PNB Housing Finance Limited, one of the largest housing finance companies in India, announced that its Board has approved a capital raise of up to INR 4,000 crore, led by entities affiliated to The Carlyle Group Inc (Carlyle). Pluto Investments S.a.r.l., an affiliated entity of Carlyle Asia Partners IV, L.P. and Carlyle Asia Partners V,…
Bharti Airtel said that its subsidiary Nxtra Data Limited has signed a Memorandum of Understanding with the Maharashtra Industrial Development Corporation for setting up two new data centre campuses in the state. The new facilities will come up at Mumbai and Pune respectively. Nxtra by Airtel offers secure data centre services to leading Indian and…
The Carlyle Group which is a global investment firm has announced the appointment of former Chief Executive Officer of HDFC Bank, Aditya Puri as its Senior Advisor in Asia. Mr Puri will advise the Carlyle team on investment opportunities across Asia and will also provide guidance on the changing market landscape and new opportunities for…
Piramal Pharma Limited (PPL), a subsidiary of Piramal Enterprises Limited (PEL), announced that it has received INR 3523.40 Crores on closure of the transaction for 20% equity investment from CA Alchemy Investments (formerly known as CA Clover Intermediate II Investments), an affiliated entity of CAP V Mauritius Limited, an investment fund managed and advised by…
The Carlyle-group backed Ortho Clinical Diagnostics recently announced that it has appointed Joseph M. Busky as Chief Financial Officer, effective July 7, 2020. Busky, who previously served as Chief Financial Officer for Vyaire Medical, Inc., has over 30 years of experience in corporate and operational finance for large, global companies across diagnostics, medical devices, telecom,…