BUSINESS
Novartis AG signs pact with ChrysCapital to sell majority stake in Novartis India
Earlier on February 19, Moneycontrol was the first to report that ChrysCapital was in final stage talks to pick up a majority stake in Novartis India.
BUSINESS
ChrysCapital in final stage talks to acquire parent Novartis AG's stake in Novartis India
If the deal goes through, it would mark the first majority deal for Chrys Capital in the Indian pharma segment, sources told Moneycontrol
BUSINESS
BNP Paribas emerges lead suitor for Warburg Pincus stake in IndiaFirst Life Insurance
On November 13, 2025 Moneycontrol was the first to name BNP Paribas as one of the suitors for the deal. Warburg Pincus is exploring an exit after entering the insurer nearly eight years back
BUSINESS
Race for Royal Challengers Bengaluru: Around 9-10 bidders shortlisted for due diligence set to begin this week
The submission of bids by suitors follow’s a strategic review of the IPL franchise (non-core to USL’s alcobev business) initiated in November and expected to conclude by March 31, 2026
BUSINESS
Blackstone & co-investors to enable $1.2 bn fund infusion in AI cloud platform Neysa
Other equity investors in the transaction include TVS Capital, 360 ONE Assets, and Nexus Ventures
BUSINESS
Razorpay picks 4 i-banks for $700 mn plus IPO
Founded by IIT Roorkee alumni, the Bengaluru based firm is backed by the likes of GIC, Peak XV and Tiger Global
BUSINESS
NSE IPO panel picks Rothschild to oversee IPO process
The issue will be an offer for sale by existing shareholders of the bourse
COMPANIES
India’s stock market will have a better year in 2026, says KKR’s Henry McVey
‘Indian equities compound better than any other emerging market in most developed economies that I have tracked in my 30 plus year career,’ McVey said
COMPANIES
Outbound M&A by India Inc will sustain, says Citi’s Rahul Saraf
In an interview with Moneycontrol, Saraf also highlighted that founders of new-age businesses have now come to a point that they understand what it takes to have a sustainable performance in the market, not just in the IPO
BUSINESS
Temasek led consortium in talks for Rs 1,500 cr pre-IPO round in Clean Max Enviro Energy
US private equity firm Bain Capital, 360 ONE and Steadview Capital are the other investors keen to join the consortium
BUSINESS
PAG enters final lap talks to acquire TA Associates & True North backed Accion Labs
TA Associates first invested in Accion Labs in 2020. Then in 2022, True North acquired a significant minority stake from TA Associates.
BUSINESS
Poonawalla Fincorp picks Jefferies, Kotak and JP Morgan for up to Rs 5,500 crore equity capital raise
Incidentally, back in July 2025, Poonawalla Fincorp approved a fund infusion of up to Rs 1,500 crore via the preferential allotment route by promoter entity Rising Sun Holdings
BUSINESS
InMobi, India’s first unicorn, targets $500 mn plus IPO at $4bn to $5 bn IPO valuation; taps 8 i-banks
A pre-IPO round will precede the listing and the firm’s reverse flip (redomiciling from Singapore to India) is in process, sources told Moneycontrol
COMPANIES
Mad Over Donuts launches part stake sale amid deal rush in food segment
Earlier deals at dessert brands Belgian Waffle and Theobroma valued both firms around Rs 1,700 crore and Rs 2,400 crore respectively
BUSINESS
Race for RCB: Dr Ranjan Pai, Adar Poonawalla, EQT, Premji Invest submit non-binding bids
Private equity giant Blackstone is also planning to submit a potential non-binding bid, but no final decision has been taken, sources said
BUDGET
Union Budget: Here is the wish list from Deal Street
From relaxation of delisting norms and Press Note 3 to tax sops and tackling the aftermath of the Tiger Global verdict, top dealmakers speak to Moneycontrol on their key expectations from Budget 2026
BUSINESS
Shapoorji Pallonji Group picks 6 i-banks and kicks off mega Rs 8,000-crore IPO of realty arm
The group is looking to unlock value in its real estate business and pare its debt burden. The deal kick-off happened earlier in January
BUSINESS
Diageo’s USL calls for RCB bids by early February amid suitor frenzy; Dr Ranjan Pai in advanced talks with KKR
The RCB sale process has seen frenetic inbound interest, with more than 50 non-disclosure agreements received from interested parties, sources told Moneycontrol
BUSINESS
Part stake sale brewing at Shah Rukh Khan, Juhi Chawla & Jay Mehta owned Kolkata Knight Riders
Investment bank Nomura has been roped in as the sell-side advisor for the proposed deal which is likely to launch early next year
BUSINESS
L Catterton India, led by ex-HUL MD Sanjiv Mehta, invests in Haldiram's
The deal size and the valuation were not disclosed, but sources said that that L Catterton is likely to have picked up a minority stake
BUSINESS
Majority stake sale in IPL team Rajasthan Royals in play; The Raine Group roped in as advisor
Preliminary discussions have been held with suitors and investors and the targeted valuation for the franchise is $1bn plus, sources told Moneycontrol. Suitors for RCB may also evince interest in Rajasthan Royals, sources added.
BUSINESS
Biocon picks 4 bankers for up to Rs 4,500 crore capital raise; may launch deal by January
Roadshows for the proposed fund raise will begin shortly, sources told Moneycontrol
BUSINESS
ICICI Prudential Asset Management Co files red herring prospectus for mega IPO
The 51:49 joint venture has existed for 26 years with ICICI Bank tying up with Prudential Plc back in 1998
BUSINESS
Race for iD Fresh Food: Apax Partners in exclusive talks for stake buy at $500-mn valuation
The popular Bengaluru based preservative-free, ready-to-cook brand is backed by marquee investors TPG NewQuest and Premji Invest
