Page 2 - Kkr

KKR arm, Singtel gets CCI's approval to acquire stake in STT GDC

The Competition Commission of India (CCI) on Tuesday cleared KKR-affiliate Ruby Asia Holdings II and Singtel's proposal to acquire a stake in STT GDC. ST Telemedia Global Data Centres (STT GDC) is a wholly-owned subsidiary of Singapore Technologies Telemedia. STT GDC through its indirect subsidiary STT Global Data Centres India Pvt Ltd (STT GDC India) provides critical services, including high-quality colocation, connectivity, and round-the-clock support services. Global investment firm KKR through its arm Ruby Asia Holdings II is acquiring a stake in the company. "Commission approves acquisition of shares of STT GDC Pte Ltd by Ruby Asia Holdings II Pte Ltd and Singtel Interactive Pte Ltd subject to compliance of certain voluntary commitments submitted by the parties," CCI said in a release. Singtel Interactive Pte (Singtel) is a wholly-owned subsidiary of Singtel Telecommunications Ltd. The Singtel Group is an Asian communications technology group, operating connectivity, digita

Here's why Kolkata Knight Riders could retain Shreyas Iyer in IPL auction

With the deadline to submit the list of retained players on October 31, reports suggest that Shreyas Iyer is most likely to be retained by Kolkata.

IPL 2025 Auction: Shreyas Iyer unlikely to be retained by KKR

Iyer is now unlikely to feature on KKR's retention list, which will be submitted to the BCCI on Thursday evening.

Dwayne Bravo sends special message to CSK fans after joining KKR as mentor

Kolkata Knight Riders announced former West Indies all-rounder Bravo as the franchise's new mentor, succeeding Gautam Gambhir, ahead of the Indian Premier League (IPL) 2025.

Nomura, Mizuho leading bidders for majority stake in Avendus Capital

KKR and Avendus management are working together on the sale, the people said

KKR's Agrawal calls industrial infra 'next big thing' in asset class

Data centers and logistics have been big plays for alternative asset managers in real estate and infrastructure as they look to capitalize on long-term trends

Torrent Pharma seeks to raise $3 bn for KKR's stake in JB Chemicals

Deliberations about the stake purchase are ongoing and no final decisions have been made, the people said. Other bidders may still remain interested in acquiring the stake, the people said

KKR's second-quarter net income soars by 49% to $972 million on higher fees

KKR's shares were up 3.72 per cent at $124.25 early on Wednesday, giving the private equity group a market value of about $110 billion

I had skills but Gautam bhai changed my mindset in KKR, says Harshit Rana

"Delhi mein dil tooth sakta hai par humne kabhi hausla nahi haraa (You can get hurt in Delhi but I never lost hope)." These were an emotional Harshit Rana's first words after learning about his maiden call-up in the Indian ODI team comprising icons Virat Kohli and Rohit Sharma. The 22-year-old speedster from Delhi's South Extension, who did the tough grind since the junior levels, often got overlooked, but one stellar IPL season of 19 wickets in Kolkata Knight Riders' triumphant campaign brought him into the national reckoning. "I believed in working hard but whenever I used to get hurt after being overlooked in age-group teams, I would sit in my room and start sobbing. My father Pradeep never ever gave up hope. "If I have to name three people whom I am indebted to in this beautiful journey of mine, then it is my father for his efforts, my personal coach Amit Bhandari sir (former India and Delhi pacer) and above everyone else Gauti bhaiyya (Gautam Gambhir)," Rana told PTI during an

KKR seeks $20 billion for its new North America private equity fund

The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds

KKR-SingTel consortium leads race for $1 bn stake in data centre provider

A deal could be sealed or announced in early June, the first source added

KKR players spend night in Varanasi after flight diverted multiple times

Kolkata Knight Riders players had a harrowing experience as they were forced to spend a night at Varanasi after their flight from Lucknow to Kolkata was diverted multiple times due to bad weather. Following their massive 98-run win over Lucknow Super Giants on Sunday, the Shreyas Iyer-led side left on Monday evening for Kolkata at 5:45pm. The team was scheduled to arrive at 7.25pm. But the charter flight had to be diverted to Guwahati first and then to Varanasi after adverse weather conditions made it impossible to land the plane in Kolkata. The KKR media team provided an update at 8.46pm, saying, "Due to inclement weather over Kolkata, the KKR charter flight has been diverted to Guwahati. We've just landed here." Then another update at 9.43pm said, "We've got clearance to fly back to Kolkata now, from Guwahati. Estimated arrival: 11pm." However, the ordeal was not over for the players and support staff as multiple attempts to land the flight failed, forcing the officials to diver

KKR acquires Bengaluru-based medical devices company Healthium MedTech

According to sources close to the deal, the value of the acquisition is Rs 6,500-7,000 crore

KKR to acquire Bengaluru-based medical device maker Healthium from Apax

The investment will be made through KKR's Asian Fund IV, according to Monday's statement, which didn't disclose financial details

ADIA, KKR invest Rs 12,864 crore in Reliance Retail warehousing assets

This investment is separate from the infrastructure investment trust (InvIT) established by RRVL last year, which was intended to accommodate approximately half of its retail warehousing assets

KKR bets on domestic consumption story, private credit in India push

KKR has deployed about $11 billion in India over almost two decades, where it has invested in companies across healthcare, life sciences, technology services and consumer-focused sectors

KKR said to consider $1 billion acquisition of Healthium Medtech: Report

Apax Partners, which bought Healthium in 2018, has been working with advisers to gauge interest in the business, the people said

KKR vs RCB, IPL 2024: Kohli hits out at umpires over controversial decision

KKR's pacer Harshit Rana bowled a full toss to Kohli in the third over of the innings which seemed like an over-the-waist no ball but the batter was given out

IPL 2024: CSK vs KKR Playing 11 - Chennai make three changes in their XI

Deepak Chahar missed the match due to niggle while Matheesha Pathirana was not available for selection. Shardul Thakur, Sameer Rizwi and Mustafizur Rahman were the three changes in CSK's Playing 11

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l

KKR could seek a valuation of about $1 billion for its majority stake, the people said