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ABRAAJ GROUP
Dubai regulator issues massive fine on Abraaj founderThe Dubai Financial Services Authority DFSA said CEO Arif Naqvi was slapped with the financial penalty "for serious failings." The regulato...- TPG's Rise Fund to control Abraaj’s Healthcare FundTPG Capital will now own a sizable hospital chain with ownership in Manipal Hospitals and Motherhood Hospitals.
- BigBasket records sales of over Rs 2,000 croreBigBasket had previously raised funds from investors such as Sands Capital, International Finance Corp. and Dubai-based private equity inve...
- French energy giant Engie seeks new partner as alliance with Abraaj Group endsEngie is the world’s largest independent power producer with 102,700 MW of projects globally, including 24,000 MW of renewable energy proje...
- BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
- Abraaj Group has joined hands with ENGIE to set up a wind energy platform in IndiaThe Indian renewable energy sector continues to grow rapidly, underpinned by an increasing demand for power. Power consumption in the count...
- Abraaj frontrunner to buy Medall HealthcareAbraaj is holding advanced discussions to acquire the principal shareholder Peepul Capital, an Indian private equity investor that owns 80%...
- Abraaj, others put $150 million in the BigBasketOnline grocer BigBasket has raised $150 million (about Rs 1,000 crore) in funding led by Dubai’s Abraaj Group, as it seeks to establish.
- BigBasket raises $150 million from UAE's Abraaj GroupAbraaj also said BigBasket is continuing to deliver strong growth, with a five-fold increase in monthly revenues over the last 18 months.
- Dubai-based Abraaj Group buys 72% holding in CARE HospitalsHyderabad-based CARE is the fifth largest healthcare provider in India and operating 2,600 beds across 16 hospitals in nine cities, it adde...
- Aditya Birla partners Dubai's Abraaj Group for solar plantsDubai-based private equity firm Abraaj Group and India's Aditya Birla Group have agreed to invest jointly in building and operating new sol...
- Aditya Birla Nuvo to develop solar plants with Abraaj GroupDiversified company Aditya Birla Nuvo Ltd (ABNL) would roll out renewable energy platform focused on developing utility-scale solar power p...
- Continental Warehousing may raise up to $150 milionIt is in talks to with a fund jointly managed by State Bank of India , Australia’s Macquarie Group and I Squared Capital to raise $100-$150...
- UK, UAE firms to invest $17.5-m in Indian healthcare chainUK's CDC and UAE's Abraaj Group have jointly invested $17.5 million in Rainbow group of hospitals based in Andhra Pradesh.
- CDC and Abraaj Group invest $17.5 million in AP-based Rainbow Hospitals chainRainbow Hospitals is India’s largest specialized paediatric and maternity care company with four maternity, paediatric and neonatal intensi...
- CDC, Abraaj group invest Rs 100 cr in AP's Rainbow Hospitals"This is a co-investment by CDC and Abraaj and we are together injecting Rs 100 crore in the Rainbow Hospitals".
- Bill Gates-led group to invest $1 bn in Orascom ConstructionThe group will be investing with two other funds in Egyptian infra projects; OCI will absorb all local stock and GDRs of Orascom Constructi...
- Competitive industry, young population to drive India growth: K V KamathGlobal competitiveness of Indian industry, powered by a young population, will drive the country's economic growth momentum over the next d...
- Lehman, IL&FS look to buy 10pc in Ramky armDeutsche Bank, IL&FS, Lehman Brothers and Sabre Abraaj are looking to pick up an equity stake of around 10% in Ramky Estates and Farms, a w...
- PE infusion of Rs 125 cr into RamkyCity-based Ramky Infrastructure Ltd has received equity investment to the tune of Rs 125 crore from IL&FS Investment Managers (IIML) and UA...
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