M Sriram
Stories by M Sriram
Hyundai mulls $3b India IPO later this year
It is in early talks for an IPO that could value the company at $25-30b.
Reliance close to merging media business with Disney India: report
Reliance may pick up a 51-54% stake in the merged entity, sources told Reuters.
Blackstone’s Aadhar Housing Finance targets $600m India IPO
Blackstone acquired Aadhar for about $300 million in 2019.
Haldiram’s in talks to buy India-listed Prataap Snacks as Peak XV looks for exit: report
Peak XV Partners owns around 47% of Prataap Snacks.
Blackstone to expand Singapore PE headcount in SE Asia push
The expansion in Singapore will bring the asset manager closer to its investor base.
Jefferies expects investment banking fees in India to rise after bumper 2023
The bank was the top IPO adviser in India this year, show LSEG data.
India’s Tata Capital looks to buy minority stake in fashion brand Rare Rabbit: report
Rare Rabbit may be valued at $300m, Reuters reported.
India’s Ola Electric slashes sales targets, defers profitability timeline ahead of planned IPO
In May, India's government cut cash incentives available for e-scooter buyers without giving an explanation.
China’s Alipay to sell its entire stake worth $400m in India’s Zomato: report
Alipay will offload its 3.44% stake through block deals on Indian exchanges.
PE giant Carlyle slashes Asia fundraising target to $6b amid difficult times
Carlyle's downsizing comes as private equity firms struggle to cash out on their assets amid volatility.