TEAM VCC

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

Finance

20 September, 2017

CPPIB, GIC among anchor investors betting on SBI Life's $1.3 bn IPO

SBI Life Insurance Company Ltd has raised Rs 2,226 crore ($346 million) from anchor investors including Canada Pension Plan Investment ......

Manufacturing

19 September, 2017

Tata Sons ups stake in auto, chemicals, beverage arms for $500 mn

Tata Sons Ltd on Tuesday increased its stake in the diversified conglomerate’s auto, chemicals and beverages units, as the holding ......

Infrastructure

19 September, 2017

IFC to invest $50 mn in Mahindra Lifespace projects

International Finance Corporation plans to invest about $50 million (Rs 321 crore) to help Mahindra Lifespace Developers Ltd set up ......

Premium

Finance

15 September, 2017

With about $470 mn in pocket, Goldman Sachs nears exit from Analjit Singh's Max

Goldman Sachs has sold its remaining stake in Max Financial Services Ltd, which houses the group’s Max Life Insurance business, ......

Finance

15 September, 2017

Fairfax-backed ICICI Lombard's IPO covered 27% on day 1

The initial public offering (IPO) of ICICI Lombard General Insurance Co., India’s largest private sector non-life insurer, crossed the one-fourth ......

Manufacturing

13 September, 2017

Tata Chemicals in talks to sell phosphatic fertiliser biz to Indorama

Tata Chemicals Ltd said on Wednesday it is in advanced stages of negotiations to sell its phosphatic fertiliser business and ......

TMT

08 September, 2017

Karnataka IT minister assures due diligence of Elevate 100 startups

Karnataka IT minister Priyank Kharge has assured the government would do due diligence to verify whether the startups chosen for ......

Premium

TMT

08 September, 2017

Blackstone takes deep haircut in another India portfolio exit move

Blackstone, the world’s largest alternative investments manager, has started exiting one of its rare public market investments in India as ......

General

05 September, 2017

Is string-of-pearls M&A strategy better for overseas deals?

Many of India’s top corporate groups made large overseas acquisitions in the last decade, but some of those deals didn’t ......

Infrastructure

31 August, 2017

Sembcorp buys out IDFC PE from renewable energy arm for $220 mn

Sembcorp Industries Ltd has agreed to buy out private equity firm IDFC Alternatives from its Indian renewable energy unit, as ......