Early this year an affiliate of global private equity firm Bain Capital sold its stake in logistics company J M Baxi Ports & Logistics to a German shipping and container transportation company, Hapag-Lloyd. Bain made a over 60% IRR (internal rate of return) in the transaction. Bain Capital is keen to invest more in logistics […]
Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based […]
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