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Spotlight: Decoding Blackstone-backed Nexus Select Trust's 'Look East' strategy

New Delhi, June 24 -- For most of its existence, Nexus Select Trust has been a creature of India's north, west, and south. The Blackstone-backed real estate investment trust, India's first and only li... Read More


GEMS Education to float India-focused PE fund, plans 30 schools

New Delhi, June 24 -- GEMS Education (India), part of the Dubai-based Varkey Group that operates one of the world's largest chain of K-12 private schools, plans to invest up to $30 million (Rs 283 cro... Read More


Yash Highvoltage raising $16 mn from institutional investors, family offices

New Delhi, June 23 -- Yash Highvoltage Ltd, a Vadodara-based maker of high-voltage transformer bushings, has approved a plan to raise Rs 151 crore (nearly $16 million) from institutional investors and... Read More


Yash Highvoltage eyes $16 mn institutional fundraise

New Delhi, June 23 -- Yash Highvoltage Limited, a Vadodara-based maker of high-voltage transformer bushings, has approved a plan to raise Rs.151 crore (nearly $16 million) from institutional investors... Read More


JM Financial PE, Peak XV, Kae Capital log an exit with sub-par returns

New Delhi, June 22 -- The private equity arm of Mumbai-based JM Financial Ltd as well as venture capital firms Peak XV Partners and Kae Capital, will walk away from a common healthcare portfolio compa... Read More


In Charts: Decoding Reliance Jio's DRHP as it prepares for a market debut

New Delhi, June 19 -- As Reliance Industries Ltd's unit Jio Platforms Ltd (JPL) prepares for its public market entrance, data from the draft red herring prospectus (DRHP) highlights how the digital gi... Read More


Lloyds Engineering to acquire controlling stake in steel fabrication firm SISCOL

New Delhi, June 18 -- Lloyds Engineering Works Ltd, a Mumbai-listed engineering and construction company that's part of the Lloyds Enterprises group, has agreed to acquire a controlling stake in Steel... Read More


Ayala's ACEN to sell up to 49% stake in India solar project to Mitsubishi

New Delhi, June 18 -- ACEN Corp, the listed renewable energy arm of the Philippines' Ayala Group, has agreed to sell up to a 49% stake in Tejorupa solar-energy project in Rajasthan to Diamond India Re... Read More


GIC's India smart metering platform taps offshore backer for $800 mn expansion

New Delhi, June 17 -- Gemstar Infra Pte Ltd, the smart metering platform jointly owned by Singapore sovereign wealth fund GIC and Mumbai-listed Genus Power Infrastructure Ltd, has tapped an offshore i... Read More


CPPIB bets $740 mn on Indian data centre operator CtrlS

New Delhi, June 17 -- Canada Pension Plan Investment Board, one of the biggest foreign institutional investors into the Indian infrastructure sector, is set to enter the country's growing data centre ... Read More