ABU DHABI INVESTMENT COUNCIL
Part-owner Varde may invest ₹ 1k crore in Altico Capital
US-based Varde plans to repay the lenders in full; Altico CEO Sanjeev Agrawal resigns
Global funds in revival talks with Altico lenders
Altico got into trouble last month after it failed to pay Rs 19.97 crore in interest paymen...
Masayoshi Son is no angel. He might want to give it a try
Masayoshi Son isn’t timid, to be sure. His reputation is built upon decades of cour...
IndiGo, Etihad Airways show interest in boarding Air India
Representatives from two companies have met govt officials and shown interest in the national carrier.
India’s SWF gets ready to launch non-bank lender
NIIF already counts CPPIB, Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, Temasek, Axis Bank, HDFC Group, ICICI Bank and Kotak Mahindra Life Insurance as investors in the NIIF Master Fund, along with the government of India.
Canada's CPPIB to invest $600 million in NIIF Master Fund
NIIF is India’s first sovereign wealth fund that was set up by the Government of India in February 2015.
Abu Dhabi’s Masdar to buy stake in Hero’s Green Energy arm for $150m
Abu Dhabi government-owned energy company Masdar Clean Energy is all set to acquire about 20% stake in Hero Future Energies.
Abu Dhabi Capital Group backs Grofers
Grofers is expected to be valued at around $700 million after this fund-raise.
Fraport makes fresh attempt to exit Delhi Airport consortium
Fraport has also approached the state-run National Investment and Infrastructure Fund (NIIF) to buy its stake. NIIF, along with Gulf sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Canada’s PSP Investments last year signed a pact with GMR’s rival GVK Group to invest Rs 7,614 crore in the latter’s airport business.
SoftBank in talks to sell majority stake in India renewables JV
It is considering various options, ranging from an outright sale of its 70% stake to a majority stake sale.
Jet Air jumps 5% as Hinduja brothers likely to bid for airline
Hinduja is seeking a partner to bid, one of the people told Bloomberg.
KKR infuses $150 million 'confidence' capital in India NBFC arm
This is the second time the parent is infusing ‘confidence’ capital after putting in $100 million in 2009, when the PE group launched its credit business in India in what was then hailed as a pioneering strategy. Till date its other investors Abu Dhabi Investment Authority (ADIA) and Texas Teacher Retirement System have each infused $100 million.
PE investments see robust growth in October despite muted M&A activity: Report
Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019.
PE/VC investments remain flat at $3.31 bn in October: Report
The data showed realty investments coming down in October to $114 million.
Brookfield in talks to invest $800 million in ReNew Power
Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, the son of former finance minister Yashwant Sinha, ReNew Power has more than 4,300 mw of operational capacity.
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