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How IPO-bound Gland Pharma's valuation spiked under China's Fosun

Healthcare

13 July, 2020

How IPO-bound Gland Pharma's valuation spiked under China's Fosun

China’s Shanghai Fosun Pharmaceutical Group, which acquired a majority stake in Gland Pharma Ltd less than three years ago, will ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

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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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Value lens: JB Chemicals looks discounted in KKR's control deal

Healthcare

03 July, 2020

Value lens: JB Chemicals looks discounted in KKR's control deal

Global private equity firm KKR’s deal to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd values the company ......

Intel chips in with $253 mn for Reliance's Jio Platforms

TMT

03 July, 2020

Intel chips in with $253 mn for Reliance's Jio Platforms

Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......

KKR to acquire controlling stake in JB Chemicals for over $410 mn

Healthcare

02 July, 2020

KKR to acquire controlling stake in JB Chemicals for over $410 mn

Global alternative asset manager KKR has agreed to purchase a controlling stake in JB Chemicals & Pharmaceuticals Ltd in its ......

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

General

02 July, 2020

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

Regional language social media platform ShareChat is looking to raise $200 million (Rs 1,510 crore at current exchange rate) from ......

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InvITs have been fairly resilient in the pandemic: IndiGrid's Harsh Shah

Infrastructure

29 June, 2020

InvITs have been fairly resilient in the pandemic: IndiGrid's Harsh Shah

India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power transmission sector, made a muted stock market ......

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RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Finance

25 June, 2020

RIL cuts commitments to PE, VC funds again in FY20 but adds new asset class

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) reduced its exposure to alternative investments for a fourth year in a row ......

Bharti Infratel, Indus Towers push back deadline for merger yet again

TMT

24 June, 2020

Bharti Infratel, Indus Towers push back deadline for merger yet again

Bharti Infratel Ltd and Indus Towers Ltd have once again extended a deadline for a planned multi-billion-dollar merger between the ......