Tag: Private Equity

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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CCI Approves Aster-QCIL Healthcare Merger

The Competition Commission of India (CCI) has officially approved the proposed transaction involving a strategic merger between Aster DM Healthcare, Quality Care India Limited...

CCI Approves Bain Capital’s Dhoot Deal

The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV...

India’s Healthcare Investments Surge in 2024: Report

India’s healthcare sector is undergoing a major transformation, with hospitals leading the charge in infrastructure development, digital health adoption, and increased investment activity. According...

Temasek Acquires 10% Stake in Haldiram’s for $1B

Singapore’s state investment firm Temasek has acquired a nearly 10% stake in Haldiram’s, one of India’s most well-known snack brands, for $1 billion, valuing...