Anil Ambani

Private equity companies Blackstone Group (NYSE: BX), Apax Partners, TPG Capital and Carlyle Group reportedly have expressed interest in purchasing a stake in Reliance Communications' mobile-phone towers unit, according to people familiar with the matter. TPG and Carlyle are among those in talks...

Luxembourg-based LyondellBasell rejected an offer of $13.5 billion from India’s Reliance Industries ltd. According to the Wall Street Journal, a restructuring plan proposed by Lyondell that would keep the company independent would, by comparison, value it at about $15.5 billion. Reliance now...