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Grapevine: Warburg, Kedaara eye Watertec; Actis, KKR look at Macquarie road assets
Warburg Pincus and Kedaara Capital are in separate discussions to acquire Watertec India, a domestic bathroom fittings ......
General
Ferrari fever? Classic cars roar into investment funds
In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea ......
General
Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry
Private equity firm KKR has signed agreements to acquire a toll road from Hyderabad-based Navayuga group, a media report......
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Grapevine: Blackstone to sell stake in IBS; Former Godrej Properties CEO's new venture
Private equity groups Apax Partners, CVC Capital and Thomas H. Lee Partners (TH Lee) are vying to acquire a minority ......
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Grapevine: Vedanta may raise up to $2 bn; Nalwa highest bidder for McNally Bharat
US hedge fund Farallon Capital Management is in advanced negotiations to provide $1.5-2 billion funding to Vedanta, The ......
Economy
IMF slashes India growth forecast for FY24
The International Monetary Fund (IMF) said on Tuesday that it expects India's economy to grow 5.9% in the current ......
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Grapevine: Brookfield's biggest green bet in India; OfBusiness forays into food processing
Canadian investor Brookfield has agreed to invest $1 billion (around Rs 821 crore) in Avaada Ventures in what will be ......
General
Grapevine: Blackstone-backed Nexus REIT readies IPO; Indiabulls taps Oaktree to buy loans
Global private equity major Blackstone Group-sponsored Nexus Select Trust REIT, India’s maiden real estate investment ......
General
Grapevine: SP Group set to raise $1.75 bn; Dunzo fires staff after fundraise
The Shapoorji Pallonji (SP) Group, the single largest shareholder of Tata Sons, is in talks to raise $1.75 billion by ......
General
Grapevine: HZL unlikely to buy Vedanta's zinc business; RK Swamy to launch IPO
Facing strong opposition from the government, Hindustan Zinc Ltd (HZL) is unlikely to act on the proposal to buy parent ......
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