It is a market for everybody at this moment: Rahul Bhasin, Baring Private Equity
We have had highest cost of capital in the world probably in...
Budget 2020: What’s next for Private Equity and Venture Capital industry
The PE & VC industry is set to play a significant role in upping Ind...
Stock multiples looking pricey due to under-trend earnings: Rahul Bhasin
Valuation distortions need to be seen in the context of cost of mone...
"Indian cities to add 100 new malls by 2022-end," says Anarock MD & CEO
According to MD & CEO of Anarock Retail, Anuj Kejriwal, top seven cities in India will see 69 new malls spread over 35.5 mn sq.ft. area while the remaining 31 malls over 13.5 mn sq.ft. will come up in tier 2 & 3 cities. East India will see a much more modest supply of seven new malls spread over approximately 3.5 mn sq. ft.
PE Funds Advent, Kedaara in discussions to acquire Sequent
The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Ravishankar and family, together hold about 56.5% in the listed entity, while PE investor Ascent Capital holds 5% stake. JP Morgan is running the sale process.
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE funds have preferred to invest in ventures where they get controlling stakes. This helps them to have greater control over operational aspects of the company.
Private equity party set to continue in New Year; may see 15-20% growth in investments
PE and VC investments soared 18 per cent to $44.2 billion at the end of November 2019.
Everstone to invest $50 million in KKR-backed Slayback Pharma
Everstone joins existing institutional investor KKR, who first invested in Slayback with a $60 million commitment in December 2016.
Shriram Group looks to dilute 5% each in life & non-life biz
The transaction, in preliminary stages, is part of the group’s thinking to unlock cash to fund its aggressive growth plans.
Zydus Cadila in talks to sell two units for Rs 1,200 crore
This is part of a broader strategy to reduce debt in the company’s capital structure after it borrowed more to help finance the Rs 4,600-crore acquisition earlier this year of Heinz India’s consumer wellness business. Zydus has approached larger rivals, such as Cipla and Sun Pharmaceutical Industries, besides financial investors.
IPOs worth Rs 51,000 crore lapsed in 2019 as fund raising hit lowest since 2014
In SME segment, it was the first year of negative growth in fund mobilisation since inception.
KKR, Apax Partners in race to buy significant stake in CCD
KKR and Apax Partners are now conducting due diligence of the coffee chain as they are the only ones left in the race for stake in CCD. "After an analysis, the company (CDEL) had arrived at an amount that needs to be invested if CCD were to survive and those who opted out were not willing to commit the requisite amount," said a person involved.
Shriram Capital halts three-way merger after RBI request
The unlisted Shriram Capital, which counts billionaire Ajay Piramal and private equity firm TPG Capital as investors, was planning to combine with its publicly traded units Shriram Transport Finance Co. and Shriram City Union Finance Ltd.
Private equity picks through rubble of India NBFC crisis
The funds have invested about $2 billion this year in the country’s non-bank financing sector.
View: Private equity spies profit in India's distress
Will workers in rich nations profit from India's distress or get burned?
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