Manipal Health picks up hospital building in Bengaluru through 30-year leaseManipal Health Enterprises has secured a large hospital building in Bengaluru's Yelahanka area. The lease spans nearly 30 years, with total...
PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...
Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
Siemens eyes exit from cancer care chain American Oncology InstituteSiemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute. The deal is valued between ₹1,500-2,000 crore. P...
Temasek, TPG look to admit more investors to CloudnineTemasek and TPG Newquest are on the hunt for new financial partners for Cloudnine Hospitals, a premier name in mother and child healthcare....
Manipal Health acquires land, hospital in Mumbai’s Andheri for Rs 495 croreManipal Health Enterprises has made headlines by purchasing a hospital site in Andheri, Mumbai for Rs 495 crore. This acquisition is a slic...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
TPG to buy NIIF Green Infra NBFC Aseem for Rs 4,000 crUS buyout group TPG, alongside ICICI Bank and GIC of Singapore, is set to acquire Aseem Infrastructure Finance Ltd for Rs 4,000 crore. This...
TCS joins AI, data centre rush with $2 billion TPG alliance, draws gigawatt-scale plansHyperVault a 51:49 JV, will raise $4-4.5 b debt as well. Company plans to offer services to hyperscalers, Indian enterprises and government...
Green Hydrogen company Ohmium closes $250 Million Series C fundraise led by TPG Rise ClimateThe funding will be used to support Ohmium’s expansion to 2 GW in annual manufacturing capacity and the deployment of projects for the comp...
Tata Motors raises final tranche of Rs 3,750 crore from TRG Rise ClimateIn October 2021, Tata Motors announced that it will raise USD 1 billion in its passenger Electric Vehicle (EV) business from TPG Rise Clima...
Tata Motors gets first tranche of Rs 7,500 crore TPG investmentThe company had announced last October that TPG Rise Climate along with its co-investor ADQ, shall invest ₹7,500 Cr in compulsory convertib...
TPG Rise Climate, ADQ to invest $1 billion in Tata Motors' new EV unitThe investment will value the “TML EVCo” at $9.1 billion at the upper end. The company will benefit from all the existing investments and c...
TPG to invest Rs 7,500 cr in Tata Motors EV arm at $9.1 bn valuationThe company’s board approved the formation of a new subsidiary that will undertake the electric business in India as the company gears up f...