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IIFL stands to double its investment in IPO-bound gaming platform
IIFL Special Opportunities fund, managed by financial services firm IIFL Holdings Ltd, stands to double its investment within...
Finance
GIC sits on 1.2X gains from listed mortgage company
Singapore sovereign wealth fund GIC has offloaded additional stake from its four-year-old investment in Mumbai-listed housing...
General
Grapevine: Allcargo may bid for Concor stake; AAI to sell shares in airports
Allcargo Logistics is planning to bid for state-run Concor’s stake and is in advanced discussions with a few global private...
Finance
Weekly Deal Wrap: Mega PE cheques thrust Warburg, Ares SSG into limelight
Private equity accounted for the biggest deals in the second week of March with Ares SSG and Warburg Pincus paying ......
General
Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker
Acme Solar Holdings is exploring a US listing through the special purpose acquisition company (Spac) route. For this, India’s...
Manufacturing
Market-bound auto parts maker cranks up investment returns for IFC, Affirma
Automobile and industrial parts maker Craftsman Automation has multiplied International Finance Corporation (IFC) and Affirma...
Consumer
Cable TV company beams huge writedown for Goldman Sachs
A cable television firm has eroded Goldman Sachs’ investment of less than eight years by about two-thirds. Goldman...
General
Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares
The government has received expressions of interest (EOIs) from several parties including Vedanta Resources, Megha Engineering...
Finance
Tano Capital, Apax Partners sell stakes in Mumbai based private lender
India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake ......
General
Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC
ata Motors, Mahindra and Mahindra, Ashok Leyland and others are eyeing a 26% stake in state-run defence equipment maker BEML,...
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