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Glg Capital

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Reliance Infra dilutes 5% stake

Anil Ambani group company Reliance Infratel is diluting 5 per cent stake to a clutch of American and European investors in a pre-IPO placement, a deal that values the company at about Rs 50,000......

RCom to demerge tower biz, sell stake

Reliance Communications, India's second-biggest mobile operator, has decided to demerge its telecom tower business -- Reliance Infratel (Rel Infra). The company's board has approved a proposal to......

The creation of a Rs 50,000-crore giant

Reliance Infratel, the tower arm of Anil Ambani-led Reliance Communications (RCom), on Sunday agreed to merge its 50,000-tower portfolio with GTL Infrastructure in a cash and stock deal, making it......

MCX files IPO prospectus, to list on BSE

The Multi Commodity Exchange has filed its draft red herring prospectus with the Securities and Exchange Board of India for the company's public offer. It will list only on the Bombay Stock......

Investors home in on water management

Though the roads and power portfolios have disappointed private equity (PE) investors, other essential public utilities such as water remain an attractive area.Recently, CLSA Capital Partners, a......

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