Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
EQT drops Zelestra sale, to invest $600 mn
Hindustan Times Haryana
|October 13, 2025
European alternative asset manager EQT has dropped the plan to sell renewable developer Zelestra’s India operations and instead transferred it to its Asia Pacific infrastructure team headed by Hong Kong-based partner Ken Wong.
EOT will also invest around $600 million to develop the portfolio and has brought in Parag Sharma, former chief executive officer (CEO) and co-founder of EQT—and Temasek-backed 02 Power, to head the company, replacing incumbent CEO Sajay KV, said four people aware of the development.
Zelestra had hired JP Morgan to run the sale process for its India operations, eyeing a deal with an equity and enterprise value of $184 million and $421 million, respectively. Mint earlier reported that the world’s largest alternative asset manager Blackstone was looking to acquire Zelestra's Indian operations.
Esta historia es de la edición October 13, 2025 de Hindustan Times Haryana.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Hindustan Times Haryana
Hindustan Times Haryana
RBI proposes limits for banks’ capital mkt exposure
The Reserve Bank of India (RBI) on Friday proposed limits to banks' lending against stocks, bonds in capital markets, and for corporate acquisitions to ensure that lenders keep such businesses in check.
1 mins
October 25, 2025
Hindustan Times Haryana
EU team to visit India ahead of FTA deadline
Members of a key panel of the European Union (EU) will visit India next week for discussions aimed at pushing the conclusion of a bilateral free trade agreement (FTA), with a little more than two months to go for the deadline set by the leadership of both sides to conclude the deal.
2 mins
October 25, 2025
Hindustan Times Haryana
UN hardly representative, blocks reforms: Jaishankar
External affairs minister $ Jaishankar highlighted problems affecting the working of the United Nations on Friday, including decision-making that doesn't address global priorities, the organisation’s response to the challenge of terrorism, and reforms in the UN being blocked though the use of the reform process itself.
1 min
October 25, 2025
Hindustan Times Haryana
Ignored Sarfaraz to not move up the batting order
Gearing up for a fresh Ranji season with an eye on bigger personal honours is what Sarfaraz Khan has done a lot of. Being constantly on the waiting list is also something he's learned to deal with. It may have led to frustration, but it never broke him. To lose favour after making it to the elite level can be deflating though and will test the resilience of the middle-order batter.
2 mins
October 25, 2025
Hindustan Times Haryana
After a slow start, Mandhana has found her rhythm in World Cup
Left-hander struggled to begin with but come the business end, she is showing her true colours
4 mins
October 25, 2025
Hindustan Times Haryana
Unease among pilots as Air India plans ‘flexi contract’
Air India is set to introduce a controversial “flexi contract model” that could see widebody pilots working just 15 days a month while narrowbody crews clock 20 days,a move insiders say reflects cost pressures and rising pilot numbers—and has raised eyebrows across the aviation industry.
3 mins
October 25, 2025
Hindustan Times Haryana
In the monsoon bounty, signs of a looming crisis
The interconnected degradation of land and water, accentuated by the climate crisis, poses an existential threat to India’s food security. It needs urgent redress
4 mins
October 25, 2025
Hindustan Times Haryana
Kohli and the challenge of playing just one format in modern cricket
It doesn't help that ODIs are dying and he just isn't getting enough competitive cricket under his belt
3 mins
October 25, 2025
Hindustan Times Haryana
Palestinian factions agree to hand Gaza to technocrat body
The main Palestinian political factions, including Hamas, said on Friday they had agreed that an independent committee of technocrats would take over the running of postwar Gaza.
1 mins
October 25, 2025
Hindustan Times Haryana
Larissa D’Sa
Content creator and entrepreneur, @Larissa_WLC
1 mins
October 25, 2025
Listen
Translate
Change font size