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Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value
Talks are currently in the early stages
Inflation trajectory and the actions of global central banks, especially the US Fed will be keenly watched by market participants. In this backdrop, primary markets will remain in wait and watch mode
The story of how globetrotting tech star Ankiti Bose built and lost one of Asia's most vaunted startups
This is the second investment firm that has spoken in the favour of strong governance framework days after Sequoia India, also an investor in Zilingo, spoke on the subject
Institutional investors recommend heightened caution and warn of a difficult recovery ahead for the world.
Competition Commission has given its nod for the proposed investments worth USD 500 million in ride-hailing platform Ola by Temasek, Warburg Pincus and Ola founder Bhavish Aggarwal. ANI Technologies Private Limited offers taxi and auto rickshaw aggregation services under the brand name 'Ola'. The Competition Commission of India (CCI) has approved acquisition of shares by MacRitchie Investments (Temasek), Fort Canning Investments, Plum Wood Investment Limited (Plum Wood) and certain voting rights by Bhavish Aggarwal in ANI Technologies, according to two releases issued on Friday. MacRitchie is an investment holding company and is a subsidiary of Temasek Holdings (Private) Limited. Singapore-based Temasek is an investment company. Fort Canning is also an investment holding company. Plum Wood is also an investment holding company and its shareholders are certain private equity funds managed by Warburg Pincus LLC. The latter, headquartered in New York, acts as a manager to certain priv
'India's public market has matured to accept new-age tech firms', says Promeet Ghosh
DBS said in a statement that EvolutionX will invest in opportunities arising from an increasingly digital economy - across sectors like financial services, consumer, healthcare, etc
PSP Investments, DFC of US, Axis Bank ink pact for $107 million cumulative commitment; International investors have rights to co-invest an additional $3 billion
Seviora Holdings will be set up as the operational holding company for four existing asset management companies currently wholly-owned by, or affiliated to, Temasek
The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings
Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares
May rope in its banking arm DBS Bank India to co-invest
Temasek said it would donate part of the money it saves to staff-volunteer initiatives
Temasek has invested the money through the conversion of its 1.01 crore warrants.
Tamil Nadu Municipal Administration Minister S P Velumani inaugurated the hospital and urged the group to provide treatment to the poor by giving concession as the group has 35 hospitals in the state.
The shares were offloaded through Advent International Corp's Amalfiaco and Temasek's MacRitchie Investments Pte Ltd via multiple open market transactions
Temasek will seek to work with Keppel's board to undertake a strategic review of its businesses
The shares were acquired at an average price of Rs 369.65 apiece, valuing the transaction at Rs 10 billion