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Manulife eyes majority stake in IDBI Federal; Shapoorji's solar portfolio on sale

General

08 February, 2018

Manulife eyes majority stake in IDBI Federal; Shapoorji's solar portfolio on sale

Canada’s Manulife Life Insurance Company has emerged as a frontrunner for a majority stake in India-based IDBI Federal Life Insurance ......

Vodafone may exit Indus Towers; HDFC eyes control of GIC-backed Can Fin Homes

General

07 February, 2018

Vodafone may exit Indus Towers; HDFC eyes control of GIC-backed Can Fin Homes

Telecom major Vodafone is in advanced talks to sell its 42% stake in Indus Towers Ltd to tower infrastructure firm ......

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

General

06 February, 2018

IHH, Temasek seek control of Medanta; ArcelorMittal to exit Uttam Galva Steels

Malaysia’s IHH Healthcare Berhad and Singapore state investment firm Temasek are both eyeing a majority stake in Global Health Pvt. ......

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

General

05 February, 2018

Blackstone among suitors for Orchid Pharma; Greenko eyes Essel's solar assets

Private equity giant Blackstone, drugmakers Strides Shasun and Nectar Lifesciences are ahead in the race to acquire debt-laden Orchid Pharma, ......

Kedaara-backed Vedant Fashions eyes IPO; Suneet Weling joins BNP Paribas

General

01 February, 2018

Kedaara-backed Vedant Fashions eyes IPO; Suneet Weling joins BNP Paribas

Vedant Fashions Pvt. Ltd, which sells ethnic wear under the Manyavar brand, is planning an initial sale of shares and ......

ChrysCapital set to buy into Federal Bank unit; Jain Irrigation may list food biz

General

31 January, 2018

ChrysCapital set to buy into Federal Bank unit; Jain Irrigation may list food biz

Homegrown private equity firm ChrysCapital Investment Advisors India Pvt. Ltd is in final negotiations with private-sector lender Federal Bank Ltd ......

Dalmia Bharat on track to buy Kalyanpur Cements; ADIA may open India office

General

30 January, 2018

Dalmia Bharat on track to buy Kalyanpur Cements; ADIA may open India office

Dalmia Bharat Ltd is on course to acquire and revive fellow cement maker Kalyanpur Cements Ltd after lenders approved its ......

Multiples PE targeting $1 bn for third fund; Rabo Equity backs Global Gourmet

General

29 January, 2018

Multiples PE targeting $1 bn for third fund; Rabo Equity backs Global Gourmet

Private equity firm Multiples Alternate Asset Management is looking to raise about $1 billion for its third fund, The Economic ......

VCC Startups Weekly Wrap: Snapdeal sells Vulcan; CarTrade to buy Shriram Automall

General

27 January, 2018

VCC Startups Weekly Wrap: Snapdeal sells Vulcan; CarTrade to buy Shriram Automall

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, has sold its logistics division Vulcan Express to Kishore Biyani-run Future ......

Quess Corp to buy 90% stake in Greenpiece Landscapes

General

25 January, 2018

Quess Corp to buy 90% stake in Greenpiece Landscapes

Fairfax-controlled business services provider Quess Corp will acquire a 90% stake in Greenpiece Landscapes India Pvt. Ltd for up to ......

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