Fisher Investments and Advent International on Tuesday said they were not in deal talks, after the Wall Street Journal said that Ken Fisher’s money management company was in talks to be acquired by the U.S.-based...
Reliance Industrial Investments becomes RIL promoter, buys 3.56% in Petroleum Trust
Reliance Industrial Investments and Holdings Limited (RIIHL) has become the promoter entity of Reliance Industries Limited, following the acquisition of a 3.56% stake in Petroleum Trust, another promoter entity...
Caledonia Investments solicits bids for $585 mln wealth manager 7IM – sources
Caledonia Investments has given prospective buyers until the end of the month to table indicative offers for wealth manager 7IM, two people familiar with the matter told Reuters, in the latest chapter of consolidation...
CCI approves minority stake acquisition in Lenskart by Dove Investments
Fair-trade regulator CCI has approved the minority stake acquisition in Lenskart Solutions by Dove Investments, Defati Investments Holding BV and Infinity Partners. The proposed combination relates to Dove Investments...
Franklin Templeton to buy Putnam Investments from Great-West Lifeco for $925 million
Franklin Resources Inc, a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from Great-West LifeCo Inc in a nearly $925 million deal. The deal...
MAS clears merger of HDFC Investments with HDFC Bank
HDFC Bank on Monday said Monetary Authority of Singapore (MAS) has given approval for merger of HDFC Investments and HDFC Holdings with parent HDFC Ltd. As part of a composite scheme of amalgamation, Griha Pte, a wholly...
Supreme Court asks Authum Investments and Infrastructure to implement resolution plan for Reliance Home Finance
In a big relief to Authum Investments and Infrastructure, the Supreme Court on Friday asked the company to implement its ₹2,887-crore resolution plan for the takeover of Anil Ambani’s Reliance Home Finance by...
Mufin Green Finance raises $7 million green bond from Symbiotics Investments
Electric Vehicle financing NBFC Mufin Green Finance (Mufin) has recently raised $7 million (INR 58.1 crore) green bond from Symbiotics Investments. The bond forms part of the $75 million green basket bond program...
Tube Investments arm buys e-tractor startup Cellestial E-Mobility
As part of its expansion into the e-mobility space, Murugappa group company Tube Investments of India (TII) has acquired the entire shareholding of Cellestial E-Mobility Pvt Ltd, a Hyderabad-based startup engaged in the...
NCLT rejects Torrent Investments’ plea to halt Reliance Cap CoC’s voting for second auction
The National Company Law Tribunal (NCLT) on Monday rejected a plea by Torrent Investments — one of the bidders for the Anil Ambani-promoted Reliance Capital — that sought to halt the Committee of...
Mirae Investments acquires industrial asset in Mumbai for Rs 130 cr
South Korea’s Mirae Asset Global Investments has acquired an industrial asset in Mumbai’s Bhiwandi for Rs 130 crore from Prakhhyat Group. The pre-leased grade A warehousing property in K-Square Integrated Industrial...
Mapletree Investments Acquires KSH Infra’s logistics asset
Mapletree Investments has acquired the remaining assets of a logistics park owned by KSH Infra Industrial Park Pvt Ltd, a subsidiary of Pune-based KSH Infra Group, for around ₹320 crore (around $38.7 million)...