Vijay Mallya's Kingfisher's House is in auction with a base price fixed at Rs 150 crore. A consortium of SBI led the auction where interest buyers will bid online. Lenders are optimistic that the said e-auction will generate huge amount to suffice the amount to pay for the loans granted to Kingfisher Airlines and other debts.
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China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.
Mexico's transportation minister will meet with Chinese government officials on Monday to discuss the cancellation of a $3.75 billion high-speed rail contract that was awarded to a Chinese-led consortium, Mexico said on Sunday.
A consortium of Taiwan's largest private shipbuilder Ching Fu Shipbuilding Co Ltd, U.S. defense firm Lockheed Martin Corp and Italian firm Intermarine SpA have won a contract to supply six mine countermeasure vessels for Taiwan's navy for an undisclosed amount.
The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.
With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine.
The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.
Activision regains independence after it bought back shares from Vivendi SA.
KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.
Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport.
The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Amadeus Capital Partners achieved first close for Amadeus IV Digital Prosperity Fund with MTN as major investor.
Oktogo.ru receives capital infusion from consortium headed by Victor Sazhin.
A, the venture capital unit of Russia's Alfa Group, has expressed interest in forming a group to restructure troubled Central European Distribution Corp.