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Drug firm Aizant to soon get binding bids for controlling stake in $350-mn deal

Mumbai, July 30 -- InvAscent, the firm that manages India Life Sciences Fund, is expecting binding bids for its stake in the Hyderabad-based Aizant Drug Research Solutions Pvt. Ltd early next month. ... Read More


Zelestra looks to sell India biz for $400-500 million

New Delhi, July 16 -- Multinational energy firm Zelestra has sounded out Brookfield, JSW Group, Sembcorp, Serentica and Macquarie for a potential sale of its India business, three people with knowledg... Read More


Temasek hits $50 billion milestone in India-eyes bigger, more concentrated bets

Mumbai, July 14 -- Temasek Holdings will make concentrated and larger bets in India, a top executive said as the Singapore state investor hit a record $50 billion assets under management with its port... Read More


SBI picks five banks to manage its Rs.25,000 crore QIP

Mumbai, June 25 -- State Bank of India has picked Kotak Mahindra Capital Co., Citigroup Capital Markets, HSBC, Morgan Stanley and ICICI Securities to manage its Rs.25,000 crore qualified institutional... Read More


Valuations high, but equity deals to pick up fuelled by mega IPOs: BofA Guenthardt

New Delhi, June 10 -- Inbound interest in Indian companies for mergers and acquisitions (M&As) will continue to be a challenge given the high valuations in the local market, Peter Guenthardt, head of ... Read More


Nykaa has big plans for house of brands business

New Delhi, June 9 -- Beauty and personal care retailer Nykaa expects its house of brands business to grow significantly and drive profitability over the next three years, co-founder Adwaita Nayar said... Read More


Healthcare investor Quadria raises $1.1 bn Fund III, exceeds target

Mumbai, May 26 -- Quadria Capital, a private equity firm focused on healthcare in Asia, has closed its third fund with $1.07 billion in total commitments, exceeding its original $800 million target, t... Read More