-
Venture capital fund Sequoia holds a 33 percent stake in the company, Chryscapital 20 percent and the promoters, including GK Ramani, and the management hold the rest in Curatio
-
Biocon is calling the deal a transformational acquisition creating a world-leading biosimilars enterprise.
-
In FY21, Butterfly clocked a revenue growth of 27 percent despite the pandemic disruptions
-
The total deal, comprising 55% stake, open offer and trademarks, will be worth Rs 2,076.63 crore and is expected to be financed through a mix of internal accruals and debt
-
Butterfly Gandhimathi has been on the market to raise close to Rs 500 crore recently to fund its capital expenditure plans.
-
Coastal Oil & Gas Infrastructure was incorporated to provide services to the petrochemical refinery project proposed to be set up by Nagarjuna Oil Corporation Ltd, which was acquired by The Chatterjee group controlled Haldia Petrochemicals in a liquidation process last year
-
Blackstone, the world’s largest alternative asset manager, said that it has acquired a majority stake from its peer Advent International and other sellers.
-
The current fiscal has seen the domestic two-wheeler industry impacted by twin challenge of softer demand due to pandemic and margin squeeze due to sharp commodity cost inflation, said Niranjan Gupta, Chief Financial Officer
-
Torrent Power’s long-term power purchase agreement for the project is with the Gujarat Urja Vikas Nigam limited for a period of 25 years at an estimated enterprise value of Rs 163 crore.
-
Qfix is a cloud-based end-to-end platform delivering online integrated payments and billing services to multiple sectors.
-
Air India must succeed and soar, and regain its lost glory. It will be good for the customers, the employees, the economy, and India. But before that it must find a way to merge all the three airlines
-
Activision fits into the recurring revenue model comprising software and platform subscriptions that Microsoft has been increasingly moving to
-
PE firms – both global and home grown - can be expected to double down on investments in tech services in 2022 and beyond
-
With this deal, Microsoft would not only leapfrog ahead in gaming, but also steal a march in the metaverse land grab
-
Microsoft's latest deal with Activision could raise eyebrows over anti-competitive fears. How that will play out is yet to unfold. So far, no one has attempted to build a monopoly in gaming by throwing money to buy out rivals.
-
In today’s edition of Moneycontrol Pro Panorama: Demand worries for UltraTech, SME IPOs the talk of the town, infra in a sweet spot, the margin call and more
-
The organic prospects coupled with earnings accretive acquisition in growth areas should keep the earnings trajectory strong amid an unprecedentedly strong demand environment and make a case for long-term investment in Tech Mahindra
-
HUL does not face the growth problems that Unilever faces in developed markets. But Unilever’s growing appetite for a consumer health business may pull HUL along with it
-
Amazon currently has a 24 percent stake in Cloudtail, while Catamaran Ventures, NR Narayana Murthy’s private investment firm, has a 76 percent stake in it. Additionally, Amazon India’s head Amit Agarwal is one of the board members of Cloudtail.
-
In September 2021, White Oak’s subsidiary, GPL Finance (the sponsor firm), got the regulatory nod to acquire YES Mutual Fund.
-
The stock was trading 3.8 percent higher to Rs 2946.35 on BSE
-
The value of deals was 54 per cent higher than in 2019 before the pandemic
-
According to analysts, the merger is significant as it will bring tremendous synergies between the two companies that will exponentially grow the business and the sector
-
Byju’s is not just the largest ed-tech player in India, also the most valued ed-tech start-up globally. But it is not alone. India has 4 more unicorns in the ed-tech space: Unacademy, UpGrad, both focusing on higher education, Eruditus, and Vedantu
-
The regulator observed that the plant had not established control procedures and processes with respect to cleaning and maintenance were inadequate
-
The acquisition of the Reebok rights will fill a key gap in ABFRL’s portfolio — sports and active wear segment
-
The correction/consolidation phase of Shriram Transport stock could provide an opportunity to patient long-term investors
-
The firm had never executed a transaction, had raised no dedicated buyout fund and maintained only a minimal website
-
The company believes that the merger would help it bring together all its lending products – commercial vehicles, two-wheeler loans, gold loan, personal loan, auto loan and small enterprise finance - under a single roof
-
Smart investors should quickly pocket any listing gains in RateGain and wait for a correction in the secondary market to enter with a long-term perspective
-
In January 2019, AION Capital Partners, a joint venture between Apollo Global Management & ICICI Venture had acquired IGT Solutions. Other than travel and hospitality, IGT Solutions also operates in segments like land transportation, logistics, and cargo, e-commerce, and gaming. It is led by CEO Vipul Doshi and Utsav Baijal, Head of India Private Equity at Apollo Global is part of the company’s board of directors.
