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Grapevine: Buyout funds circle Wockhardt; Comcast consortium eyes Zee Entertainment

General

04 July, 2019

Grapevine: Buyout funds circle Wockhardt; Comcast consortium eyes Zee Entertainment

Buyout funds Apax Partners, Blackstone, Carlyle and KKR are in talks with Wockhardt Ltd, one of India’s oldest drug makers,...

TPG raises nearly $14 bn for global buyout, healthcare funds

Finance

03 July, 2019

TPG raises nearly $14 bn for global buyout, healthcare funds

Private equity firm TPG has raised a little less than $14 billion for its flagship global buyout fund and a ......

RBI may soon get power to regulate housing finance companies

Finance

03 July, 2019

RBI may soon get power to regulate housing finance companies

The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will...

India's services activity contracts in June for first time in a year

General

03 July, 2019

India's services activity contracts in June for first time in a year

India’s dominant services activity contracted for the first time in more than a year in June, dragged down by slowing ......

Wilful defaults in India cross $21 bn in 2018-19

Finance

02 July, 2019

Wilful defaults in India cross $21 bn in 2018-19

India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...

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Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

Consumer

02 July, 2019

Value Lens: Why Lemon Tree's purchase of Keys Hotels appears pricey

In March last year, Lemon Tree Hotels Ltd became the first hotel chain in India to float an initial public ......

Multi-family office Waterfield hires Citi banker as managing director

Finance

02 July, 2019

Multi-family office Waterfield hires Citi banker as managing director

Multi-family office and boutique advisory firm Waterfield Advisors has appointed former Citibank banker Ruchi Sankhe as its managing...

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Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so...

Facing heat, Moody's India arm ICRA sends managing director on indefinite leave

Finance

02 July, 2019

Facing heat, Moody's India arm ICRA sends managing director on indefinite leave

The board of ratings agency ICRA has asked managing director and chief executive Naresh Takkar to go on indefinite leave ......

Grapevine: Mirae Asset leads race for Citi's BKC office; VC firms to bet on Khatabook

General

02 July, 2019

Grapevine: Mirae Asset leads race for Citi's BKC office; VC firms to bet on Khatabook

South Korea’s Mirae Asset Global Investment is leading a race to buy Citibank India’s former headquarters at Mumbai’s...

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