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Abu Dhabi Investment Authority

ADIA-backed GVK faces CBI probe for Mumbai airport fraud

Infrastructure

02 July, 2020

ADIA-backed GVK faces CBI probe for Mumbai airport fraud

India’s federal police have filed a criminal complaint against the chairman of conglomerate GVK Group and others for alleged fraud ......

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Finance

22 June, 2020

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Abu Dhabi state investor Mubadala Investment Co is under-invested in Asia and plans to expand its portfolio in the region, ......

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

TMT

18 June, 2020

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

Reliance Industries Ltd said on Thursday Saudi Arabia’s Public Investment Fund (PIF) will invest Rs 11,367 crore ($1.5 billion) in ......

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ADIA stares at a paper loss as KKR India NBFC's valuation takes a hit

Finance

16 June, 2020

ADIA stares at a paper loss as KKR India NBFC's valuation takes a hit

KKR India Financial Services Ltd, the local lending arm of private equity firm KKR & Co., has marked down its ......

SWFs, pension funds line up for a stake in Kotak Mahindra Bank

Finance

02 June, 2020

SWFs, pension funds line up for a stake in Kotak Mahindra Bank

Uday Kotak, the promoter and single-largest shareholder of Kotak Mahindra Bank Ltd, sold a 2.8% stake in the private-sector lender ......

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Private equity, distressed asset investors bucking the bleak hiring trend

Finance

11 May, 2020

Private equity, distressed asset investors bucking the bleak hiring trend

The coronavirus pandemic may have battered the job market but many private investment firms in India are still looking to ......

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ReNew Power in talks with Indian firm, PE investor to sell solar asset

Infrastructure

18 March, 2020

ReNew Power in talks with Indian firm, PE investor to sell solar asset

Sumant Sinha-led ReNew Power Pvt. Ltd is in discussions with potential buyers to divest a solar energy plant in what ......

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Coronavirus: Which PE portfolio firms are in the line of direct fire?

Consumer

16 March, 2020

Coronavirus: Which PE portfolio firms are in the line of direct fire?

Private equity firms can expect some of their portfolio companies in travel, food, hospitality and entertainment to take a hit ......

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Why Temasek may miss out on India tax sops but GIC can reap a harvest

Finance

04 March, 2020

Why Temasek may miss out on India tax sops but GIC can reap a harvest

In the union budget this year, finance minister Nirmala Sitharaman laid out the red carpet for a section of foreign ......

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How ReNew Power's CPPIB-backed deal for Ostro Energy hit a regulatory wall

Infrastructure

26 February, 2020

How ReNew Power's CPPIB-backed deal for Ostro Energy hit a regulatory wall

Almost two years ago, ReNew Power Pvt. Ltd announced its acquisition of rival Ostro Energy Pvt. Ltd from private equity ......