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Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

General

08 December, 2020

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

Private equity firm Blackstone Group Inc. has started a process to float an initial public offering of mortgage lender Aadhar ......

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Ares SSG picks up 10% stake in housing finance firm

Finance

24 November, 2020

Ares SSG picks up 10% stake in housing finance firm

Alternative asset manager Ares SSG (previously known as SSG Capital) has picked up almost 10% in one of India’s largest ......

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Fraud-accused real estate firm Ireo set to get new fund manager

Infrastructure

20 November, 2020

Fraud-accused real estate firm Ireo set to get new fund manager

Ireo Pvt. Ltd, the real estate investment firm and developer battling allegations of a $1.5-billion fraud, is likely to get ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

Carlyle-backed PNB Housing appoints SBI veteran as interim CEO

Finance

28 April, 2020

Carlyle-backed PNB Housing appoints SBI veteran as interim CEO

PNB Housing Finance Ltd said on Tuesday it has appointed Neeraj Vyas as its interim managing director and chief executive ......

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Emami Group in talks for fresh funding from another American investor

Consumer

09 April, 2020

Emami Group in talks for fresh funding from another American investor

The promoters of Kolkata-based Emami Group are in talks to rope in another American investor after bringing in Farallon Capital ......

Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Infrastructure

31 December, 2019

Goldman Sachs joins Varde Partners to take over RattanIndia Power's debt

Global investment bank Goldman Sachs has teamed up with alternative investment firm Värde Partners to take over RattanIndia Power Ltd’s ......

Altico backer Varde Partners exceeds target for new fund

Finance

20 December, 2019

Altico backer Varde Partners exceeds target for new fund

Alternative investment firm Värde Partners, which counts non-bank lender Altico Capital India Ltd and Aditya Birla ARC Ltd as its ......

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

General

25 November, 2019

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 million (Rs 3,583 ......

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange rate) ......