Keshav Sunkara

JSW Steel to acquire Italian steelmaker Aferpi

Manufacturing

18 May, 2018

JSW Steel to acquire Italian steelmaker Aferpi

Billionaire Sajjan Jindal-led JSW Steel Ltd has agreed to acquire three Italian companies including steelmaker Aferpi SpA for €55 million ......

Finance

18 May, 2018

CalPERS creates direct investment platforms for late-stage VC, long-term PE bets

California Public Employees’ Retirement System (CalPERS), the largest US pension fund that is also a limited partner (LP) for a ......

Finance

18 May, 2018

Fairfax-controlled Quess to buy remaining stake in HR firm Comtel

Fairfax-controlled business service provider Quess Corp. has received board approval to acquire remaining 36% stake in Singapore-based staffing firm Comtel ......

Finance

18 May, 2018

Cerestra to raise $300 mn education-infrastructure fund

Real estate-focussed private equity firm Cerestra Advisors Ltd has floated an offshore education-infrastructure fund to raise as much as $300 ......

General

18 May, 2018

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

IT companies Hexaware Technologies Ltd, Mphasis Ltd and L&T Infotech Ltd are among the potential bidders for business process outsourcing ......

Finance

17 May, 2018

Crest Ventures to buy out partner in Tullett Prebon India

Non-banking financial company Crest Ventures Ltd has agreed to buy the 48% stake it doesn’t already own in Tullett Prebon ......

Finance

17 May, 2018

Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm

Japanese life insurance firm Dai-ichi Life Holdings has ventured into the asset management business in India by acquiring 39.62% stake ......

Finance

17 May, 2018

IFC plans $150 mn debt investment in HDFC Bank's NBFC unit

International Finance Corporation (IFC), the private-sector investment arm of World Bank, is planning to make a senior debt investment of ......

People

17 May, 2018

Avendus Capital names Ritesh Chandra as head of new fund

Financial services firm Avendus Capital has appointed executive director Ritesh Chandra to lead its new fund, which is expected to ......

TMT

17 May, 2018

NIIT to sell its entire stake in Chinese firm for $600K

A Chinese subsidiary of listed technology education services provider NIIT Ltd is set to sell its entire stake in Wuxi ......