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GEF Capital-backed Premier Energies scraps deal to acquire K-Solare

New Delhi, May 12 -- Premier Energies Ltd, an Indian solar cell and module manufacturer backed by private equity firm GEF Capital Partners, has terminated its planned acquisition of solar inverter mak... Read More


I Squared eyes transmission platform in India, builds on infrastructure bets

New Delhi, May 11 -- Infrastructure-focussed private equity firm I Squared Capital is preparing to launch a dedicated power transmission platform in India, according to several industry executives, ex... Read More


US-based Cerberus elevates insider to head India ops

New Delhi, May 7 -- New York-headquartered alternative investment firm Cerberus Capital Management has appointed longtime executive Rahul Sangwan as head of its India business, VCCircle has learnt. S... Read More


Tech Mahindra, Bharat Forge, IIFL Fintech, Dr Lal PathLabs ink M&A deals

New Delhi, May 1 -- Four Indian companies announced acquisitions late on Thursday across IT services, auto components, diagnostics and fintech lending. Tech Mahindra will acquire an 85% stake in Cana... Read More


Wind turbine maker Senvion India elevates vice president to CEO

New Delhi, April 30 -- Wind turbine maker Senvion India has elevated its vice president and head of sales to chief executive officer, VCCircle has learnt. The new CEO, Shreyas B Suvarna, takes the he... Read More


BII places second bet on India's smart-metering market with $80 mn cheque

New Delhi, April 16 -- British International Investment (BII), the UK's development financial institution, has doubled down on its exposure to the Indian smart metering space with Rs. 710 crore (close... Read More


EQT-backed Resolven secures debt financing from NIIF unit

New Delhi, April 2 -- Indian renewable energy company Resolven, which is backed by Swedish private equity firm EQT, has raised Rs 450 crore ($48.2 million) in debt from NIIF Infrastructure Finance Ltd... Read More


US short-seller Morpheus alleges MakeMyTrip defying regulators, misleading customers

New Delhi, March 31 -- Morpheus Research, a US-based short-seller, has published a report accusing India's largest online travel agency, MakeMyTrip Ltd, of continuing to defy a 2022 antitrust order by... Read More


JSW Energy acquires rail infrastructure firm via insolvency process

New Delhi, March 27 -- Power producer JSW Energy Ltd has acquired full control of Raigarh Champa Rail Infrastructure Pvt Ltd (RCRIPL), in a Rs. 700.1 crore (around $74.3 million) deal, making the rail... Read More


French firm Vinci to buy Macquarie's India highway assets

New Delhi, March 26 -- French infrastructure group Vinci SA has agreed to acquire a portfolio of nine toll highway concessions in India from Australian infrastructure major Macquarie Asset Management,... Read More