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Exclusive: NIIF plans second fund-of-funds to raise nearly $1 bn

General

08 May, 2023

Exclusive: NIIF plans second fund-of-funds to raise nearly $1 bn

The Indian government-backed alternative investor National Investment and Infrastructure Fund Ltd (NIIF) is in initial ......

Sensex, Nifty end higher as financials rebound from Friday's fall

General

08 May, 2023

Sensex, Nifty end higher as financials rebound from Friday's fall

India's key benchmarks advanced over 1% on Monday, helped by a recovery in financials, strong earnings, and on ......

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

General

08 May, 2023

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

Homegrown private equity firm WestBridge Capital, which has made some larger bets in the past including those in names ......

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a ......

Financials lead gains for Sensex, Nifty on weekly expiry

Finance

04 May, 2023

Financials lead gains for Sensex, Nifty on weekly expiry

Financials and metals led shares to close higher on Thursday, with a slate of strong earnings and sustained buying by ......

Grapevine: Apax, Temasek frontrunners in PE style deals

General

04 May, 2023

Grapevine: Apax, Temasek frontrunners in PE style deals

Private equity firm Apax Partners has emerged as the frontrunner to pick up a minority stake in IBS Software from ......

Struggling IT shares weigh on Sensex, Nifty ahead of Fed meet

General

03 May, 2023

Struggling IT shares weigh on Sensex, Nifty ahead of Fed meet

Shares declined on Wednesday, dragged by information technology (IT) stocks, as caution prevailed across markets ahead ......

JSW Steel USA plans to invest $145 mn to ramp-up US ops

General

03 May, 2023

JSW Steel USA plans to invest $145 mn to ramp-up US ops

JSW Steel Ltd on Wednesday said its subsidiary, JSW Steel USA, is set to invest $145 million in a series ......

Grapevine: GIC may back Pixxel; Birla Tyres gets two bids

General

02 May, 2023

Grapevine: GIC may back Pixxel; Birla Tyres gets two bids

Bengaluru and Los Angeles-based spacetech platform Pixxel is in discussions with Singapore's GIC, Google and ......

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

General

01 May, 2023

Grapevine: Tiger Global exits Freshworks; Cred's Shah taps GIC for new NBFC

Tiger Global, one of the most active venture capital backers in India over the past decade, has made its second ......

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