General
PE firms may get to become promoters of insurers; Air Pegasus raises funds
The Insurance Regulatory and Development Authority has cleared a proposal allowing private equity firms to become promoters of insurance companies ......
Finance
IFC plans to invest in Cholamandalam Investment's masala bonds
International Finance Corporation is looking to invest up to Rs 480 crore ($75 million) in non-banking finance company Cholamandalam Investment ......
General
Actis may invest $200 mn in Profectus; NTPC issues tender to buy stressed assets
Private equity firm Actis is investing $200 million (Rs 1,288 crore) in non-banking financial company Profectus Capital Pvt. Ltd, founded ......
Finance
Everstone-backed IndoStar ends takeover talks with ICICI Home Finance
Non-banking finance company IndoStar Capital Finance Ltd may have backed out of the talks to acquire ICICI Home Finance Company ......
Infrastructure
CPPIB close to striking over $300 mn India infrastructure deal
The Canada Pension Plan Investment Board (CPPIB) is set to bet on a renewable energy firm, taking its India-related direct ......
Finance
Edelweiss raises $270 mn for pre-IPO fund
Mumbai-based diversified financial services company Edelweiss has raised up to Rs 1,750 crore (around $270 million) for its latest alternative ......
Others
Warburg, Temasek, CDPQ eye Asia Healthcare stake; Dalmia looks at Murli Industries
Asia Healthcare Holdings, the healthcare platform of private equity giant TPG Growth, is looking to raise $80-100 million by selling ......
General
Meet the highest-paid executives under 40 years
Eight-figure pay cheques are not hard to come by for young Indian executives. Even a relatively young company like Flipkart ......
Finance
Bharti family pledges $1.1 bn for philanthropy
The Bharti family has pledged Rs 7,000 crore (around $1.1 billion), or 10% of its wealth, to support activities of ......
Consumer
South Korea's Lotte to acquire ice cream maker Havmor for $152 mn
South Korean conglomerate Lotte Confectionery Co. Ltd has agreed to acquire Havmor Ice Cream Ltd for 164.5 billion won ($152 ......
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