ReghuBalakrishnan
Stories by ReghuBalakrishnan
Fairfax, Warburg join race to buy Legal and General Group’s stake in IndiaFirst Life
IndiaFirst is a joint venture between Bank of Baroda Ltd, which owns a 44% stake, Andhra Bank, which holds 30%, and Legal and General.
Kotak Mahindra Bank’s Suneet Weling to join BNP Paribas India as MD
Weling has advised several Indian and international companies on mergers and acquisitions and capital-raising in India during his seven-year stint at
India: Singapore’s GIC, NY-based Tishman to sell Hyderabad property for $313m
The office property, WaveRock, is an equal joint venture between GIC and Tishman Speyer, spread over 2.5 million sq. ft in the Gachibowli financial di
India: True North founding partner Vikram Nirula quits
Nirula was responsible for investments in consumer companies, retail firms, financial services and industrials.
Ergo, Manulife in talks to acquire 26% stake in IndiaFirst Life Insurance
UK’s Legal & General Group Plc plans to sell its 26% stake in IndiaFirst and has hired investment bank Ambit Corporate Finance to find a buyer for i
India: JSW Infrastructure-Srei to buy Sterling Port in Dahej
The JSW-Srei combine has reached an agreement with lenders of Sterling Port, which includes Srei Infrastructure Finance, Andhra Bank and Corporation B
Kedaara Capital in talks to buy NBFC Indian School Finance
Kedaara plans to invest about $50 million in two tranches and acquire controlling stake from existing investors, Grey Matters Capital and Caspian Impa
ChrysCapital Advisors in talks for stake in Bengaluru NBFC Varthana
The investment in the company, which lends to affordable private schools, will be around $50 million.
India sees food services sector return on private equity radar
India’s food services industry will be worth Rs4.98 trillion by 2021, according to a report by the National Restaurant Association of India.
India: Bira eyes $30m funding from private equity firms
TPG Growth, Blackstone and New York-based Veronis Suhler Stevenson (VSS) are among funds interested in the Delhi-based beer maker.
