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Madison logs another full exit; did it meet the PE returns benchmark?

New Delhi, May 25 -- Private equity firm Madison India Capital, which has been on the road to raise its new fund for the past couple of years and signed off from one of its showcase bets last year, ha... Read More


Steel pipe maker MAN Industries buys Saudi firm for $102 mn

New Delhi, May 22 -- Mumbai-listed MAN Industries (India) Ltd, which manufactures large-diameter steel pipes, has acquired Saudi Arabia-based National Pipe Company Ltd (NPC) for $102 million (about Rs... Read More


CPPIB's direct India exposure shrinks after three straight years of growth

New Delhi, May 21 -- Canada Pension Plan Investment Board (CPP Investments, or CPPIB), which had grown to become one of the largest foreign investors in India having committed more than $20 billion ac... Read More


Brookfield pulls out more cash from India infrastructure portfolio

New Delhi, May 21 -- Canadian alternative investment firm Brookfield Asset Management Inc has made at least its fourth liquidity move from its India portfolio this year by offloading a small stake in ... Read More


Kedaara's public markets fund lifts exposure to consumer portfolio firm

New Delhi, May 14 -- Homegrown private equity firm Kedaara Capital has increased its exposure to a consumer-focused company via its public markets strategy that it added a year and a half ago to run a... Read More


Bain settles for a smaller stake in potentially biggest India deal ever

New Delhi, May 11 -- Bulge-bracket global private equity firm Bain Capital, which is close to completing fundraising process for its new Asian investment vehicle, has significantly pared down the stak... Read More


Wipro to acquire Temasek-owned Olam's IT services arm for $375 mn

New Delhi, April 6 -- Indian software services exporter Wipro Ltd said Monday it has signed a definitive agreement to acquire the IT services arm of Olam Group, the Singapore-headquartered food and ag... Read More


True North elevates two senior execs to co-managing partners

New Delhi, April 1 -- Homegrown alternative investment firm True North has elevated two of its senior executives, Srikrishna Dwaram and Satish Chander, as co-managing partners of its private equity bu... Read More


Info Edge floats fund for early-stage deeptech bets

New Delhi, March 27 -- Info Edge (India) Ltd, a backer of new-age companies such as Zomato parent Eternal Ltd and Policybazaar parent PB Fintech Ltd, has approved a fresh commitment to its new early-s... Read More


Infosys to acquire US firms Optimum Healthcare, Stratus for $560 mn

New Delhi, March 26 -- Infosys Ltd, India's second-largest IT services firm, has entered into separate agreements to acquire US-based technology companies Optimum Healthcare IT and Stratus Global LLC ... Read More