TECHNOLOGY
Best smartwatches you can buy: Choose from Apple, Samsung, Google, Fitbit and more
This festive season, gift yourself a good smartwatch that not only offers style but also fitness and wellness features. You can take your pick from smartwatches by Apple, Google, Garmin, Samsung, Fitbit, and Amazfit.
BUSINESS
Softbank set to sell Zomato stake worth Rs 1,000 crore via fresh block deal
The year 2023 has been an active year for block deals, and according to data from Prime Database, PE and venture capital firms exited investments worth Rs 57,338 cr through block deals between January and August as compared to Rs 41,051 crore during the same period last year
BUSINESS
Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore
Hero MotoCorp owns around 40 per cent stake in Hero Fincorp, the promoters, the Munjal family hold around 35-39 per cent while the balance is held by private equity investors like Apollo Global, ChrysCapital, Credit Suisse and some dealers of HeroMoto Corp.
TRENDS
Classic whisky cocktail recipes: Take your pick from Bonded Boulevardier, Old Fashioned or the Sazerac
Best whisky cocktail recipes: Check out these six iconic whisky-based cocktails - the Whiskey Sour, Sazerac, Old Fashioned, Manhattan, Whisky Highball, and Bonded Boulevardier. Recreate these timeless libations at home or enjoy them at their favourite bars.
TRENDS
8 coolest gadgets launched this fortnight, starting with Google Pixel Watch 2
Pre Diwali launches: From a flip phone by OPPO, to Samsung's latest fan edition (FE) tablet and a fingerprint-enabled pen drive, cool gadgets launched in the first half of October 2023.
BUSINESS
Niva Bupa to raise Rs 800 crore from Motilal Oswal Alternate Investment, Temasek & Paragon Partners
Four years after picking up a majority stake from Max in Max Bupa Health Insurance (now Niva Bupa Health Insurance), homegrown private equity firm True North struck its biggest deal on September 30 by ceding control to JV partner Bupa.
BUSINESS
Race for Goldman Sachs-backed Good Host Spaces: Alta Capital in lead to acquire India's largest student housing platform
In September 2017, Goldman Sachs picked up a significant majority stake of 75 percent in Good Host Spaces via a combination of primary and secondary transactions while private equity major Warburg Pincus purchased nearly 25 percent in April 2021 by giving an exit to HDFC Ltd.
TECHNOLOGY
Best smart TVs under Rs 30,000: Sony, OnePlus, Samsung, Acer lead the feature-rich pack
Looking for a budget-friendly smart TV under Rs 30,000? Discover top picks from brands like Nokia, OnePlus, Xiaomi, Samsung, Sony, and Acer, offering great features and value for money.
TRENDS
Unseen obstacles for new electric vehicle owners in India
I moved to an EV this year and I am almost glad I did.
BUSINESS
SoftBank plans to sell part stake in PB Fintech in fresh block deal of around $105 mn
In December 2022, the Japanese investor sold 5.1 per cent stake in PB Fintech
BUSINESS
Manappuram Finance arm Asirvad Micro Finance files for Rs 1,500 cr IPO
In February 2015, the Kerala-based gold loan provider acquired a significant majority stake in the Chennai-based microfinance firm as part of a diversification strategy
BUSINESS
Ashish Jhaveri joins Jefferies as head of i-banking, India
Over the past 2 years, Jefferies has bulked up its India investment banking team with other key hires in the equity capital market and tech teams.
TECHNOLOGY
9 new features in the iPhone 15 series that are first-ever in any smartphone
Some of the biggest updates on the iPhone 15 devices are around the camera. And one of the most welcome changes is USB-C charging. Apple finally has done away with its trademark Lighting cable and opted for a more universal USB-C charging.
BUSINESS
Niva Bupa grew 4x in 4 years; may attempt IPO in 15 months, says True North's Divya Sehgal
Sehgal believes private equity interest will continue in the health insurance segment. In the financial services space, True North also backs NBFC FedFina and Fincare Small Finance Bank
TRENDS
Premium rums for your home bar: Say cheers to Bacardi, Ron Zacapa, Havana Club, Mount Gay and more
Rum is making a comeback in India, with a 24.94% YoY growth in 2021, largely driven by dark rum. Mixologists are embracing spiced and white rums, and dark aged rums are gaining interest among Indian spirits enthusiasts. Check out these 7 premium rums for your home bar.
BUSINESS
Bajaj Finance plans mega $800mn-$1bn fund raise; engages JM Fin, Citi, Morgan Stanley & BofA Securities
On August 5, Moneycontrol was the first to report that another NBFC, Murugappa Group-backed Cholamandalam Investment and Finance Co , had shortlisted advisors to raise upto Rs 4,000 crore via a QIP which was likely to launch in September
TRAVEL
World Tourism Day 2023: Should you take a cruise holiday on your next Mediterranean trip?
While one often finds enough Indians on various cruise trips, the Cruise Lines Association revealed that just 201,000 Indians took a cruise vacation in 2022, compared to 11.9 million Americans. But the India numbers are growing. The key to picking your cruise holiday is pricing.
BUSINESS
Quadria Capital-backed Akums, India's largest contract manufacturer of drugs, kicks off 2024 IPO plans
Private equity firm Quadria Capital recently made a complete exit from its portfolio company Concord Biotech which made its public debut last month
TRENDS
Should you buy the new iPhone 15 or iPhone 15 Pro?
2023 might go down as a year where the iPhone line-up saw a significant upgrade. This was no radical overhaul like the iPhone X back in 2017 and yet there are some noticeable differences.
BUSINESS
Nirma makes big pharma push; acquires 75% in Glenmark Life Sciences for Rs 5,651 cr
With this acquisition, Nirma group founded by Dr Karsanbhai Patel has forayed into the API segment. Glenmark Pharma, the parent of Glenmark Life Sciences will use the deal proceeds towards repayment of debt
BUSINESS
ChrysCapital & Peak XV backed Awfis picks 3 i-banks for 2024 IPO; first ever by a co-working space startup
Chennai based Awfis competes with the likes of WeWork, Smartworks and Tablespace. The segment has seen a sharp recovery post Covid-19 with a bulk of the demand coming from the IT sector.
BUSINESS
Shell weighs strategic review of Sprng Energy in India post $1.5 billion buyout
Set up in 2017 by sustainable infrastructure investor Actis, Pune based Sprng Energy supplies solar and wind power to electricity distribution companies in India.
BUSINESS
Veteran i-banker Ravi Kapoor turns entrepreneurial with deal advisory and investment firm SACS Partners
Kapoor has more than 35 years of banking and capital markets experience and has led several marquee deals across equity capital markets, debt capital markets, mergers & acquisitions and acquisition financing.
BUSINESS
MC Interview | ChrysCapital's Kunal Shroff sees bigger trend of larger stake sales and control deals
ChrysCapital has struck more than 100 deals in India, raised $5 billion over nine funds and returned $6.5 billion to investors. The leading private equity firm backs companies ranging from Lenskart and Bandhan MF to Mankind Pharma and GMM Pfaudler
