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Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......

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Grapevine: Blackstone in race for hospital chain; Ranjan Pai eyes e-commerce bet

General

14 August, 2023

Grapevine: Blackstone in race for hospital chain; Ranjan Pai eyes e-commerce bet

Private equity major Blackstone, which is stitching a rare healthcare services deal in India, is in the fray to snap up another hospital chain, a media report said.  Blackstone is seeking ......

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Grapevine: Adani may exit Wilmar JV; Blackstone looks to sell realty assets

General

09 August, 2023

Grapevine: Adani may exit Wilmar JV; Blackstone looks to sell realty assets

Billionaire Gautam Adani-led Adani Enterprises Ltd is looking to sell its stake in its joint venture with Singapore’s Wilmar International, a media report said.   Adani Enterprises has ......

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Decoding the changing shades of India's private credit market

Finance

07 August, 2023

Decoding the changing shades of India's private credit market

India’s private credit market is showing signs of a shift in focus areas and of excess supply, as a growing ......

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Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

General

04 August, 2023

Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board

Global private equity major Blackstone is eyeing a pharma deal in the country and is likely to submit a non-binding ......

Apollo Global's Q2 earnings surge 75% on upbeat annuities business

Finance

04 August, 2023

Apollo Global's Q2 earnings surge 75% on upbeat annuities business

Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in ......

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Blackstone set to mark healthcare deal in India after nearly two decades

Healthcare

01 August, 2023

Blackstone set to mark healthcare deal in India after nearly two decades

Private equity major Blackstone is close to striking its debut healthcare service investment in India, its third bet overall in ......

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Brookfield to seal Mumbai realty deal stuck for years after marquee bidders back out

Infrastructure

27 July, 2023

Brookfield to seal Mumbai realty deal stuck for years after marquee bidders back out

Canadian alternative investment firm Brookfield Asset Management Inc. is in advanced talks to close a transaction for the acquisition of a ......

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Byju's test prep unit Aakash loses two more board members

People

10 July, 2023

Byju's test prep unit Aakash loses two more board members

Two independent directors of Byju’s subsidiary Aakash Educational Services Ltd have resigned from the test prep firm's board, two people ......

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How will PE investments in India's real estate sector play out in the near term?

Infrastructure

03 July, 2023

How will PE investments in India's real estate sector play out in the near term?

The pace of investments by new foreign private equity firms in India’s real estate sector will likely remain tepid in ......