Baiju Kalesh
Stories by Baiju Kalesh
India: Blackstone, Partners Group in race to acquire Piramal Glass
Billionaire Ajay Piramal’s conglomerate is seeking a valuation of $1 billion for the unit from the sale.
Carlyle, SoftBank put on wait list for Reliance Retail stake due to strong investor demand
Strong response from Jio’s investors means there’s not enough for others.
India’s Allcargo Logistics mulls Europe listing for global biz
Allcargo is betting the international operations would receive a higher valuation on an overseas exchange.
Times of India publisher seeks to sell minority stake in Internet unit
The Indian conglomerate is working with an adviser to explore options for a 10 per cent stake in Times Internet.
Brookfield said to pick banks for $500m REIT IPO in India
A listing on the Mumbai stock exchange could happen as soon as the end of this year.
India’s Shapoorji Pallonji group in talks to raise debt from Brookfield
The group is resorting to structured loans after its plans to sell assets got delayed by COVID-19.
Blackstone emerges as frontrunner for L&T Mutual Fund
This could be the first major foreign PE firm to enter India’s $350-billion asset management industry.
Meet Manoj Modi, the rainmaker behind Mukesh Ambani’s $13b deal spree
He played a key role during negotiations for a $5.7 billion deal with Facebook Inc. in April.
KKR said to rope in TPG’s Trehan to head India PE business
Trehan, who joined TPG in 2004, is understood to have left the company this month.
Buyout major Carlyle searches for new managing director in India
Vikram Nirula, who joined in 2018 as managing director, will soon be leaving the company.
