Abraaj Group

Paytm may pick up stake in BigBasket for $200 mn

They did not wish to be identified as discussions are still on and the deal has not been signed yet.

China's Shanghai Electric to buy $1.77 bn stake in Pak power co

Dubai-based Abraaj Group said it had entered into a definitive agreement with China's state-backed Shanghai Electric to divest its 66.4 percent stake in K-Electric.

China's Silk Road powers bids for $1.5 bn Pakistan utility stake

State-backed Shanghai Electric Power and China Southern Power Grid are among Chinese firms leading the pack of about half a dozen bidders in K-Electric , one person familiar with the matter said.

BigBasket raises USD 150 mn from UAE's Abraaj Group

Grocery delivery chain BigBasket has raised USD 150 million in fresh funding from UAE's Abraaj Group and other investors to help expand into smaller cities.

Advent sells CARE Hospitals stake for Rs 1,300 cr

The companies did not offer any valuation or deal size but sources confirmed the deal size at Rs 1,300 crore, and an enterprise valuation of the Hyderabad-based hospital chain at a tad over Rs 1,800 crore.

Abraaj Group to acquire majority stake in CARE Hospitals

Abraaj Group to acquire ma The Group has "agreed to acquire, through one of its Funds, a majority stake in Quality CARE India Ltd, one of the largest multi-specialty healthcare providers in India, from global private equity firm Advent International," Abraaj Group said in a statement.

Abraaj teams up with Aditya Birla for solar investments

The firms are the latest companies to plan solar investments in India ahead of an expected boom in clean energy projects after New Delhi hiked its solar energy target to 100 gigawatts by 2022, a 33-fold rise from current levels.