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Brookfield names former India head Anuj Ranjan CEO of global PE biz

Finance

03 February, 2024

Brookfield names former India head Anuj Ranjan CEO of global PE biz

Canadian alternative investment firm Brookfield Asset Management Inc. has named Anuj Ranjan the CEO of Brookfield Business Partners, the flagship ......

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Phi Capital scores another exit with outsized returns

Manufacturing

02 February, 2024

Phi Capital scores another exit with outsized returns

Private equity firm Phi Capital, which is in the process of raising its second fund with a targeted corpus of ......

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Blackstone tweaks Indian portfolio exit plan in second attempt

Finance

02 February, 2024

Blackstone tweaks Indian portfolio exit plan in second attempt

Private equity behemoth Blackstone, which hit the sell button on a clutch of portfolio companies last year, including auto parts ......

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KKR turns second time unlucky as it signs off an India bet with huge loss

TMT

01 February, 2024

KKR turns second time unlucky as it signs off an India bet with huge loss

Private equity goliath KKR, which began the new year with a big-ticket deal in India where an infrastructure investment trust controlled by it ......

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Temasek makes one of its best exit moves in India

TMT

01 February, 2024

Temasek makes one of its best exit moves in India

Singapore state investment firm Temasek, which emerged as the biggest private equity style investor in India last year having sealed ......

Budget 2024 Key Takeaways: Govt goes big on macro, taxes retained

Economy

01 February, 2024

Budget 2024 Key Takeaways: Govt goes big on macro, taxes retained

Finance minister Nirmala Sitharaman seems to have clearly defined the meaning of an interim budget by presenting one of the ......

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Impact investors, PE firm get exit window as Annapurna Finance gets over $400 mn tag

Finance

31 January, 2024

Impact investors, PE firm get exit window as Annapurna Finance gets over $400 mn tag

Odisha-based lender Annapurna Finance, which counts a string of impact investors and development finance institutions as its backers, is set ......

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Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Infrastructure

30 January, 2024

Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......

Jubilant unit makes over five-fold gain by selling stake in US firm

Healthcare

30 January, 2024

Jubilant unit makes over five-fold gain by selling stake in US firm

Jubilant Pharma Ltd, a Singapore-based subsidiary of Mumbai-listed Jubilant Pharmova Ltd, will sell its entire stake in a US company ......

ICICI Venture-backed Epack Durable drops on stock market debut

Manufacturing

30 January, 2024

ICICI Venture-backed Epack Durable drops on stock market debut

Epack Durable Ltd, an original equipment manufacturer of home appliances, made a weak stock market debut Tuesday as its shares ......