Malvika Joshi
Stories by Malvika Joshi
IIFL arm looks to raise $109m from institutional investors
IIFL said its board has approved raising fresh capital from HDFC Standard Life Insurance Co. Ltd, General Atlantic Singapore Fund Pte Ltd (GA) and Ste
UK’s CDC Group invests in IDFC Alternatives’ third PE fund
CDC’s entry provides an exit to some of the existing limited partners (LPs) of IDFC Alternatives.
Binani Cement lenders back UltraTech’s offer as legal battle reaches India’s top court
The acquisition of Binani Cement will, however, be subject to the Supreme Court’s ruling, with a Dalmia Bharat Ltd-led consortium challenging the 15
Adani in talks to buy Shree Renuka Sugars from Singapore’s Wilmar
Wilmar Sugar, a subsidiary of Singapore-based Wilmar International, owns a 39% stake in Shree Renuka.
APAC Financial in talks to raise $44m from PE firm Multiples
APAC Financial Services is a non-banking financial company founded by Deutsche Bank’s former Asia Pacific chief Gunit Chadha.
PE firm Kedaara eyes exit from India’s Manjushree Technopack
The private equity firm has hired Citigroup to handle the exit mandate.
India: Kedaara Capital, Partners set to acquire Vishal Mega Mart for $735m
Kedaara-Partners Group will buy the retailer from TPG Capital and Shriram Group.
India: Lenders set to back ArcelorMittal’s bid for beleaguered Essar Steel
ArcelorMittal had submitted a higher bid than Numetal for Essar in the first round.
Blackstone, Warburg in talks for minority stake in India’s Max Financial
Max Financial Services, led by billionaire Analjit Singh, is raising money to finance a potential acquisition by its life insurance unit Max Life Insu
Dubai’s Relam plans real-estate, tech investments worth $250m in India
Relam Investment is an equal joint venture, or JV, of Dubai’s Vault Investments LLC and Vietnam’s MIG Holding.
