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Monday, October 27, 2025
TopicTPG

Topic: TPG

Mukesh Ambani adds TPG Capital to Jio backers with $600 million sale

Jio Platforms, with equity value of about $65 billion, has sold over 22% in stakes to buyers including Facebook Inc., KKR & Co., Silver Lake Partners and General Atlantic.

Manipal Health proposes revised offer to takeover Fortis Healthcare

Manipal Health Enterprises Pvt. has proposed merging with Fortis in a deal that will value the latter at 83.58 billion rupees ($1.3 billion), translating into 160 rupees a share.

Fortis Healthcare nearing a $1.2 billion deal with TPG-Manipal

Fortis is discussing issuing around 40 billion rupees ($615 million) of new stock to TPG and Manipal through a preferential allotment, one of the people said.

On Camera

Lokpal, CAG to whistleblowers—why anti-graft warriors need a BMW ride during Modi govt

CAG reports are still coming but the old bites and stings have gone missing. The CAG is still unsparing in some cases but the BJP may not mind it at all.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.