General
Sequoia aims at $1 bn fund; ArcelorMittal out of race for PE-backed Bhushan Power
Venture capital and growth stage investment firm Sequoia Capital is looking to raise $1 billion for its sixth India-focused fund, ......
Finance
IIFL Asset Management to raise $500 mn offshore affordable housing fund
IIFL Asset Management Ltd will raise a $500 million (around Rs 3200 crore) affordable housing fund from overseas investors in ......
General
KKR may invest in Max Group; Carlyle top contender for stake in Mankind Pharma
Private equity giant Kohlberg Kravis Roberts and Co. Ltd (KKR) is set to provide flexible partnership capital of around Rs ......
Infrastructure
CPPIB seals first leg of $370 mn deal with ReNew Power
Canada Pension Plan Investment Board (CPPIB) has acquired a 6.3% stake in ReNew Power Ventures Pvt. Ltd from the Asian ......
Finance
Budget 2018: Infra spends may spur capex, but FM Jaitley must woo private sector
Capital expenditure is key to any budgetary exercise. After all, the quantum of capex spent, both by the government, as ......
TMT
Tech Mahindra buys 17.5% stake in US telecom software firm Altiostar for $15 mn
IT services and consulting company Tech Mahindra Ltd has bought 17.5% stake in US-headquartered telecom software development firm Altiostar Networks ......
Infrastructure
NIIF, DP World create $3 bn India investment platform
The National Investment and Infrastructure Fund (NIIF) and Dubai-based port operator DP World have set up a platform to invest ......
People
Anand Mahindra joins board of TPG's Rise Fund
Mahindra group chairman Anand Mahindra has joined the founders’ board of The Rise Fund, the impact investment fund managed by ......
General
Nexus Venture Partners may raise $400 mn in 5th fund; Future Group eyes Foodworld
Homegrown venture capital firm Nexus Venture Partners is looking to raise its fifth fund with a target corpus of $350-400 ......
Healthcare
Torrent Pharma acquires US-based Bio-Pharm
Drugmaker Torrent Pharmaceuticals Ltd has acquired US-based generic pharmaceuticals company Bio-Pharm, Inc. for an undisclosed amount, the company said in ......















