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Blackstone's Akhil Gupta, Amit Dixit Join Jagran Prakashan Board

TMT

16 August, 2016

Blackstone's Akhil Gupta, Amit Dixit Join Jagran Prakashan Board

Newspaper publisher Jagran Prakashan Ltd has appointed private equity giant Blackstone Group’s India head Akhil Gupta and its managing director ......

Bharti Enterprises & SoftBank Announce Mobile Internet JV

Others

16 August, 2016

Bharti Enterprises & SoftBank Announce Mobile Internet JV

Bharti Enterprises, the business group behind the country’s largest communications firm Bharti Airtel Ltd, and SoftBank Corp., a diversified Japanese ......

India Clocked $3.2B In M&A And PE Deals In August: VCCedge

General

16 August, 2016

India Clocked $3.2B In M&A And PE Deals In August: VCCedge

Deal activity in India improved for the month of August as compared to July, with the total value of mergers ......

Everonn Stock Slips Another 20% On MD's Arrest

General

16 August, 2016

Everonn Stock Slips Another 20% On MD's Arrest

The share price of Everonn Education Ltd, backed by investors like New Vernon Capital and Blackstone’s India Fund Inc., collapsed ......

L&T Mutual Fund CEO Sanjay Sinha Quits

Others

16 August, 2016

L&T Mutual Fund CEO Sanjay Sinha Quits

Ashutosh Bishnoi has taken over as an interim chief of diversified conglomerate Larsen & Toubro’s asset management business after Sanjay ......

IL&FS Investment Managers' Q1 Revenues Up 23%, PAT Flat

Others

16 August, 2016

IL&FS Investment Managers' Q1 Revenues Up 23%, PAT Flat

The country’s largest home-grown private equity firm IL&FS Investment Managers Ltd (IIML) has reported a reasonable revenue growth, partly boosted ......

Piramal Healthcare Ropes In Bain Capital's Amit Chandra As Addl Dir

Healthcare

16 August, 2016

Piramal Healthcare Ropes In Bain Capital's Amit Chandra As Addl Dir

Mumbai-based pharma company Piramal Healthcare, which has recently sold its domestic formulations business to Abbott for $3.7 billion and is ......

PE-Backed Bhushan Power & Steel Acquires Majority Stake In Nova Iron

Manufacturing

16 August, 2016

PE-Backed Bhushan Power & Steel Acquires Majority Stake In Nova Iron

Baring Private Equity Asia-backed Bhushan Power & Steel has acquired majority stake in small-sized and loss-making sponge iron firm Nova Iron & ......

Retail inflation climbs above 6%; factory output picks up pace

General

12 August, 2016

Retail inflation climbs above 6%; factory output picks up pace

India’s retail inflation accelerated for a fourth straight month in July to climb above the government’s targeted upper limit of ......

India regulator proposes mandatory listing for insurers

General

12 August, 2016

India regulator proposes mandatory listing for insurers

The Insurance Regulatory and Development Authority of India (IRDA) has proposed to make it mandatory for all insurers to go ......