Bank of Singapore, global PEs vie for stake in Edelweiss arm
Bank of Singapore and several global PE funds are in race to acquire a stake in EGIA
Realtors, PEs borrow by showing rent as cash flow
The latest loan of Rs 2,250 crore was picked up by Blackstone for the Indiabulls property a...
At 20-year lows and single-digit PEs, these stocks are worth a look
Some analysts on Dalal Street feel the selloff in this pocket is unwarran...
PEs in talks for Emcure stake; promoters eye $2 billion valuation
JM Financial is advising the company for the stake sale.
Apax Partners, other PEs in talks to buy CSS
A clutch of private equity funds, including Apax Partners and Kedaara Capital, are in early stages of discussions to acquire US-headquartered IT and services (ITES) company CSS Corp.
Global PEs, realty cos oppose 'force majeure' call as commercial complexes operational
Global private equity players with large portfolio of Indian office space and their local real estate partners are unlikely to heed to a growing chorus of companies and retailers asking for invocation of 'force majeure' clauses after the coronavirus pandemic disrupted economic activity.
Global PEs eye stake in OmniActive
Global private equity investors Goldman Sachs, L Catterton and TPG are in early stages of discussion to acquire a minority stake in Mumbai-based nutraceutical ingredients player OmniActive Health Technologies.
Banks, PEs and NBFCs line up for DHFL's retail book
Fourteen entities is in talks with the administrator of bankrupt mortgage lender, adviser EY.
Watsa-backed Digit raises $84m from domestic PEs
This is the first external round of funding for the three-year-old company which was launched by insurance industry veteran Goyal in 2017, along with Watsa’s Fairfax Holdings.
PEs, VCs want pension fund money in startup funds
India’s EPFO, which has a corpus in excess of Rs 10 lakh crore, is allowed to invest in government debt, corporate debt and public sector undertakings, but is barred from making equity investments. Similarly, the National Pension Scheme can only invest in listed equities.
Indian MFs play on stories, have zero respect for valuations, says industry leader
The industry veteran said a time horizon of 3-5 years is not right for equities.
Private equity faces a big blow as many bets could unravel
Chinese tech investors have put in an estimated $4 billion into Indian startups over the past two years. In addition, global buyout firms such as TPG, KKR, Carlyle and Blackstone have 20% to 35% allocation coming from the LPs based out of China or Hong Kong.
Avoid selling unless Nifty breaks beyond 11,100
Technical analysis of the ratio of midcap-nifty50 PEs suggests that the expensive valuation argument for midcaps may be over.
HUL enters global top-15 FMCG league
At $71 billion, HUL’s market capitalisation is more than half of its parent Unilever’s market value. Their market cap ratio of 0.54 is at a record high.
PEs exit Micromax via buyback, valuation crashes 93% in 4 years
PE players are selling 6.9% in the company for Rs 93.65 crore to the promoters, whose holding will increase to more than 85%, Micromax said in its latest regulatory filings.
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