Blackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital in a deal worth up to $480 million
Funds will be used by the company to fuel the further expansion of Impresario's business
Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank
At 09:15 AM, around 38.99 million shares representing 1.2 per cent of total equity of Axis Bank changed hands on the BSE, the exchange data shows.
The government set a target of Rs 3.35 trillion for excise and Rs 2.13 trillion for Customs mop-up for FY23 while presenting the Budget in February
Media reports suggested and were conformed by some industry sources that Bain Capital will dilute a 1.24 per cent stake in the lender worth Rs 3350 crore
The Boston-based buyout firm has been sounding out financing for the potential offer, which could value Polyplex at more than $1 billion including debt
Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India
Toshiba has been soliciting acquisition offers - and other restructuring proposals - as it seeks to end years of mismanagement and mollify activist investors
The PE major has already pumped in over USD 1.2 billion since its entry into the country over a decade ago.
IIFL Wealth Management Ltd. is recommending its clients allocate as much as 10% to the hybrid investments, co-founder and joint Chief Executive Officer Yatin Shah said
Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific
Toshiba's buyout, which has a market capitalisation of almost $18 billion, would possibly be private equity's biggest-ever deal in the country
Bain has sounded out multiple other Toshiba shareholders about teaming up as it prepares to make a buyout offer.
Bain has sounded out multiple other Toshiba shareholders about teaming up as it prepares to make a buyout offer.
Bain has sounded out multiple other Toshiba shareholders about teaming up as it prepares to make a buyout offer.
General Atlantic and billionaire Prem Watsa's company will divest their holdings.
In a chat with Business Standard's Surajeet Das Gupta, Chairman of Bain Capital in India, Amit Chandra says the govt can help build an 'atmanirbhar' and vibrant domestic private equity industry
Some PE fund leaders are making a strong pitch to the government for a policy framework to encourage the growth of a vibrant, "atmanirbhar" domestic private equity industry to rival that of China
Bain Capitalis looking forward to investing even more in the country and the next decade will be very important for both India and the US to work together to build businesses on a global basis