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Grapevine: Zydus Cadila may sell two units; Lodha Group looking to raise $210 mn

General

27 December, 2019

Grapevine: Zydus Cadila may sell two units; Lodha Group looking to raise $210 mn

Drugmaker Zydus Cadila is in preliminary talks with several strategic and private equity investors to sell two of its divisions ......

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Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Finance

26 December, 2019

Flashback 2019: PE firms scoop up assets of distressed firms in pre-bankruptcy stage

Blackstone Group Inc., Warburg Pincus and several other private equity firms in India sniffed investment opportunities this year across debt-laden ......

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Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

Finance

26 December, 2019

Flashback 2019: Bank mergers, NBFC woes, PE deals keep financial sector in spotlight

India’s banking, financial services and insurance sector went through a roller coaster ride in 2019, as the government launched a ......

Blackstone buys rest of Indiabulls Real Estate's office assets for $113 mn

Infrastructure

24 December, 2019

Blackstone buys rest of Indiabulls Real Estate's office assets for $113 mn

Mumbai-based Indiabulls Real Estate Ltd has sold its remaining commercial projects to private equity firm Blackstone Group for Rs 810 ......

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Flashback 2019: Consumer sentiment slumps but foreign investors make bold bets

Consumer

24 December, 2019

Flashback 2019: Consumer sentiment slumps but foreign investors make bold bets

Indian consumer-focussed companies braced for a deep slowdown as rising inflation, high unemployment and falling economic growth damped people’s sentiment ......

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Realty Scan: How GIC is aiming for a bullseye in India by spreading its bets around

Infrastructure

13 December, 2019

Realty Scan: How GIC is aiming for a bullseye in India by spreading its bets around

When Singapore sovereign wealth fund GIC set its foot in India’s real estate market in 2005, it wrote a meagre ......

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

29 November, 2019

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate) round of ......

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

General

22 November, 2019

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

Global private equity majors as well as Advent and Temasek-backed Crompton Greaves Consumer are in the race for Eureka Forbes, ......

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Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Infrastructure

19 November, 2019

Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Ever since the new Andhra Pradesh government led by chief minister YS Jaganmohan Reddy took office in May, infrastructure and ......

Blackstone bets $167 mn more on Future Group's fashion business

Consumer

15 November, 2019

Blackstone bets $167 mn more on Future Group's fashion business

Blackstone Group Inc., the world’s largest private equity firm, has invested Rs 1,200 crore ($167 million) in the holding company ......