India plans to offload more SUUTI stocks separately this year


The Bharat 22 ETF includes 22 central public sector enterprise (CPSE) stocks.

India Digest: Everstone eyes JS Hospitality exit; Indian Hotels plans rights issue; Piramal Fin extends loans

Everstone Capital is looking to sell its 45% stake in JS Hospitality, the operator of Pind Balluchi chain of restaurants.

Close to $1b invested in India, another billion to be deployed in 3-4 years: Partners Group

The firm aims to close larger deals in the country.

Exclusive: Sudheer Kuppam’s Epsilon Venture aims to close $350m fund by Q1 2018

The firm was founded by Sudheer Kuppam, former India and Asia Pacific managing director of Intel Capital.

India: Aarin Capital to focus on portfolio exits this year, says MD Deepak Natraj

In July 2016, Aarin Capital had partially sold its stake in test preparation course provider Byju’s.

India: Russia’s Rosatom eyes Inox’s wind turbine manufacturing biz

Inox is India’s second largest wind-turbine maker by market share.

India: Gland Pharma investors mulling 74% stake sale to Fosun in alternative plan

Under Indian regulations, Fosun can acquire up to 74% stake in Gland Pharma without needing government approval,

India: TPG Capital’s stake sale in Healthium Medtech draws 4 bidders

TPG has decided to sell its entire 73% stake if there is a buyer for an overall valuation of $500 million.

India: Rosneft completes $13b Essar Oil acquisition

The deal has been termed by Essar as the largest foreign direct investment in India.

Infosys approves up to $2b buyback of shares at 24.57% premium

After the stock went through a sharp correction on Friday on CEO Vishal Sikka’s surprise exit.