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KKR-controlled BMH Group appoints former MGM, Fortis Hospital exec as CEO

Healthcare

08 October, 2024

KKR-controlled BMH Group appoints former MGM, Fortis Hospital exec as CEO

Kerala-based hospital chain Baby Memorial Hospital Group, or BMH, in which global private equity firm KKR bought majority stake recently, ......

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Grapevine: IFC may exit Apollo's clinic chain; MUFG renews bid for Yes Bank

General

04 October, 2024

Grapevine: IFC may exit Apollo's clinic chain; MUFG renews bid for Yes Bank

Apollo Hospitals Enterprise Ltd plans to sell a significant stake in its subsidiary, Apollo Health & Lifestyle Ltd (AHLL), to ......

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Exclusive: KKR changes tack to monetise JB Pharma bet as suitors balk at valuation ask

Healthcare

27 September, 2024

Exclusive: KKR changes tack to monetise JB Pharma bet as suitors balk at valuation ask

Private equity giant KKR is considering a new multi-billion dollar plan to monetise its four-year-old bet on JB Chemicals & ......

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Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Finance

26 September, 2024

Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn

Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a brisk ......

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Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

General

25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of shares ......

KKR's India highways InvIT gets $797 mn contract

Infrastructure

23 September, 2024

KKR's India highways InvIT gets $797 mn contract

An infrastructure investment trust (InvIT) formed by private equity firm KKR & Co has won a government contract for a ......

KKR-backed Hero Future Energies announces mega investment plan

Infrastructure

18 September, 2024

KKR-backed Hero Future Energies announces mega investment plan

Indian conglomerate Hero Group's power production unit plans to invest $20 billion over the next six years to scale up ......

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Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake

General

17 September, 2024

Grapevine: Nomura joins race for Avendus; Adani Wilmar owners to pare stake

Nomura, Japan's largest investment bank, has entered the race to acquire Indian investment bank Avendus, shifting from its role as an ......

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Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors

General

13 September, 2024

Grapevine: Torrent may buy into CVC-backed Gujarat Titan; Alkem gets PE suitors

Ahmedabad-based Torrent Group has reached an informal agreement with CVC Capital Partners to acquire a majority stake in Indian Premier League (IPL) franchise Gujarat ......

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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......