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State Bank of India veteran to take over as SBI Card CEO

Finance

16 July, 2020

State Bank of India veteran to take over as SBI Card CEO

SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer, India’s ......

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Healthcare PE deals climb in April-June, M&As maintain pace

Healthcare

15 July, 2020

Healthcare PE deals climb in April-June, M&As maintain pace

The number of private equity deals in India’s healthcare sector rose in the April-June period to their highest level in ......

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

General

09 July, 2020

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

Tata Sons, the holding company of the Tata group, is in talks to buy out AirAsia Berhad’s 49% stake in ......

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Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Healthcare

09 July, 2020

Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Private equity firm Carlyle has agreed to buy a fifth of Piramal Enterprises Ltd’s pharmaceutical business at some discount but ......

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PE volumes touch new low in January-June as coronavirus worsens sentiment

Finance

07 July, 2020

PE volumes touch new low in January-June as coronavirus worsens sentiment

Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......

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After three new India bets, Carlyle exits healthcare services firm

Healthcare

03 July, 2020

After three new India bets, Carlyle exits healthcare services firm

Private equity firm The Carlyle Group, which made three new India investments over the past two months, has fully exited ......

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Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Healthcare

02 July, 2020

Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Pathology chain Metropolis Healthcare Ltd’s plan to acquire a majority stake in a Gujarat-based diagnostics company has fallen through. Metropolis had, ......

Carlyle to buy 25% of Bharti Airtel's data centre business

TMT

01 July, 2020

Carlyle to buy 25% of Bharti Airtel's data centre business

The Carlyle Group has agreed to acquire a 25% stake in the data centre business of Bharti Airtel Ltd, as ......

Carlyle bets on Piramal Pharma in its biggest India healthcare deal

Healthcare

27 June, 2020

Carlyle bets on Piramal Pharma in its biggest India healthcare deal

Private equity firm Carlyle has agreed to acquire a 20% stake in the pharmaceutical business of Piramal Enterprises Ltd for ......

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

General

22 June, 2020

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire L&T Mutual Fund with Rs ......