Adani Ports To Buy 95% Of Odisha’s Gopalpur Port For $162 Mn India Billionaire, Gautam Adani led Adani Ports and Special Economic Zone will buy a 95% stake in Odisha’s Gopalpur Port for an equity value of $161.74 million (around INR 1,349 crore) to bolster its east coast presence. India’s largest private port operator will purchase a 56% stake in […]
Mukesh Ambani led Reliance Industries and Walt Disney announced the merger of their India TV and streaming media assets, creating an $8.5 billion entertainment juggernaut far ahead of rivals in the world’s most populous nation. Largest Indian conglomerate will inject $1.4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake, with Disney […]
BlackRock and Global Infrastructure Partners (GIP) have signed a definitive agreement for a stock and cash deal. BlackRock will acquire GIP for $12.5 billion (around INR 1,00,000 crore) which will make the world’s largest asset manager as one of the biggest players in alternative assets and private markets. BlackRock will buy GIP in $3 billion cash and roughly 12 million […]
Blackstone Buys Care Hospitals, KIMS Health for $1Bn Blackstone Group Inc. has acquired controlling interests in Care Hospitals and Kims Health in a multi-layered deal valued at $1 billion, marking the private equity giant’s maiden foray into India’s healthcare sector. The New York-based firm secured roughly a 75% stake in Care Hospitals from Evercare Health Fund, an arm of TPG, […]
Every business, regardless of its size or industry, relies on sound financial management for its success. However, managing finances isn’t just about number-crunching or adhering to regulations. It’s about strategic planning, insightful decision-making, and optimizing resources. The linchpin for all these tasks is often a proficient Chartered Accountant Firm. Finding the right one is like adding a visionary financial partner […]
India’s Reliance Industries will invest up to INR 10 billion ($122.24 million) in building data centres in the country along with Canada-based Brookfield Infrastructure. The announcement comes at a time when data centre capacity in India is expected to rise exponentially as more people go online. Reliance will initially invest about INR 3.78 billion in units of Mercury Holdings SG […]
BPEA EQT, ChrysCapital Strike $1.3 Bn Deal For HDFC Credila Buyout group BPEA EQT and Indian private equity firm ChrysCapital have agreed to acquire a stake of around 90% in education finance company HDFC Credila Financial Services Ltd in a deal worth a total of about INR 11,063 crore ($1.3 billion). The two PE firms will buy the stake in […]
A Guide to Unlocking Financial Success Finance consulting is a field that holds great potential for individuals and businesses looking to navigate the complex world of finance. Whether you are a seasoned entrepreneur or a fresh graduate seeking to make your mark in the financial industry, understanding the intricacies of finance consulting can be the key to unlocking financial success. […]
GIC Teams Up With Brookfield REIT for $1.4-Bn Deal To Buy Office Assets Together with Canadian alternative investor Brookfield Asset Management Inc., Singapore sovereign wealth fund GIC and Brookfield India Real Estate Investment Trust (REIT) have agreed to pay roughly Rs 11,225 crore (almost $1.4 billion) for two commercial properties. For around Rs 150 crore (about $18 million), Brookfield India […]
Brookfield Renewable To Invest $1 Bn In Avaada Group Brookfield Renewable is investing $1 billion (about Rs 8,200 crore) in Avaada Ventures Pvt. Ltd to help finance the renewable energy company’s green hydrogen and green ammonia businesses. The renewable energy arm of Canada’s Brookfield Asset Management Inc. will make the investment via the Brookfield Global Transition Fund. Thailand’s Global Power […]