BUSINESS
Private equity fund True North exploring sale of controlling stake in pharma firm Integrace
Early discussions have kickstarted with a few select suitors keen on a domestic formulations platform. Temasek is the other key shareholder in Integrace.
BUSINESS
Tata Capital trims valuation to around $15.7 billion ahead of IPO launch
The decision was taken over the weekend and the move is a 'good will' gesture by the Tata's to leave more on the table for investors, sources told Moneycontrol
BUSINESS
Tata Capital to launch 2025's biggest IPO between October 6-8
Insurance giant LIC is likely to make a big bet on this issue with the anchor portion likely on October 3
BUSINESS
Polycab India promoter group launches block deal; looks to raise around $100 million via small stake sale
The promoter group holds 63.01 per cent stake and the market cap of Polycab India at the end of day's trade on September 24 was Rs 1,13,397.22 crore
BUSINESS
Walmart owned PhonePe files for mega IPO of around Rs 12,000 crore via confidential route
The proposed IPO is a pure OFS or offer for sale with participation from Walmart and investors Tiger Global and Microsoft
BUSINESS
Tata Capital targets $16.5 bn valuation for its $1.85-bn IPO; early October launch on cards
Insurance behemoth LIC is likely to participate as an investor in the mega issue, the biggest so far this year
BUSINESS
Brookfield & GIC seal mega strategic pan-India partnership for office assets worth $1bn, including BKC's Equinox
Post this latest alliance, Brookfield and GIC have sealed deals worth nearly $2.5 bn in India. Both had joined hands earlier to acquire Candor Techspace G1 ( Gurugram) and Downtown Powai, Mumbai in a deal valued at $1.4 bn
BUSINESS
Race for TA Associates & True North backed Accion Labs: PAG, Carlyle & Apax move to next leg
Investment banks JP Morgan and Avendus Capital are the sell-side advisors on the proposed transaction which is in due diligence stage
BUSINESS
Race for Apollo Cradle & Children’s Hospital: Strategic players, PE firms evince early interest
Investment bank Allegro Capital is running the sell-side process for the Chennai-headquartered healthcare major
BUSINESS
Warburg Pincus eyeing exit from IndiaFirst Life Insurance post 2018 bet
Investment bank Barclays has been roped in as an advisor to find a buyer for the PE major’s 26 per cent stake
BUSINESS
Post-Sahyadri buyout, Manipal Hospitals pivots to fast-track mode for mega IPO; seeks revised valuation from bankers
Manipal Hospitals, a pan-India chain with 12,000-plus beds, is keen to fast-track the listing process now and kick-off the deal. If required, the firm may avail Sebi's new relaxed norms for large issuers, in case listing valuation exceeds Rs 1 lakh crore
BUSINESS
Danish brewer Carlsberg evaluating IPO of India arm
A clutch of select investment banks invited by the beer manufacturing behemoth for listing pitches in September
BUSINESS
Dr Agarwal's Eye Hospital approves merger with parent Dr Agarwal's Health Care
As per latest exchange data, Dr Agarwal's Health Care Ltd ( AHCL) which made its Dalal Street debut in January, holds 71.90 per cent stake in Dr Agarwal's Eye Hospital Ltd (AEHL)
BUSINESS
Warburg-controlled Vistaar Financial inducts new investors in Rs 1,360-crore fund raise
The company manages over Rs 5,000 crores in AUM with a capital adequacy ratio exceeding 50%
BUSINESS
WestBridge Capital to pick up 15% stake in MF arm of Edelweiss Financial Services
Edelweiss MF, one of India’s fastest-growing AMCs, has reached a total AUM of Rs 1,52,200 crore as of June 30, 2025, reflecting a 44% CAGR over the last five years
BUSINESS
Westbridge Capital emerges front-runner for stake buy in MF arm of Edelweiss Financial Services
As of 31 July 2025, Edelweiss Mutual Fund had an AUM ( assets under management) of Rs 1.52 lakh crore with 20.70 lakh investors
BUSINESS
Promoters of Clean Science and Technology eye minority stake sale; launch block deal worth up to $302 mn
Spark Institutional Equities ( a subsidiary of Avendus Capital) and JP Morgan are the joint brokers for the proposed transaction
BUSINESS
Warburg Pincus eyeing exit from Home First Finance; launches block deal
Orange Clove Investments BV, a Warburg Pincus entity holds 10.64 per cent in the firm. Private equity firm True North and Aether Mauritius Ltd fall in the promoter category of Home First Finance
BUSINESS
Brookfield's Aditya Joshi elevated as Head of Asia-Pac for Private Equity
Aditya Joshi has two decades of experience and has previously worked at Apax Partners and Blackstone
BUSINESS
Sunil Mittal-led promoter entity eyes part stake sale in Bharti Airtel, launches mega $1-bn block deal
'The transaction has been launched at a floor price of Rs 1,862 per share, which is at a 3.15% discount to the last closing price,' said a source
BUSINESS
BlueStone Jewellery to launch IPO on August 11, seeks Rs 7,800-cr valuation
Saama Capital, IvyCap Ventures and IronPillarFund are the other investors in the firm
BUSINESS
Banking & finance lead Rs 1.6 lakh crore-plus India Inc IPO pipeline; engineering has max issuers: Uniqus Consultech
Q2 2025 saw a clear shift towards primary issuances, which accounted for 87% of total IPO proceeds as compared to the OFS dominance in the previous quarter
BUSINESS
JSW Cement plans to trim IPO size to $415 mn; eyes early August launch at $2.3 bn valuation
The initial share sale would be the cement sector's first offering by a major group since Nirma group backed Nuvoco Vistas' Rs 5,000 crore IPO in August 2021. Incidentally, the listing of JSW Infrastructure in October 2023 marked the group's first public offering in 13 years.
BUSINESS
Goodyear launches sale process for Indian arm’s farm tyre business, engages Citi
In April, CEAT agreed to acquire Camso brand’s Off-Highway construction equipment bias tyre and tracks business from Michelin in an all-cash deal valued at about $225 million.
