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Apollo Hospitals' promoters raise $89M from KKR

Healthcare

05 November, 2013

Apollo Hospitals' promoters raise $89M from KKR

Promoters of India’s largest healthcare services company Apollo Hospitals Enterprise Ltd have raised Rs 550 crore ($89 million) from private ......

Gaja Capital eyes first close of new $250M fund by year end; IFC commits up to $25M

General

05 November, 2013

Gaja Capital eyes first close of new $250M fund by year end; IFC commits up to $25M

Gaja Capital Partners, a mid-market private equity firm known for its investments in the education sector, is raising $250 million ......

Airtel to acquire Warid's Congo operations

TMT

05 November, 2013

Airtel to acquire Warid's Congo operations

Bharti Airtel has struck yet another deal to expand presence inorganically in Africa by signing an agreement with the Warid ......

News Roundup: Wilmar eyes stake in Shree Renuka Sugars

Others

05 November, 2013

News Roundup: Wilmar eyes stake in Shree Renuka Sugars

Wilmar International, a Singapore-based agribusiness group, has initiated talks to buy a stake in sugar refiner Shree Renuka Sugars. Sources ......

Piramal Enterprises acquires skincare OTC brand Caladryl in India

Healthcare

01 November, 2013

Piramal Enterprises acquires skincare OTC brand Caladryl in India

Piramal Enterprises Ltd has acquired over-the-counter dermatology brand Caladryl in India from Valeant Pharmaceuticals Inc, for an undisclosed amount. Caladryl ......

News Roundup: Carlyle in talks to buy 24% in Medanta for $160M

Others

01 November, 2013

News Roundup: Carlyle in talks to buy 24% in Medanta for $160M

Private equity fund Carlyle will buy 24% stake in Naresh Trehan-founded Medanta Medicity for Rs 950 crore, or $160 million. Carlyle will ......

MakeMyTrip's Q2 revenue climbs 15.6% as air ticketing business swings to growth; hotel booking continues to outpace

TMT

31 October, 2013

MakeMyTrip's Q2 revenue climbs 15.6% as air ticketing business swings to growth; hotel booking continues to outpace

NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 15.6 per cent rise in revenues less service costs which stood ......

Cloudnine raises $16M in Series B funding led by Sequoia Capital

Healthcare Services

31 October, 2013

Cloudnine raises $16M in Series B funding led by Sequoia Capital

Bangalore-based Kids Clinic India Pvt Ltd, which provides maternity and infant care under the brand Cloudnine, has ......

News Roundup: TPG, Danone in talks to buy 80% in Tirumala Milk for $293M

Others

31 October, 2013

News Roundup: TPG, Danone in talks to buy 80% in Tirumala Milk for $293M

Global private equity giant TPG group and French dairy giant Danone are in advance talks with promoters and investors of ......

Lupin clocks 40% growth in PAT on higher other income; sales up 18% in Q2

Healthcare

30 October, 2013

Lupin clocks 40% growth in PAT on higher other income; sales up 18% in Q2

Mumbai-based pharma major Lupin Ltd has posted a 40 per cent growth in its profit after tax (PAT) for the ......