-
Sony Pictures will inject $1.57 billion capital into the merged entity, which will enable it to compete with global giants in the OTT space. With its strong and varied content portfolio, the merged entity will also be able to benefit from the recovery in ad revenues.
-
Near-term growth potential seems to be moderate for Ipca Laboratories but the long-term growth levers are intact and the acquisition of Lyka Labs will likely open strong opportunities
-
Amazon had moved the Supreme Court in appeal after the Delhi High Court passed an order directing the Competition Commission of India to review the approval granted to the 2019 deal between Amazon and Future Coupons
-
Digital platforms can improve the reach of doctors and pharmaceutical products. However, competitive pricing can pose risks to the pharma retail network
-
Canadian billionaire Prem Watsa-backed Fairfax Group and the UK government’s development finance institution CDC Group plc are key investors in IIFL Finance, holding 22.3 percent stake and 7.7 percent stake, respectively. With over 2,563 branches, IIFL Finance and its subsidiaries, IIFL Home Finance Limited and Samasta Microfinance, are focussed on retail lending.
-
The Japanese leader in heavy machinery is set to take a majority stake in the Indian tractor-maker, as part of its move to expand in emerging markets, which will enhance Escorts' competitive edge
-
Insurance sector to remain highly competitive, and LIC is game for it, asserts Kumar
-
The company declared its financial results for the quarter ending September 30, 2021 with standalone net at Rs 2.37 crore as against Rs 47 lakh registered during same quarter of previous year.
-
The total investment proceeds of Rs 5,347 crore makes it the biggest equity fundraise by a listed road and highway firm. The issue price for both the preferential allotments is Rs 211.79 per share.
-
Deal proceeds are likely to be used by IRB Infra for deleveraging its balance sheet and growth plans. On October 21, IRB Infra had intimated the stock exchanges that its board of directors would meet on October 26 to consider and approve fundraising plans.
-
The companies have discussed a potential price of $70 per share, which would value Pinterest at around $39 billion, according to Bloomberg News.
-
The quarter also witnessed the highest number of IPO issues in over a decade with 18 issues amounting to $5bn. QIP’s ceded ground to IPOs in this quarter even as start-ups stole the show when it came to PE driven deals.
-
This strange battle for control is increasingly taking on the curious narrative of pitting the company’s management against its own shareholders
-
The acquisition is expected to expand Accenture's capabilities in data science, machine learning and AI-powered insights.
-
The average redemption rate during the third quarter was 52.4 per cent, according to data provider Dealogic, significantly up from the first three months of the year
-
Torrent Power is acquiring CESC's wind energy project subsidiary at 1.05 times the price to book value ratio
-
Zee Entertainment is the original pioneer of India's cable TV business with a well-diversified channel portfolio and its merger with Sony would create the biggest entity in the broadcasting space. Are you wondering whether to buy shares of Zee Entertainment following the sharp rally? Watch this video to find out if there is more upside to the stock.
-
Zee Entertainment is the original pioneer of India's cable TV business and its merger with Sony would create the biggest entity in the broadcasting space
-
Sanskritech's Swayam is a portable diagnostic and telemedicine point-of-care system that can be used to create a small lab anywhere. This will allow people to test for a wide range of diseases within a few minutes
