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Finance
Ambit to sell stake in ARC joint venture with JC Flowers to local, foreign firms
Ambit Pvt. Ltd is set to exit its asset reconstruction joint venture with US-based JC Flowers & Co. by selling ......
Infrastructure
Why GMR Airports' original PE backers may lose out a tad in latest deal
In December 2015, GMR Infrastructure Ltd agreed to buy back the stake of private equity investors in its airports unit. ......
TMT
Xander scores benchmark returns in exit from listed multiplex chain
Real estate-focussed investment firm Xander Group Inc has scored benchmark returns after fully exiting India’s largest multiplex...
Economy
Policy Tracker: Why Indian students seem to be getting the rough end of the stick
The Bharatiya Janata Party (BJP) made some ambitious promises in its manifesto for the 2014 general elections. One notable pledge...
Consumer
LGT, Aspada-backed Waycool acquires ready-to-cook eatables brand
Waycool Foods & Products Pvt. Ltd, which operates an omnichannel fresh-produce distributor, has acquired a majority stake...
Infrastructure
Blackstone in talks with Kolkata developer for breakthrough deal
Alternative investment giant Blackstone is in talks with a Kolkata company that could translate into a one-of-its-kind platform-style...
Finance
US pension fund tops up LP commitment to True North's sixth private equity vehicle
Homegrown private equity firm True North has received a follow-on investment for its sixth fund from one of its existing ......
TMT
Nexus Venture Partners, Omnivore to invest in agri-tech startup
Homegrown venture capital firm Nexus Venture Partners and impact investor Omnivore have bet on an agricultural-technology startup,...
Finance
Exclusive: Evolvence India Fund may come in as LP for healthcare-focussed PE firm
Evolvence India Fund is in advanced talks to make Limited Partner (LP) commitments to a healthcare-focussed private equity firm,...
Finance
Non-bank lender BlackSoil Capital raises debt funding
Mumbai-based non-banking financial company BlackSoil Capital Pvt. Ltd has raised money from high-net-worth individuals (HNIs)...
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