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Sovereign wealth funds move mainstream, make fewer contrarian bets

Finance

30 January, 2020

Sovereign wealth funds move mainstream, make fewer contrarian bets

Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they mature, and ......

KKR, GIC-backed IndiGrid to buy power transmission asset from sponsor Sterlite

Infrastructure

29 January, 2020

KKR, GIC-backed IndiGrid to buy power transmission asset from sponsor Sterlite

India’s first power transmission infrastructure trust IndiGrid said it has agreed to acquire from its sponsor Sterlite Power Grid Ventures ......

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

General

20 January, 2020

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement business ......

GMR tweaks airport deal with Tatas, GIC, SSG Capital

Infrastructure

16 January, 2020

GMR tweaks airport deal with Tatas, GIC, SSG Capital

GMR Infrastructure Ltd said on Thursday it will sell more stake than earlier planned in its airports arm to Tata ......

Canara Bank calls off plan to sell housing finance arm yet again

Finance

14 January, 2020

Canara Bank calls off plan to sell housing finance arm yet again

Canara Bank said on Tuesday it has scrapped a plan to sell its entire stake in housing finance arm Can ......

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PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

Finance

10 January, 2020

PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

A handful of private equity and venture capital firms in India may have struck gold by fully exiting their investments ......

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Infrastructure

08 January, 2020

GIC, ADIA-backed Greenko set to buy stake in large hydro project

Greenko Group, India’s most-funded renewable energy company, is set to acquire a stake in a large hydropower project that was ......

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

General

06 January, 2020

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

Great Wall Motors, China’s largest SUV maker, is close to acquiring General Motors’ (GM) manufacturing facility in Maharashtra for up ......

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

Finance

31 December, 2019

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

India's third-largest private sector lender Axis Bank has strengthened its senior management through appointments of key personnel in two strategic ......

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Flashback 2019: Brookfield strikes a double in this year's top PE deals

Finance

31 December, 2019

Flashback 2019: Brookfield strikes a double in this year's top PE deals

Canada’s Brookfield Asset Management Inc. led private equity-style dealmaking to a record this year, with the infrastructure sector emerging as ......