumbai: Essel Highways Ltd, a unit of Essel Infraprojects Ltd, is in talks to raise Rs400 crore from special situations fund Aion Capital Partners, two people aware of the development said. On 26 May, the Essel Highways...
Essel Propack hits record high on acquiring remaining stake in JV
Essel Propack hits a record high of Rs 245, up 10% on the BSE in early morning trade, after the company announced the acquisition of the remaining stake in Essel Deutschland Germany. “Lamitube Technologies (LTL), a...
Essel group’s Agrani buys India beam on ProtoStar-1
Essel group’s Agrani buys India beam on ProtoStar-1 Essel Group’s Agrani Telecom Ltd has acquired the entire India beam on ProtoStar-1 satellite from Bermuda-based ProtoStar Ltd. The satellite is to be...
Essel Mining to buy Indonesian co for $180m
Essel Mining to buy Indonesian co for $180m ESSEL Mining & Industries, the unlisted unit of the Aditya Birla Group, is close to acquiring a mining company in Indonesia for $180m in one of the biggest deals in the...
BSS Micro Finance calls off deal talks with Essel Finance.
BSS Microfinance has terminated talks with Essel Finance for a possible sale. Essel Finance was in talks to acquire BSS Microfinance Pvt Ltd. The Bangalore based MFI has asset size of Rs 400 crore. This could have paved...
Essel to buy BSS Microfin for Rs 90 cr
Subhash Chandra-promoted Essel group will buy Bengaluru-based BSS Microfinance Private Ltd (BMPL) in a Rs 90-crore deal. The MFI has 0.2 million clients and a loan book of Rs 378 crore at the end of September 2015. It...
Essel Publishers Merge With Zee Media
Zee Media Corporation Ltd is one of the India’s foremost multi-media companies with a strong presence in the national and regional news genre. The company was incorporated as Zee Sports Limited on August 27; 1999...
NCLT orders insolvency proceedings against Subhash Chandra on Indiabulls Housing Finance plea
The National Company Law Tribunal (NCLT) on Monday ordered insolvency proceedings against media mogul Subhash Chandra, following a plea filed by Indiabulls Housing Finance. The decision, announced by a two-member bench...