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Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

General

06 February, 2019

Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

Bengaluru-headquartered Jana Small Finance Bank Ltd has raised Rs 300 crore ($42 million at current exchange rate) from Centrum...

UK approves fugitive businessman Vijay Mallya's extradition to India

General

05 February, 2019

UK approves fugitive businessman Vijay Mallya's extradition to India

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office...

Albéa, Blackstone eye Essel Propack; Baring PE Asia may take control of NIIT Tech

General

04 February, 2019

Albéa, Blackstone eye Essel Propack; Baring PE Asia may take control of NIIT Tech

French packaging company Albéa and private equity giant Blackstone Group are in advanced talks to acquire a controlling...

Temasek, Tata PE fund look to exit Tata Sky; Bidvest to fly out of Mumbai airport

General

01 February, 2019

Temasek, Tata PE fund look to exit Tata Sky; Bidvest to fly out of Mumbai airport

Singapore state investment firm Temasek Holdings and Tata Opportunities Fund have started a process to sell their stake in direct-to-home...

Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands

General

31 January, 2019

Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands

Online food delivery and restaurant discovery company Zomato Media Pvt. Ltd is seeking to sell its business unit in the ......

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

General

30 January, 2019

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......

Hero FinCorp may win three-horse race for Aadhar Housing Finance

General

29 January, 2019

Hero FinCorp may win three-horse race for Aadhar Housing Finance

Hero FinCorp is likely to emerge winner of the three-horse race for Aadhar Housing Finance, people in the know told ......

Security and Intelligence Services to buy 60% in Henderson for Singapore entry

General

28 January, 2019

Security and Intelligence Services to buy 60% in Henderson for Singapore entry

Security and Intelligence Services (India) Ltd has agreed to buy a 60% stake each in Singapore-based Henderson Security Services...

Brookfield hires Apax exec; Canadian funds, NIIF eye GIP's road platform

General

28 January, 2019

Brookfield hires Apax exec; Canadian funds, NIIF eye GIP's road platform

Canadian investment firm Brookfield Asset Management has hired Aditya Joshi, a principal in Apax Partners’ healthcare team,...

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

General

25 January, 2019

Veteran Citi dealmaker Pramit Jhaveri gets Asia-Pac role; SSG bids for Uttam Galva assets

Citibank India CEO Pramit Jhaveri has been named the vice-chairman of the company’s banking, capital markets and advisory...

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