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Ankit Agarwal

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Company watch: Ching's Secret maker sees biz turnaround but needs to spice up profit

Consumer

16 October, 2019

Company watch: Ching's Secret maker sees biz turnaround but needs to spice up profit

Capital Foods Pvt. Ltd, which makes and sells food products and ingredients under the Ching’s Secret and Smith & Jones ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

General

15 October, 2019

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

Leading US-based asset management firms and hedge funds T Rowe Price, D1 Capital and Discovery Capital are in talks to ......

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

General

14 October, 2019

Grapevine: Altico resolution plan soon; DHFL may sell wholesale book to Oaktree

Altico Capital India Ltd, the real estate-focused lender that defaulted on interest payments in September, may float a resolution plan ......

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Company watch: IFC-backed Craftsman beats motown blues but can it keep up the pace?

Manufacturing

10 October, 2019

Company watch: IFC-backed Craftsman beats motown blues but can it keep up the pace?

Craftsman Automation Ltd tripled its net profit for the year through March 2019, as the maker of industrial and auto ......

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

General

09 October, 2019

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

Multiples Alternate Asset Management Pvt. Ltd is in talks to lead a $60 million (about Rs 427 crore at current ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

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Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Finance

04 October, 2019

Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern

Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss expanded ......

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

General

04 October, 2019

Grapevine: Accel plans sixth India fund; Ant Financial to lead Zomato funding

Venture capital firm Accel is looking to raise up to $700 million (about Rs 4,963 crore at current exchange rate) ......

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

General

03 October, 2019

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......