Carlyle is targeting an initial funding of $300 million in Mumbai-based Nido Home Finance Ltd., owned by Edelweiss Financial Services Ltd
The private equity fund focused on the South Asian country is targeting about $300 million and the International Finance Corporation has proposed an investment of as much as $60 million
Investment banks JP Morgan and Avendus Capital are the sell-side advisors on the proposed transaction which is in due diligence stage
With multiple facilities in Bengaluru, Pune and Chennai, Nash Industries serves diverse sectors including automotive, aerospace, defense, healthcare, banking hardware and electrical systems.
Carlyle picked up a 20% stake in Piramal Pharma for Rs 3,523 crore (approximately $490 million) in June 2020
The indicative price of the block was Rs 960 per share, which was a 5 per cent discount to the Rs 1,010.20/share close on April 30.
The March quarter profit for PNB Housing advanced 25 percent to Rs 550 crore. It had posted a net profit of Rs 439 crore in the same quarter a year earlier.
Carlyle’s $945 million deal to acquire Energean’s Mediterranean oil and gas assets has collapsed after failing to secure regulatory approvals in Italy and Egypt.
The Akash missile system developed by India's defence research body has drawn interest from the Philippines, which has told New Delhi it would make an order in the fiscal year that begins in April, said three sources
This will be India's biggest ever IPO in the IT services and enterprise tech segment. Carlyle acquired Hexaware in 2021 from rival private equity firm Baring Private Equity Asia (now EQT) for around $3 billion.
The proposed deal is a derivative play by Carlyle on the growing infrastructure theme in the country as Strata cuts across various sub-segments
TMA operates a fleet of 65 DHC-6 Twin Otters, including 13 resort-branded aircraft and two VIP-configured planes, making it the world’s largest seaplane operator.
Carlyle acquired a 66 percent controlling stake in VLCC in January 2023 from its founders Vandana and Mukesh Luthra for around $300 million
The rationale for the merger is to 'build a unique, differentiated, global end-to-end integrated platform with leadership in animal pharmaceuticals, supported by strong operating and R&D backbone', said the companies
SpiceJet shares rose despite Carlyle Aviation Management offloading 1.42 percent of its stake, reflecting ongoing recovery efforts for the cash-strapped airline following recent settlements and restructuring moves.
Carlyle's Amit Jain stated that Indian savers' steady investments are driving high liquidity in the country's IPO market, with Hexaware Technologies among upcoming listings.
The firm sees a significant opportunity in India's growing domestic market and its potential as an export hub in the auto component sector. It is looking at mid-sized firms which specialise in precision machining and components for EVs
Hexaware's Rs 530.8 crore dividend payout in 2023 beats Wipro, ICICI Lombard, and Godrej Consumer and would rank it 34th among BSE 100 index members if it were a publicly traded company.
SpiceJet said it has managed to significantly pare down debt, as Carlyle Aviation will write off $40.17 million in lease arrears in total.
Carlyle acquired Hexaware in 2021 from Baring Private Equity Asia (now EQT) for around $3 billion. The earlier promoter Baring Private Equity Asia had delisted the firm in 2020.
On March 8, Moneycontrol reported that key investor ICICI Venture and the promoters of Theobroma had appointed Arpwood Capital to explore the sale of a controlling stake at a targeted valuation around Rs 3,500 crore
Carlyle is looking to sell PNB Housing Finance's shares worth Rs 1,000 crore and base price is likely to be in the range of Rs 750-Rs 760
Carlyle had acquired a 24 percent stake in the Nxtra for around Rs 1,780 crore ($235 million) in 2020. The sale is expected to fetch $ 800 million to 900 million.
In November 2019, Advent International had acquired a 74 percent stake in Bharat Serums from its erstwhile private equity investors Orbimed Asia and Kotak PE, as well as the promoters of the company, the Daftary family, for around $500 million. Later, the PE fund acquired the family's remaining 26% stake.
The US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified as the deliberations are private.