Earlier in the week, Emami and Sterlite Technologies also disclosed their intention to buyback shares
Uncertainty over the impact of Covid-19 is expected to act as a significant headwind to Indian PE/VC investments
Now, True North is focussed on growing Integrace by buying other products, divisions or smaller companies. Integrace is clocking a 12-15 per cent growth
The Board of Directors of Apollo Tyres Ltd approved the issuance of compulsorily convertible preference shares in the company
After a record-setting 2019, PE/VC investments in 2020 are off to a good start, said Vivek Soni
In all, 153 firms participated with 182 different roles for the 2020 batch, with McKinsey & Co and BCG leading the pack with 27 and 23 offers, including PPOs
Thirty seven private equity firms raised $7.9 billion in 2019, up 47 per cent over the previous year
The energy industry led by Brookfield's $1.9 Billion investment in Reliance Pipeline Infra also saw a growth in investments.
PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average
Private equity investments witnessed a robust yearly growth in October with 72 PE deals garnering around USD 3.7 billion, even as merger and acquisition activity saw a downtrend, a report said on Thursday. According to Grant Thornton's monthly PE Dealtracker, private equity/venture capital transactions reported 22 per cent and 25 per cent increase in deal volumes and values, respectively as compared to October 2018. The rise in PE deal values was largely driven by the corporate tax rate cut, which has improved both investor sentiment and confidence. Last month, the average deal size stood at USD 52 million, up from USD 28 million recorded in September 2019. "There were 72 deals aggregating to USD 3.7 billion reported in October 2019. Upbeat PE/VC activity during the month offsets the shortfall in merger and acquisition (M&A) activity," Pankaj Chopda, Director, Grant Thornton India LLP said. "The key investments were primarily to pare debt, expand markets and capitalise on ...
Didn't expect promoters to 'hollow out' firms, says India head Sanjay Nayar
The PE fund's exposure is primarily focused on infra projects (where it invested $10 billion) and real estate (around $4 billion)
Sanaka will initially invest Rs 308 crore, and a further Rs 217 crore on a later date if talks are successful
The bank is in dire need of capital to not only provide for bad assets but also for growth
The deal flow in 2019 has been good with each successive quarter being better than the preceding one
Jungle is scouting for companies in India which have an opportunity to scale their business into Southeast Asia and globally
Commercial real estate received close to $3 billion funds in the first three quarters of 2019 as against $2.1 billion in the corresponding period of the previous year
The investment interest comes as Indian drugmakers are focusing on specialty products, while relying extensively on Chinese imports for basic ingredients and other raw materials used in medicines
Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales
US-based private equity firm Advent International will put in Rs 1,000 crore via its affiliate Jomei Investment Limited