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HSBC outshines peers in India as the pecking order of top MNC banks changes

Finance

08 November, 2024

HSBC outshines peers in India as the pecking order of top MNC banks changes

Foreign banks have been steadily increasing their presence in India to capture a share of the world’s fastest-growing major economy. ......

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Grapevine: Apollo Global Management, NIIF, Montecarlo in news

General

24 October, 2024

Grapevine: Apollo Global Management, NIIF, Montecarlo in news

Apollo Global Management plans to sell a majority stake in an NBFC, while the National Investment and Infrastructure Fund is ......

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IT services firm Novigo in talks to sell majority stake, hires banker

TMT

15 October, 2024

IT services firm Novigo in talks to sell majority stake, hires banker

Novigo Solutions Pvt Ltd, an India- and US-based IT services company, is on the block and is being evaluated by a ......

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Grapevine: Stellaris Venture plans third fund; Macquarie, JSW, Actis eye O2 Power

General

16 July, 2024

Grapevine: Stellaris Venture plans third fund; Macquarie, JSW, Actis eye O2 Power

Stellaris Venture Partners, an early-stage investment firm and backer of Indian unicorns Mamaearth and Glance, is raising its third fund with a ......

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Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec

General

01 July, 2024

Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec

US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-based pharmaceutical ......

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Grapevine: EQT, Temasek plan O2 Power exit; Samara, Convergent to form $150 mn food venture

General

04 March, 2024

Grapevine: EQT, Temasek plan O2 Power exit; Samara, Convergent to form $150 mn food venture

Global investment giants EQT Capital and Temasek have planned to divest their renewable energy platform, O2 Power, aiming to capitalize ......

Hillhouse hires Barclays, Varde Partners execs for private credit team

Finance

18 September, 2023

Hillhouse hires Barclays, Varde Partners execs for private credit team

Hillhouse Investment, founded by Chinese dealmaker Lei Zhang, has made a number of senior hires for its new private credit ......

Barclays mulling stake sale in UK payments unit in bid to expand

Finance

04 September, 2023

Barclays mulling stake sale in UK payments unit in bid to expand

Barclays Plc is exploring the sale of a stake in the unit that processes payments for UK merchants as the ......

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Exclusive: Sovereign fund, other investors may bankroll Narayana Group's PE exit plan

Consumer

14 August, 2023

Exclusive: Sovereign fund, other investors may bankroll Narayana Group's PE exit plan

A sovereign wealth fund and a couple of other investors will likely fund education-focused Narayana Group’s plan to provide an ......

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Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

General

01 August, 2023

Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

British bank Barclays Plc is reshuffling its India and Hong Kong teams after the departure of two senior executives, a ......