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Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

General

16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......

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Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Finance

13 September, 2024

Blackstone weighs VFS stake sale; foreign bank seen scouting for buyers

Blackstone, the world’s biggest private equity firm, is looking to monetise its three-year-old bet on global visa processing company VFS ......

Citigroup to beef up India I-banking headcount amid surge in deals

People

17 July, 2024

Citigroup to beef up India I-banking headcount amid surge in deals

Citigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in equity capital market ......

Hyundai India IPO bankers set for big payday with $40-mn fee

Manufacturing

26 June, 2024

Hyundai India IPO bankers set for big payday with $40-mn fee

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......

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Grapevine: Investors put Yes Bank on the block; Dr Agarwals Healthcare eyes IPO

General

14 March, 2024

Grapevine: Investors put Yes Bank on the block; Dr Agarwals Healthcare eyes IPO

Major shareholders of private lender Yes Bank Ltd are aiming to sell up to a 51% stake, and have engaged ......

Wealthy families pile into bonds, private equity while shedding stocks

Finance

12 September, 2023

Wealthy families pile into bonds, private equity while shedding stocks

Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their ......

Bain-backed Brillio gets funding from Citigroup ex-CEO Vikram Pandit's firm

TMT

05 September, 2023

Bain-backed Brillio gets funding from Citigroup ex-CEO Vikram Pandit's firm

Digital consulting company Brillio, which is backed by private equity firm Bain Capital, has secured capital from New York-based The ......

Citigroup's Asia family office clients poised to grow 25% in 2023

Finance

04 August, 2023

Citigroup's Asia family office clients poised to grow 25% in 2023

Citigroup's Asia family office business expects a 25% increase in clients this year, the U.S. bank's regional head of its ......

Global M&As plunge in April-June but dealmakers see green shoots

Finance

30 June, 2023

Global M&As plunge in April-June but dealmakers see green shoots

Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism ......

Goldman Sachs cutting more than 30 Asia investment banking jobs

Finance

15 June, 2023

Goldman Sachs cutting more than 30 Asia investment banking jobs

Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, ......