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IFC to lend to Indian agri-processing arm of StanChart PE-backed firm

Debjyoti Roy

International Finance Corporation is planning to make a debt investment of $30 million (nearly Rs 200 crore) in ETC Agro Processing (India) Pvt...

Retail chain D-Mart to launch $280 mn IPO on 8 March

Ankit Doshi

Avenue Supermarts Ltd (ASL), which runs hypermarkets under the D-Mart brand, will launch its initial public offering (IPO) on 8 March.

Varun Beverages raises stake in Zambia unit

Debjyoti Roy

Varun Beverages Ltd, the largest bottler for PepsiCo Inc in India, has increased its stake in its Zambia subsidiary to 90% to benefit from fast-...

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