Jaden Mathew Paul

Advent to invest $175 million in animal health drugmaker Felix Pharma

The deal, which includes both primary and secondary transactions, positions Felix to accelerate its global ambitions as a differentiated player in the nascent but expanding companion animal generics

L&T raises Rs 500 cr through first listed ESG bond under new Sebi norms

Larsen & Toubro issues Rs 500 crore ESG-linked bond, the first listed deal under SEBI's new framework, setting benchmarks for transparency and sustainability in India's bond market

Adani Group firms' tax contributions rise 29% to Rs 74,945 cr in FY25

Conglomerate says voluntary disclosure 'demonstrates its commitment to transparency'

Adani Airports raises $750 mn from global banks to finance expansion

External commercial borrowings will be used to refinance debt and improve six airports as company seeks to triple passenger capacity by 2040

KKR lends $600 million to Manipal Group in its largest credit investment

The capital was arranged by KKR Capital Markets and is being anchored by the firm's private credit and insurance platforms

L&T gears up for nuclear entry, to focus on small modular reactors

Company is actively scouting for global technology partners in the US and Europe

Adani commits $15-20 billion annual capex over the next five years

Gautam Adani pledges $15-20 billion in yearly investments over five years, asserting global governance standards as US probes Adani Green's compliance

IVCA urges legacy VCFs to act fast on Sebi's one-time migration window

The new SEBI framework grants legacy venture capital funds a one-time migration window with fee waivers and simplified re-registration under the AIF regime

PAG elevates India head Nikhil Srivastava to co-head of private equity

Nikhil Srivastava, who currently leads PAG's India PE arm, has been named co-head of private equity and joins the firm's management committee amid a leadership transition

India VC deals rise 19%, funding up 20% in early 2025: GlobalData

India's VC ecosystem grew strongly in early 2025 with deal volumes up 19% and funding up 20%, bucking the global trend of slowdown in markets like China and the UK

L&T board pay jumps two-fold in FY25, employee headcount shrinks 1.4%

The median remuneration for key managerial personnel (KMP) rose 7.7 per cent to ₹1.85 crore, with one executive listed under this category

Multiples closes $430m continuation fund in landmark secondary deal

Multiples Alternate Asset Management secures $430 million to retain key holdings in Vastu, Quantiphi and APAC Financial while offering liquidity to Fund II investors

Blackbox Q4FY25 net profit rises 47.8% to ₹60.47 crore on deal wins

Blackbox Q4 profit jumps 47.8% to ₹60.47 crore on new contracts, higher margins and operational focus, though annual revenue slips due to strategy shift

Quadria closes $1.07 bn healthcare fund, seeks growth in India and S Asia

Singapore-based company says it has largest dedicated healthcare PE fund for South and Southeast Asia

We are sowing the seed for the future, says L&T's Subramanian Sarma

A few weeks ago, we had a meeting with the Ministry of Power and the minister was talking about adding 30 gigawatt (Gw) of additional thermal power capacity in India as the demand is rising

RIL, Adani, Vedanta pledge ₹1.55 trillion investment in Northeast India

PM said the first Made-in-India chip from a Northeast-based semicon plant will soon be introduced

360 ONE Asset launches Rs 500 cr VC fund to tap early-stage startups

360 ONE Asset's Rs 500 crore VC fund will invest in seed and Series A startups across sectors including AI, fintech, spacetech, defence, and precision manufacturing

L&T bags govt contracts worth up to Rs 5,000 cr in Delhi, Andhra Pradesh

L&T wins government-backed EPC orders for buildings in Delhi and Andhra Pradesh, worth Rs 2,500-5,000 crore, with both projects to be completed in 18 months

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T posted a 25 per cent YoY rise in Q4 net profit to Rs 5,497.3 crore, driven by strong revenue, record order inflows and an exceptional gain from asset impairment reversal

Avendus raises Rs 1,000 cr in first close of third structured credit fund

Avendus Structured Credit Fund III secures Rs 1,000 crore in first close as investors seek tailored private debt with target IRRs of 16-18 per cent amid lending constraints