BUSINESS
Corporate Crossings: EYs Chirag Agrawal headed to Deloitte as new head of corporate finance
Agrawal, an alumnus of London School of Economics and Politics Science, has over two decades of investment banking experience
TECHNOLOGY
Best laptops under Rs 1 lakh: No compromises on firepower, battery life or premium design
Best laptops Check out the ASUS Zenbook S 13 OLED, Microsoft Surface 9 Pro, MacBook Air M1, Samsung Galaxy Book 3, Lenovo Idea Pad Slim 5i, Fujitsu UH-X, and Dell G15 Laptop.
BUSINESS
Shriram Finance revives stake sale plans in subsidiary Shriram Housing Finance
Parent Shriram Finance, which is mainly into commercial vehicle financing, owns 84.82 percent in Shriram Housing Finance, while 14.94 percent stake is held by US-based private equity player Valiant Capital Management
BUSINESS
$444 mn block deal likely in Axis Bank; Bain Capital plans to pare stake
Bain Capital entered Axis Bank in November 2017 and has been gradually diluting its stake via the block deal route. The Axis Bank stock has risen by 10. 3 percent in the last month
BUSINESS
Mega $590 million-plus block deal in Mankind Pharma; 3 PE funds may sell stake
The Mankind Pharma stock has risen by 30 percent in the last six months. It had a strong debut on the domestic bourses on May 9 .
TECHNOLOGY
Best camera phones in 2023: From Apple to Redmi, here are our top 6 across all price range
Smartphone photography continues to get better with each new wave of devices that are riding on a brilliant blend of superior hardware and improved computational photography. These are among the best smartphone cams you can buy now.
BUSINESS
Peak XV Partners ,TPG and Matrix Partners may sell part stake in Five Star Business Finance
One of the sources said that the proposed block deal was likely to be launched soon with investment banks Kotak Mahindra Capital and ICICI Securities acting as advisors
BUSINESS
CVC Capital, Warburg Pincus in fray for digital tech services firm TO THE NEW
Private equity firms have been active in the IT and technology services space in 2023, including deals like Warburg Pincus-Everise and Apax Partners-IBS Software
BUSINESS
With eye on bets worth $10 billion, Temasek's board of directors land in India for key visit
The visit by the Temasek top brass comes in the backdrop of domestic stock markets hitting record highs and state election results indicating policy continuity
BUSINESS
TPG & Norwest Ventures-backed SK Finance planning $250-300 million IPO in 2024
Established in 1994, SK Finance has a legacy of over 28 years in the used vehicle finance segment
BUSINESS
Advent gears up for big-bang sale of Bharat Serums and Vaccines
Reports had named Cipla, Zydus Cadila, Dr Reddy's, Carlyle, BPEA EQT and Mylan as other potential suitors for Bharat Serums and Vaccines.
BUSINESS
Short-covering fuels market rally in Nov series, bullish momentum likely to continue
Nifty will start the December series with an open interest (OI) of 1.07 crore shares compared to an OI of 1.16 crore shares at the beginning of the November series.
COMPANIES-2
IPO-bound NBFC Avanse, backed by Warburg Pincus, seeks fresh Rs 1,000-cr fund raise
In March 2019, Warburg Pincus entered into definitive agreements to acquire an 80 percent equity stake in Avanse Financial Services held by Wadhavan Global Capital group
BUSINESS
Advent International exploring strategic options for Manjushree Technopak; eyeing up to $1bn valuation
In October 2018, Advent invested in market leader Manjushree Technopack in partnership with the founding Kedia family. As part of the transaction, Advent purchased all the shares owned by investor Kedaara Capital and a portion of the Kedia family’s stake
TECHNOLOGY
Best compact smartphones: Choose between Apple iPhone 15, Google Pixel 8, OPPO Reno 10 Pro and others
Best compact smartphones: Here are some of the most compact smartphones you can buy right now. Whether you’re looking for a smaller display like the iPhone 15 or a phone with a larger display that isn’t too bulky, we’ve got you covered. Check out this list.
BUSINESS
India provides tremendous opportunities in digital right now: Mubadala's realty CEO
Mubadala has invested over $4 billion in India of which $1.6 billion has been deployed by the real estate and infrastructure investments platform.
BUSINESS
'If we get like-minded investors, will induct for India biz post GCC,' says Dr Azad Moopen
At their meeting held on March 28, 2022,the Board of Directors of Aster DM Healthcare had constituted a Committee of Independent Directors of the Board to review the corporate structure of the company and explore options for enhancing value
BUSINESS
Aster DM Healthcare seals deal for sale of GCC Business for $1 bn; Fajr Capital roped in
The buyer, Alpha GCC Holdings, will be owned by the promoter/ promoter group of Aster India and funds managed by Middle East private equity firm Fajr Capital Advisors Limited in the shareholding ratio of 35:65, respectively.
TECHNOLOGY
Best home projectors to buy in India right now
From the board room to the living room, the pandemic and shifting consumer preferences have seemingly changed the projector segment.
TRAVEL
36 hours in Melbourne, Australia
Irrespective of who wins in the India-Australia Final match of the ICC World Cup 2023 today, a Down Under trip is always memorable. Whether you’re looking to extend your work trip in Melbourne or planning a holiday to Australia, this list is a great starting point.
TRENDS
Sam Altman, face of generative AI, fired by OpenAI board. Now what?
Why Sam Altman getting fired came as such a surprise, and questions that arise now - including whether Sam Altman’s exit will give other AI companies a shot in the arm, what will happen to OpenAI’s staggering valuation and what will Sam Altman do next?
BUSINESS
Softbank set to sell Delhivery stake worth $150 mn in fresh block deal
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 crore through block deals between January and August compared to Rs 41,051 crore during the same period last year
TECHNOLOGY
These are the best laptops under Rs 50,000: Choose from Dell, ASUS, HP, Honor, Lenovo and Xiaomi
Looking for an affordable yet powerful laptop? Check out these top options under Rs 50,000. You can choose between the ASUS Vivobook 16X, HP Laptop 15s, Honor MagicBook X14, Xiaomi Mi NoteBook Ultra, Dell Vostro 3520 and the Lenovo IdeaPad Gaming 3i 11th Gen.
TECHNOLOGY
Which foldable phone to buy in 2023: OnePlus Open vs Samsung Galaxy Z Fold 5
It’s an epic face-off between a seasoned campaigner and the new kid in town: comparing price, form and features of the Samsung Galaxy Z Fold 5 (Rs 1,54,999) and OnePlus Open (Rs 1,39,999).
