BUSINESS
Amber plans to raise up to Rs 3,000 crore through QIP, IPO of subsidiary ILJIN Electronics
The consumer durables player is eyeing a Rs 1,500-crore QIP for Amber Enterprises and is looking to raise another Rs 1,200-1,500 crore through ILJIN Electronics’ IPO
BUSINESS
Blackstone targets Indian infrastructure and energy opportunities, scouts for investment talent
The PE firm’s infrastructure business manages assets worth $60 billion, primarily in North America and Europe
BUSINESS
Macquarie prepares to sell its TOT road bundle for $1.5 billion
If the entire portfolio of nine roads is sold, it will be the biggest such deal in India, exceeding KKR’s acquisition of 13 roads from PNC Infratech for Rs 9,000 crore
BUSINESS
IRB InvIT Fund likely to raise up to Rs 3,000 crore via QIP to fund road acquisitions
In May, IRB InvIT Fund entered into a non-binding offer with and IRB Infrastructure Trust for the transfer of its three highway assets for an aggregate enterprise value of around Rs 8,450 crore
BUSINESS
India Inc’s cash pile growing twice as fast as its debt
India Inc’s strategy to build bigger cash reserves comes at a time when companies worldwide are grappling with economic uncertainties stemming from high interest rates, supply-chain realignments, tariff wars and geopolitical disruptions
BUSINESS
Not taking loans or pledging shares for ZEE fund infusion: Subhash Chandra
Chandra’s comments came in an over 90 minute long call with analysts and investors, which the company said is part of its strategy to improve corporate governance and outreach to shareholders.
BUSINESS
Avendus sale faces delay as KKR, Gaja Capital squabble over exit premium
The deal, valued at approximately $700 million, will mark Mizuho's biggest investment in India, reflecting a major commitment to the Indian market
BUSINESS
Promoter-led IPOs outshine PE-backed issues in returns
An analysis of 218 IPOs from FY20 to FY25 shows that non-PE-backed', or promoter-led, companies have generated an average listing day return of 33.40%. PE-backed firms delivered a more modest 21.36%
BUSINESS
Torrent Pharma revives talks to acquire KKR’s stake in JB Pharma; deal expected soon
KKR’s stake is worth approximately Rs 13,400 crore considering the J B Pharma stock’s closing price of Rs 1,802.9 per share on June 27.
BUSINESS
It's all in the name: Allchem IPO plans run into trademark suit filed by pharma biggie Alkem
The lawsuit has cast a shadow over Vadodara-based company's market debut. It has warned of serious business impact if the court accepts Alkem's demand that Allchem not be allowed to use its name and the IPO process frozen
BUSINESS
Adani Energy in talks to acquire Megha Engineering’s transmission assets
The deal talks have come at a time when there is a larger family settlement plan between MEIL’s founding duo - uncle-nephew pair P Pitchi Reddy and PV Krishna Reddy - as they restructure ownership of the construction conglomerate.
BUSINESS
Lalithaa Jewellery promoter doubles ups as brand ambassador, fee raises governance worries ahead of IPO
The company had passed a resolution discontinuing the brand ambassador fee arrangement with effect from FY24-25.
BUSINESS
A choppy economic environment can often be a great time to deploy capital: Samara Capital’s Abhishek Kabra
In private markets, valuations tend to be less volatile. The five-year rolling data for private equity in India shows rising deal activity and capital deployment, the Samara Capital managing director tells Moneycontrol
BUSINESS
Retail investors bet big on turnaround stories in hopes of a jackpot
Tata Motors, Yes Bank, Tata Steel, Vodafone and Suzlon energy are the stocks with highest number of retail investors
BUSINESS
Indian pharma companies sit on record cash pile, set sights on acquisitions
In FY25 alone, the cash pile increased by over Rs 10,200 crore, underscoring a decisive shift in the capital allocation priorities of India’s drugmakers
BUSINESS
Clean energy IPO rush this fiscal, firms line up offers worth Rs 25,000 crore
The surge reflects rising investor appetite for climate-focused businesses, driven by strong policy support, growing corporate demand for green power and the need to build domestic capacity in line with India’s ambitious clean energy goals
BUSINESS
HDB Financial Services likely to launch Rs 12,500-crore IPO by mid July
It will be the biggest IPO of the year, surpassing the Rs 8,750-crore offer of Hexaware Technologies, marking the return of animal spirits in the primary market
BUSINESS
Metro hospital chain plans Rs 1,000-crore IPO to fund expansion plans
Metro's IPO plans come at a time when the Indian healthcare sector is seeing a surge in public offers, reflecting investor confidence in the industry's growth prospects.
BUSINESS
Bessemer Venture Partners appoints Pankaj Mitra as India partner
Mitra brings more than 25 years of experience in the tech and investment sectors. He joins Bessemer from Cisco’s corporate development team
BUSINESS
Solar module maker Emmvee eyes Rs 2,500–3,000 crore via IPO, joins the fundraise bandwagon
The Emmvee Group has a total manufacturing capacity of 2.5 gigawatts (GW) and 6.6 GW for solar cells and solar modules.
BUSINESS
With Goldman Sachs onboard, HR SaaS firm PeopleStrong bets on agentic AI and emerging market expansion
PeopleStrong is combining the depth of its HR SaaS expertise with Goldman Sachs' strategic insight and AI excellence to drive innovation, CEO Sandeep Chaudhary tells Moneycontrol
BUSINESS
Rakesh Gangwal, family to sell up to 3.4 percent stake in IndiGo at a floor price of Rs 5,175 via block trades
Shares will be sold by Rakesh Gangwal and The Chinkerpoo Family Trust, who hold a 13.5 percent stake in the airline.
BUSINESS
Brookfield eyes $100 billion India portfolio in five years, says President Connor Teskey
Teskey said that Brookfield expects its global portfolio of around $1 trillion to reach $2 trillion or more in the next five years.
BUSINESS
Temporary blip due to Indo-Pak tensions, but luxury hotels to recover soon: Brookfield ahead of Leela IPO
Brookfield Asset Management-promoted Leela Palaces, Hotels, and Resorts is preparing to list as Schloss Bangalore Ltd in a Rs 3,500 crore initial public offering
