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How the PE investor club in India has quietly gone through a big churn

Finance

08 August, 2019

How the PE investor club in India has quietly gone through a big churn

For every private equity (PE) firm that has been investing in the country for long and is still active, two ......

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

General

06 August, 2019

Grapevine: Warburg pledges IDFC First Bank stake; IndiGo founders' rift far from over

Global private equity giant Warburg Pincus has pledged its entire 9.86% stake in private-sector lender IDFC First Bank Ltd to ......

Airtel Africa profit more than doubles in first report since IPO

TMT

26 July, 2019

Airtel Africa profit more than doubles in first report since IPO

Airtel Africa Plc reported a quarterly pretax profit on Friday that more than doubled, as the telecoms company signed up ......

Grapevine: AION nears Adlabs control deal; Airtel-Dish TV pact hits hurdle

General

26 July, 2019

Grapevine: AION nears Adlabs control deal; Airtel-Dish TV pact hits hurdle

AION Capital, a joint venture between ICICI Bank and Apollo Global Management, is close to acquiring a controlling stake in ......

Warburg Pincus co-CEO Joseph Landy to step down

Finance

17 July, 2019

Warburg Pincus co-CEO Joseph Landy to step down

Joseph Landy, the co-chief executive officer of Warburg Pincus, is stepping down from the private equity firm, a media report ......

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Warburg-backed ESR strikes maiden warehousing deal in India

Infrastructure

17 July, 2019

Warburg-backed ESR strikes maiden warehousing deal in India

ESR Group, an Asian logistics real estate developer backed by private equity firm Warburg Pincus, is acquiring two warehousing projects ......

Warburg Pincus, SAIF Partners pump $65 mn more into Rivigo

TMT

11 July, 2019

Warburg Pincus, SAIF Partners pump $65 mn more into Rivigo

Rivigo Services Pvt. Ltd has raised $65 million (Rs 444.66 crore at current exchange rates) in its ongoing Series E ......

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Fund Scan: Warburg Pincus and the art of alliances

Finance

11 July, 2019

Fund Scan: Warburg Pincus and the art of alliances

In the middle of 2006, as Israel and Lebanon engaged in a war, Yogesh Mahansaria was fighting a battle of ......

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Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

Consumer

02 July, 2019

Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

In March last year, Lemon Tree Hotels Ltd became the first hotel chain in India to float an initial public ......

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The period of mediocre businesses quoting absurd valuations is over: Yogesh Mahansaria

Manufacturing

01 July, 2019

The period of mediocre businesses quoting absurd valuations is over: Yogesh Mahansaria

Yogesh Mahansaria is building his third tyres business. Previously, he acquired and expanded off-highway tyre maker Alliance Tire Group, before ......