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TPG ACQUISITION
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...
Tide crosses 2 million members worldwide with India driving the next phase of growthOver 1.1 million Indian small businesses joined Tide since its December 2022 launch, highlighting the platform's success in catering to a n...
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...
TCS aims to be world's largest AI tech firm; 130 top AI clients onboarded: CEO KrithivasanTCS is targeting global leadership in AI-led technology services. A significant majority of its top clients are already collaborating with ...
TVS, other investors keen to buy into Jana Small Finance BankJana Small Finance Bank is poised for a significant capital infusion. TVS Venu Group plans to acquire a 10% stake. Several other investors ...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
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...
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
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...
OpenAI, Anthropic ventures in talks to buy AI services firms: SourcesAI giants OpenAI and Anthropic are planning to buy companies that help businesses use artificial intelligence. These moves aim to bring in ...
AHH names Venkatesh Tarakkad as CFO; Ritesh Pandey moves to chief business officer roleAsia Healthcare Holdings has appointed Venkatesh Tarakkad as its new Chief Financial Officer and Head of Business Development. Tarakkad bri...
Quadria, PE funds eye stake in Samarth Lifesciences; deal may value firm at Rs 4,500 croreQuadria Capital is eyeing a strategic acquisition of a majority interest in Samarth Lifesciences, a move that could value the transaction a...
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...
China approves Blackstone, TPG acquisition of medtech firm HologicChina's market regulator has approved the acquisition of medical diagnostics firm Hologic by private equity firms Blackstone and TPG. This ...
CCI slaps Rs 55 lakh penalty on ADIA, TPG GroupIn December 2022, the Competition Commission of India (CCI) received a notice jointly given by Platinum Trust, acting through Platinum Trus...
CCI clears Blackstone, TPG buying stakes in Busybees LogisticsBlackstone is a global alternative asset manager. Besides, the regulator has given its nod to TPG Growth V SF Markets Pte Ltd (TPG SF) to a...