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Yes Bank board approves fund raising from Advent, Carlyle

Finance

29 July, 2022

Yes Bank board approves fund raising from Advent, Carlyle

Private sector lender Yes Bank considered and approved proposals for private equity investment at its board meeting held on Friday. ......

Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Manufacturing

27 July, 2022

Advent-backed packaging firm Manjushree Technopack to acquire Hitesh Plastics

Plastics packaging player Manjushree Technopack Limited (MTL), backed by US private equity firm Advent International, has agreed to acquire 100% ......

PE giant Advent mops up $25 bn for its tenth fund

Finance

24 May, 2022

PE giant Advent mops up $25 bn for its tenth fund

Global private equity player, Advent International (Advent) on Tuesday announced the completion of fund-raising for its tenth flagship fund “Advent ......

ChrysCapital, True North, others invest $150 mn in QuEST Global for minority stake

TMT

23 August, 2021

ChrysCapital, True North, others invest $150 mn in QuEST Global for minority stake

Homegrown private equity players ChrysCapital and True North Managers LLP as well as others have invested around $150 million for ......

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

General

23 April, 2021

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

Citibank is exploring the option of selling the credit card vertical of its Indian consumer banking business separately at a ......

Grapevine: Multiples PE to exit Encube Ethicals, promoter may also sell 10% stake

General

05 January, 2021

Grapevine: Multiples PE to exit Encube Ethicals, promoter may also sell 10% stake

Mumbai-based private equity firm Multiples Alternate Asset Management is looking to sell its entire stake of about 10% in Encube ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

Grapevine: IndusInd in fundraising talks with Blackstone, Apax, TPG, Carlyle, others

General

03 April, 2020

Grapevine: IndusInd in fundraising talks with Blackstone, Apax, TPG, Carlyle, others

Hinduja family-backed IndusInd Bank is looking to raise up to $750 million (Rs 5,705 crore at current exchange rate) in ......

Here's counting the zeros on pay cheques of India's best-paid women execs

People

29 November, 2019

Here's counting the zeros on pay cheques of India's best-paid women execs

The exclusive club of the highest-paid women executives in India is dominated by promoters and their relatives contrasting peers on ......

Premium
Top PE funds, European firm in talks to buy stake in Eastern Condiments

Consumer

27 November, 2019

Top PE funds, European firm in talks to buy stake in Eastern Condiments

Spice firm Eastern Condiments Pvt. Ltd, which counts US-based McCormick & Company as a minority shareholder, is in talks with ......