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Carlyle's second-quarter earnings fall less than expected

Finance

30 July, 2020

Carlyle's second-quarter earnings fall less than expected

Carlyle Group Inc reported a smaller-than-expected 7% on-year drop in second-quarter distributable earnings on Thursday, as profits in its private ......

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 ......

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Advent International poised to take control of another drugmaker

Healthcare

24 July, 2020

Advent International poised to take control of another drugmaker

Private equity firm Advent International is set to strike its second deal within a year for a controlling stake in ......

Lee to be sole Carlyle CEO as Youngkin steps down

Finance

21 July, 2020

Lee to be sole Carlyle CEO as Youngkin steps down

Carlyle Group Inc said on Tuesday that Glenn Youngkin will step down as co-chief executive to dedicate himself to public ......

State Bank of India veteran to take over as SBI Card CEO

Finance

16 July, 2020

State Bank of India veteran to take over as SBI Card CEO

SBI Cards & Payments Services Ltd has appointed Ashwini Kumar Tewari as its managing director and chief executive officer, India’s ......

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Healthcare PE deals climb in April-June, M&As maintain pace

Healthcare

15 July, 2020

Healthcare PE deals climb in April-June, M&As maintain pace

The number of private equity deals in India’s healthcare sector rose in the April-June period to their highest level in ......

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

General

09 July, 2020

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

Tata Sons, the holding company of the Tata group, is in talks to buy out AirAsia Berhad’s 49% stake in ......

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Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Healthcare

09 July, 2020

Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Private equity firm Carlyle has agreed to buy a fifth of Piramal Enterprises Ltd’s pharmaceutical business at some discount but ......

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PE volumes touch new low in January-June as coronavirus worsens sentiment

Finance

07 July, 2020

PE volumes touch new low in January-June as coronavirus worsens sentiment

Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......

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After three new India bets, Carlyle exits healthcare services firm

Healthcare

03 July, 2020

After three new India bets, Carlyle exits healthcare services firm

Private equity firm The Carlyle Group, which made three new India investments over the past two months, has fully exited ......