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.
BUSINESS
Exit pipeline via IPOs would aggregate to $3 bn plus in next three years, says ChrysCapital’s Sanjay Kukreja
Enterprise tech, pharma/healthcare, consumer and financial services remain the firm’s focus investment areas. Kukreja expect’s $40 bn to $50 bn of just private equity deals in the course of the next 12 months
BUSINESS
Tilaknagar Industries acquires Pernod Ricard India's Imperial Blue whiskey biz for Rs 4,150 crore
Pernod Ricard said the sale will enable it to fully tap into premiumization trends and support sustainable growth
BUSINESS
IDBI Bank & NSE-backed NSDL plans $463-mn IPO launch next week at $1.85-bn valuation
The firm is targeting the IPO for public subscription between July 30 and August 1, with the anchor book portion scheduled for July 29
BUSINESS
Tilaknagar Industries board to consider fund-raise tomorrow; all eyes on Imperial Blue whiskey sale process
On July 7, Moneycontrol was the first to report that Tilaknagar Industries had edged ahead of other suitors and entered exclusive negotiations for the proposed buyout of Imperial Blue whiskey owned by French liquor giant Pernod Ricard
BUSINESS
Expect more activity in India & Japan in H2 2025; both have strong pipeline, says new EQT CEO Per Franzen
As part of its half-year report for 2025, the firm said it now ranks as the second-largest private equity firm globally by capital raised and the largest alternative investment platform in Europe across private equity, infrastructure, and real estate
BUSINESS
Thematically, like to focus on family-owned businesses, says Temasek's Ravi Lambah
Financials form a key part of Temasek's India portfolio and Lambah shares that the firm is now ready to explore newer bets beyond banks, in verticals like asset management and wealth management
BUSINESS
Predictable policies under PM Modi support investment and deal activity: JP Morgan's Anu Aiyengar
There is a heightened degree of dialogue around India in global boardrooms and clients want to use India as a hub for growth, Aiyengar told Moneycontrol.
BUSINESS
For private equity, India has emerged as the star performer, says JP Morgan's global head of advisory and M&A Anu Aiyengar
India has had a predictable policy regime under Mr. Modi’s leadership, which supports investment and deal activity, and it has emerged as the largest and the highest IRR ( internal rate of return) market in APAC for many financial sponsors, Aiyengar adds
COMPANIES
Partners Group seals deal for majority stake in NBFC Infinity Fincorp Solutions
The investment of around $230 million in Infinity was led by Partners Group with participation from existing shareholder Jungle Ventures.
BUSINESS
Ontario Teachers’ announces sale of Sahyadri Hospitals to Manipal Hospitals
Sahyadri is one of Maharashtra’s largest hospital chains, with 11 hospitals and over 1,400 beds, delivering best-in-class healthcare to millions across the region.
BUSINESS
Tilaknagar Industries enters into exclusive talks for acquisition of Pernod Ricard's Imperial Blue whiskey
Through the Imperial Blue sale process, Pernod Ricard can focus on higher-margin, premium brands like Glenlivet, Jameson, and Chivas Regal.
BUSINESS
Temasek, Ranjan Pai-backed Manipal Hospitals to win race for Sahyadri Hospitals with near Rs 6,150-crore bid
Final, definitive documents between OTPP and Manipal Hospitals could be signed within the next few days
BUSINESS
ICICI Prudential AMC may shortly file papers for up to Rs 10,000-cr IPO; pure OFS by British JV partner
If plans fructify, this would be the fifth listing from the ICICI Group; it would also be the fifth mutual fund listing
BUSINESS
Top-deck exit at Apollo Global Management; Utsav Baijal steps down, headed to Bain Capital
During his stint, the firm has bet on IPO-bound JSW Cement and HeroFinCorp as well as InterGlobe Technologies, Monnet Ispat , Mytrah Energy and Avantha Holdings via Aion Capital ( a JV with ICICI Ventures). Recently, an Apollo-led investor group sealed a $750 mn deal with Adani's Mumbai Airport
