india

The $1.3bn raise from the electronics giant and $1.75bn IPO from Tata Group's financial services arm attracted strong demand from institutional investors. Citi is seeing its largest Indian IPO pipeline on record.

The new branch in the IFSC will be led by Mihir Baxi, and will support renewable energy and infrastructure in India, including roads, transmission, data centres, technology and telecommunications.

The financing will help Manipal Education and Medical Group with its corporate expansion; India is a "priority" market for KKR's credit strategy.

The agreement, which will reduce tariffs across billions of dollars of goods, comes after three years of talks.

Demographics, economic growth and government initiatives are bolstering demand to provide more investment into India's healthcare infrastructure, as overall PE sentiment in the region improves.

The $400m deal will see global PE firm acquire up to 54% of equity from CVC, and up to a total 77% stake of the Indian cancer care specialist; KKR made several significant investments into Indian healthcare firms last year, as regional PE deals bounceback.

The global IT services firm, which uses AI, is still majority owned by Carlyle; the listing on the BSE and NSE is the largest technology services and sponsor-owned IPO in India; there were five banks involved.

K. Balasubramanian, Asia South head of corporate banking, has been appointed India subcontinent sub-cluster & banking head and India Citi country officer & banking head designate, to replace Khullar's current role.

The German bank has tripled its capital base in the fast-growing economy over the last decade.