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Carlyle's distributable earnings take a hit after lower asset sales in Q2

General

02 August, 2023

Carlyle's distributable earnings take a hit after lower asset sales in Q2

Private equity firm Carlyle Group Inc reported on Wednesday that its second quarter distributable earnings fell 26% year......

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Grapevine: ChrysCapital eyeing pharma sector buy; Euler Motors may sell mobility vertical

General

02 August, 2023

Grapevine: ChrysCapital eyeing pharma sector buy; Euler Motors may sell mobility vertical

Homegrown private equity firm ChrysCapital, which has backed many publicly listed companies such as Infosys and HCL ......

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Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

General

01 August, 2023

Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

British bank Barclays Plc is reshuffling its India and Hong Kong teams after the departure of two senior executives, a ......

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Lighthouse Canton adds new LP for its LC Nueva fund

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31 July, 2023

Lighthouse Canton adds new LP for its LC Nueva fund

Singapore-based investment firm Lighthouse Canton has added a new limited partner for its early-stage fund, LC Nueva ......

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Grapevine:  Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

General

31 July, 2023

Grapevine: Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

The Nirma Group has emerged as the frontrunner to acquire a subsidiary of Glenmark Pharmaceuticals, a media report said......

Sensex, Nifty fall for second session as IT, financial stocks drag

General

28 July, 2023

Sensex, Nifty fall for second session as IT, financial stocks drag

Indian shares extended losses for the second straight session on Friday, snapping a four-week winning streak, dragged by......

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Grapevine: Warburg eyes Brookfield's IT services bet; Concord, Manappuram arm gear up for IPOs

General

28 July, 2023

Grapevine: Warburg eyes Brookfield's IT services bet; Concord, Manappuram arm gear up for IPOs

Private equity firm Warburg Pincus is in advanced talks to acquire an IT services business owned by Brookfield Asset ......

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Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

General

27 July, 2023

Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

P-Sanjiv Goenka Group and Dorf Ketal have joined the race to buy a Pune-based speciality chemicals company at a ......

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Grapevine: RIL retail arm likely to fetch Middle East investment; ARCs to bid for distressed Vidarbha Power

General

26 July, 2023

Grapevine: RIL retail arm likely to fetch Middle East investment; ARCs to bid for distressed Vidarbha Power

Mukesh Ambani-led Reliance Industries’ retail arm, which was recently valued at $92-96 billion, is likely to get a new......

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Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

General

25 July, 2023

Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

The Adani Group-owned cement companies Ambuja-ACC and JK Lakshmi Cement are in the fray to acquire an Ahmedabad-......

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