KKR infuses $150 million 'confidence' capital in India NBFC arm
This is the second time the parent is infusing ‘confidence’ capital after putting in $100 million in 2009, when the PE group launched its credit business in India in what was then hailed as a pioneering strategy. Till date its other investors Abu Dhabi Investment Authority (ADIA) and Texas Teacher Retirement System have each infused $100 million.
Beating diabetes one marathon at a time: Sumanth Cidambi on how running helped him take control of his health
Director of KKR India Financial Service was diagnosed as diabetic when he was 34.
Everstone to invest $50 million in KKR-backed Slayback Pharma
Everstone joins existing institutional investor KKR, who first invested in Slayback with a $60 million commitment in December 2016.
Ramky Enviro looks to triple revenue in 3 years
“We are eying to triple our revenues over the next three years as projects involving investments of over Rs 2,700 crore will take off with significant revenue contributions,” Ramky Enviro Engineers (REEL) CEO and managing director M Goutham Reddy told.
KKR, Apax Partners in race to buy significant stake in CCD
KKR and Apax Partners are now conducting due diligence of the coffee chain as they are the only ones left in the race for stake in CCD. "After an analysis, the company (CDEL) had arrived at an amount that needs to be invested if CCD were to survive and those who opted out were not willing to commit the requisite amount," said a person involved.
Coffee Day jumps 5% as KKR, Apax Partners in race to pick significant stake
Following the development, the stock jumped 5 per cent to hit a high of Rs 42.05 on BSE.
How KKR is betting on green future in India
KKR is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group for Rs 1,500-1,750 crore.
On Expected Lines: Cummins becomes IPL’s most expensive overseas buy ever
All the big buys of the day were all on expected lines. To Pat Cummins, who was bought for a whopping Rs 15.50 crores by Kolkata Knight Riders (KKR), first. KKR were content to see the others raise the price and as Venky Mysore, the CEO, said, “We were aware that post Rs 14.5 crores there will be a lull and our plan was to get in there and close the deal.
Blackstone, KKR, Bain among PE cos in talks to buy Granules India
The investor relations team at Granules India denied the promoters are seeking to sell their stake.
KKR India CEO Sanjay Nayar quits Coffee Day board
CDEL reported a 0.17% decline in revenue to Rs 988 crore.
KKR's NBFC head BV Krishnan quits
“BV Krishnan has played an important role in helping us build a great franchise. Looking ahead, KKR remains committed to the Indian market for the long-term,” said a company spokesperson.
KKR-backed EuroKids in talks to buy Kidzee for Rs 1,200 crore
The deal, if it goes through, will help Essel Group further deleverage its balance sheet.
BoB-led lenders, JBF Industries to sign inter-creditor pact
Bank of Baroda had filed an insolvency resolution petition against the maker of polyester-based products at the Ahmedabad bench of the National Company Law Tribunal in September.
Rose Valley ponzi scam: ED grills, records statement of KKR CEO
The ED had registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others in 2014 under the PMLA. Kundu was arrested by the agency in Kolkata in 2015. Multiple charge sheets have been filed by the ED in courts in Kolkata and Bhubaneswar in this case.
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