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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 ......
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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 ......
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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. ......
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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, ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......