GLOBAL INVESTMENT FIRM

Rajaram and Gilroy plan to raise $400 million to $500 million for their debut fund, and will formally kick off fundraising in the new year, the person said.

The US leads in global AI innovation, outpacing China in research, investment, and responsible AI development, according to Stanford University's AI Index. With $67.2 billion in private AI funding and key tech firms, the US dominates. China excels i...

Asia-focused private equity fund PAG is set to acquire Manjushree Technopack Ltd., India's largest rigid plastic packaging company, for $1 billion. The deal will see US-based Advent International exit its investment in Manjushree, opting for a sale ...

360 ONE Asset has acquired a stake in OneSource Specialty Pharma, a Contract Development and Manufacturing Organization (CDMO), for an undisclosed amount. The investment will support OneSource's innovation and global expansion plans. OneSource recen...

Alpha Wave Global is investing $350 million for a 12.5% stake in Advanta Enterprises Ltd, an Indian hybrid seeds company. The deal includes a primary investment of $100 million and a share purchase of $250 million from UPL, Advanta's parent company....

Gaja Capital, a mid-market Indian private equity firm, is preparing for an initial public offering (IPO). The firm, known for its investments in companies like RBL Bank and Teamlease, aims to create a pool of permanent capital for new ventures. If s...

Indian fashion design company House of Anita Dongre (HOADPL) is buying back a nearly 40% stake from US private equity firm General Atlantic. This comes after reports of declining revenue and a strategic shift in the company's operations, including s...

India is poised to become the second-largest recipient of global investments after the US during President Trump's second term. Investors are drawn to India's potential as a market, its alignment with Trump's policies, and its strong economic growth...

"I'm not saying that other ecosystems don't deserve support, but who deserves it the most? It's not just about Karnataka; it's about the nation becoming a manufacturing hub. It's about India becoming an economic superpower and leading in technologie...

Experts believe there is a consistent shift in tech talent hiring across engineering, research & development (ER&D), business process management (BPM), and IT services. And as GCCs rapidly scale, they will need to imbibe some of the better talent pr...

Murugappa Group is set to acquire Hubergroup, a German specialty chemicals company, for $310 million. The deal, financed through debt refinancing and equity infusion, will expand Murugappa's presence in the global print and packaging sector. Hubergr...

Northern Arc has secured USD 65 million for its first climate fund, aiming to support sustainable businesses in India. The fund, backed by DFC and OeEB, will provide debt financing to companies in renewable energy, energy efficiency, and other green...

Northern Arc secures USD 65 million for its first climate fund. The fund receives support from DFC and OeEB. It will provide debt financing to companies in sectors like solar energy, energy efficiency, and sustainable agriculture. The fund will oper...

Gold prices remained relatively stable as the dollar strengthened following Donald Trump's election victory. Investors are now focused on the Federal Reserve's impending rate cut decision, anticipating a 25-basis-point reduction. Trump's win and pot...

??In an exclusive interview with ET, the 43-year-old CEO said that SAP is building sovereign AI capabilities in India given its huge exposure to government and critical sectors in the country. He also pointed to the huge AI talent pool here and said...

The firms said in a joint statement that the investments will span both equity and hybrid capital. The statement did not say how much of the $1.2 billion will be shouldered by the two entities or over what period of time the investments will be made...

Commerce and Industry Minister Piyush Goyal met with Schneider Electric's CEO in Riyadh to discuss the company's plans to invest Rs 3,200 crore in India by 2026. Goyal also engaged with General Atlantic's CEO, exploring potential collaborations in t...

Indian law firms are expanding internationally, setting up offices in key global hubs like Singapore and Dubai. This move, driven by increasing cross-border deals and international arbitration, is aimed at supporting multinational companies entering...

HSBC lowered Ola Electric's target price to Rs 110, citing slower e2W penetration and service issues, yet maintains a ‘buy’ rating due to potential in EV growth and battery technology.