The troubled lender is looking to imrpove investor confidence after registering losses for the March quarter.
Exits during the month were 34 percent lower at $465 million involving 13 transactions, a report by consultancy firm EY said on April 25.
With few options left Naresh Goyal has taken a desperate but smart step in trying to get a foothold in his company
A strategic investor buying out promoter's stake in NIIT Technology offers hope of a better future given their track record in other investments
"The top trending themes during the year were revival of start-ups, continued uptick in control deals and larger bets, and increased focus of sovereign wealth funds towards Indian assets. Start-ups accounted for 59 per cent of the total PE investments recorded in 2018 by values and 26 per cent by volume," said Vrinda Mathur, partner, Grant Thornton India LLP.
Part of the diversified Anil Ambani group, Reliance Power has appointed J P Morgan as the banker for the proposed stake sale, the sources said.
The PE players found best returns in buyout strategies -- a deal in which majority ownership is acquired -- with median returns at 21 percent
The residential sector sees higher inflows largely through domestic and NBFC route, but the current concerns on the asset quality and debt levels of NBFCs likely to impact future disbursals
According to Grant Thornton's latest PE Dealtracker, 621 PE investments worth USD 14.60 billion were announced in the reported nine-month period of 2018. In the year-ago period, the value stood at USD 15.60 billion.
The firms have been very aggressive in their bidding processes, sources told the paper, adding their bids are 42-48 percent higher compared to those by other core-industry players
The inflows in the housing segment fell to Rs 1,510 crore from Rs 2,290 crore during the period under review.
A report by Knight Frank says that PE investments in real estate rose from Rs 17,200 crore in 2014 to Rs 59,100 crore, a growth of a whopping 50 percent compounded.
Positive reforms in affordable housing impact prospects of the real estate sector
Inflows in residential assets highest in 10 quarters. Mumbai attracts highest private equity investment
It is not enough to encourage people to start companies, if you are going to encourage investors to not fund them.
According to the report, PE/VC investments touched USD 0.9 billion across 41 deals in November 2016.
This increase has been primarily driven by a significant number of large deals worth USD 500 million or above, and many transactions involved big bets by global pension funds
In the same quarter last year, the country had recorded investments of USD 2.56 billion across 243 deals
Private equity investors sealed deals worth USD 7.22 billion in the third quarter of this year following which deal tally for the January-September period stood at USD 14.82 billion.
"It will significantly strengthen our position in North Asia, the largest skincare market in the world; and will complement our existing portfolio, enabling us to offer luxury skincare products at attainable price points," Alan Jope, Unilever President Personal Care, said in a statement.
Revival of PE investments in the residential sector is also expected this year, especially with regard to affordable housing.
According to EY's monthly PE tracker, there was a 5.4 times jump in PE/VC investments in August as compared to USD 1 billion in August 2016, mainly driven by two mega deals, Softbank's USD 2.5 billion investment in Flipkart and GIC's USD 1.4 billion investment in DLF commercial property assets. In terms of number of deals, there was an 18 per cent growth in August as against 39 deals last year.
The company aims to use the capital to scale its growth as a designer and manufacturer of advanced night vision imaging systems for defence, surveillance and transportation safety markets.
Innoviti Payment Solutions backed by Infosys co-founder N.R. Narayana Murthy-promoted Catamaran Ventures, has raised Rs 120 crore (about USD 18 million) in its second round of funding from SBI-FMO and Bessemer Venture Partners
‘Most alternative investments have lower volatility than investments in stock market indices.’