Word on the street: The world's largest alternative assets manager with an infrastructure and energy focus, Brookfield Asset Management is reportedly in talks with the lenders of Jaiprakash Power Ventures to acquire JP Power's three power plants in Bina, Nigrie and Allahabad. The company has been in the red with negative earnings since the September 2015 quarter. The most recent Q3FY17 quarterly results showed net losses of over Rs. 172 crore.
The negotiations between the two parties have not yet resulted in any key agreements or signoffs.