General
Avendus eyes IDFC Mutual Fund; Tata Steel may sell Southeast Asia units
KKR-controlled financial services firm Avendus Capital is among the bidders in the fray to buy the mutual fund business of ......
General
SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs
Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced discussions to launch a $200-250 million fund focusing on ......
General
Cerberus makes fresh bid for Abraaj; Multi Commodity Exchange, NSE in merger talks
New York-based Cerberus Capital Management has submitted a fresh bid of around $20 million to take over the private equity ......
Manufacturing
Pipe maker Astral Poly Technik to acquire Rex Polyextrusion
Pipe and adhesive maker Astral Poly Technik Ltd has agreed to acquire Rex Polyextrusion Pvt. Ltd for Rs 147.50 crore ......
People
Samara Capital, Goldman Sachs and Janchor acquire two HR firms
First Meridian, an HR investment platform of private equity firm Samara Capital, Goldman Sachs and Janchor Partners, has made its ......
General
Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit
US-based food and beverage major The Kraft Heinz Company is in exploratory talks with potential buyers to sell its ......
TMT
Sterlite Technologies to buy Italian optical cable maker for $54.3 mn
Sterlite Technologies, which manufactures products for the telecom market, has agreed to acquire 100% stake in Italy-based optical cable maker ......
People
Tech Mahindra's Gurnani took home five times as much as Wipro, TCS CEOs combined in FY18
Tech Mahindra Ltd managing director and chief executive CP Gurnani took a slightly lower amount home in the last financial ......
General
IHH Healthcare ahead in race to buy Fortis; UPL may snap up Arysta LifeScience
Malaysia’s IHH Healthcare Berhad is likely to pick up at least a 51% stake in struggling hospital chain Fortis Healthcare ......
General
Creador hits first close for fourth fund; Hong Kong PE firm PAG plans India entry
South Asia- and Southeast Asia-focused private equity firm Creador has marked the first close of raising money for its fourth ......
