India: Reliance Industries closes Marcellus shale assets’ sale to BKV Chelsea


The assets are currently operated by Carrizo Oil and Gas Inc. and are being sold to BKV Chelsea LLC, an affiliate of Kalnin Ventures LLC.

India: Old Bridge Capital to launch first Category 3 AIF of $62m

The capital will be raised largely from high net-worth individuals and family offices.

India: Sunteck Realty to invest $232m in commercial leasing portfolio

Last month, the company raised $100 million via a QIP and promoter capital infusion.

Indian private equity vehicles head towards breaking fundraising records in 2018

At present, there are 101 domestic funds in the market targeting to raise around $14.4 billion.

Uber looks to step up India investments

Uber plans to build India-specific and global innovations at its Bengaluru centre and scale up its engineering team

Lotte Confectionery to buy India’s Havmor Ice Cream for $157m

The deal marks Lotte’s entry into the India ice-cream market and will give the company a larger geographic presence

India: Star Health Insurance stake sale draws bids from Temasek, Carlyle, 10 others

Investors who have submitted bids include Kedaara,, Carlyle, Bain, Warburg Pincus, HDFC Ergo, ICICI Lombard, and Hero FinCorp.

Everstone Group acquires Malaysia-based healthcare services firm Chemopharm

The deal underscores Everstone’s healthcare focus as it already has interests in firms such as Rubicon, OmniActive and Ascent

India’s Bharti family pledges $1b to philanthropy

The Satya Bharti University, to be set up in north India with a capacity to enrol 10,000 students, hopes to attract academics from across the world.

UTI Capital makes first close of maiden India debt fund at $74m; eyes mid-market deals

UTI Capital MD Rohit Gulati talks about the plans for the maiden fund and the debt market in India.