Manufacturing
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
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
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
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
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
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
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
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
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
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 ......
