Bullish James Murdoch sets up first Mumbai office

Bullish James Murdoch sets up first Mumbai office

James Murdoch , younger son of media mogul Rupert Murdoch , has set up the first office outside the US for his new investment firm, Lupa Systems, in Mumbai. It will be led by his former associate Nitin Kukreja, who said, “James has always been bullish on India. It’s a...
GIC to pick up Bharti Airtel stake

GIC to pick up Bharti Airtel stake

Singapore sovereign wealth fund GIC Pte. Ltd will invest $700 million in Bharti Airtel Ltd, marking its third-biggest bet on an Indian company and boosting the telecom operator’s war chest amid stiff competition. GIC joins investors from Japan to Canada in pumping...
TPG enters India’s pharma market

TPG enters India’s pharma market

TPG Growth has announced that it would invest $30 million in Solara Active Pharma, a leading global manufacturer of active pharmaceutical ingredients (API) with a network of customers including several top global generic companies in the US and Europe and a robust...