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Major investors are set to acquire a stake in Inox Clean Energy. This deal values the renewable energy firm at over $5 billion. The investment signals strong interest in India's clean energy sector. It will also fund Inox Clean Energy's expansion plans. The company is growing its renewable generation and solar manufacturing capacities.
Category:
News and Media
US buyout group TPG Capital is nearing a deal to acquire a significant minority stake of 30-40% in Nirmal Jain's IIFL Capital Services. This move could position TPG as the largest shareholder, coinciding with Jain's plans to re-enter wealth management. The potential transaction, including an open offer, could be valued up to 8,000 crore.
Category:
News and Media
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