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Ankit Agarwal

Greenko gets $495 mn from GIC, ADIA; KKR-backed Avendus in race for IDBI Mutual Fund

General

04 June, 2019

Greenko gets $495 mn from GIC, ADIA; KKR-backed Avendus in race for IDBI Mutual Fund

Singapore sovereign wealth fund GIC and the Abu Dhabi Investment Authority (ADIA) are making an equity investment of $495 million ......

Manipal Group to acquire control of health insurance JV with Cigna as TTK exits

Finance

04 June, 2019

Manipal Group to acquire control of health insurance JV with Cigna as TTK exits

Months after entering the insurance sector by investing in Cigna TTK Health Insurance Co. Ltd, Ranjan Pai-led Manipal Education & ......

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Company watch: WestBridge-backed La Opala battles high input costs, subdued stock

Consumer

03 June, 2019

Company watch: WestBridge-backed La Opala battles high input costs, subdued stock

La Opala RG Ltd, India's biggest manufacturer of crockery made from opal glass, battled high input costs in 2018-19 that ......

KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox

General

03 June, 2019

KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox

US-based private equity investor KKR & Co. will pay $50 million (Rs 347 at current exchange rate) to buy a ......

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Value Lens: Is West Coast Paper paying a bargain price for International Paper APPM?

Manufacturing

31 May, 2019

Value Lens: Is West Coast Paper paying a bargain price for International Paper APPM?

West Coast Paper Mills Ltd’s deal for a majority stake in the local unit of New York-listed International Paper Co., ......

Yatra's Shringi, MakeMyTrip's Kalra among India's highest-paid startup execs

People

31 May, 2019

Yatra's Shringi, MakeMyTrip's Kalra among India's highest-paid startup execs

The top executives of India’s best-funded new-age technology ventures secured a median hike of around 27% in gross remuneration for ......

Former Religare chief held at airport; CPPIB-backed ReNew to get fresh funding

General

31 May, 2019

Former Religare chief held at airport; CPPIB-backed ReNew to get fresh funding

The police took former Religare Enterprises chief Sunil Godhwani into custody at the Delhi airport, stopping him from boarding an ......

Hero FinCorp may buy Reliance Capital unit; ChrysCapital likely to back Awfis

General

30 May, 2019

Hero FinCorp may buy Reliance Capital unit; ChrysCapital likely to back Awfis

India's largest motorcycle maker Hero MotoCorp’s retail lending arm is in advanced talks with Reliance Capital to buy Reliance General ......

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Value Lens: Is Radio City owner Music Broadcast paying a premium for BIG FM network?

TMT

29 May, 2019

Value Lens: Is Radio City owner Music Broadcast paying a premium for BIG FM network?

India’s radio industry has taken two big steps towards consolidation in less than two months. In April, HT Media Ltd ......

Goldman buys Piramal loans to Lodha; Lightbox may lead $50 mn round in Dunzo

General

29 May, 2019

Goldman buys Piramal loans to Lodha; Lightbox may lead $50 mn round in Dunzo

A Goldman Sachs unit has bought Piramal Capital & Housing Finance Ltd's loans worth Rs 2,000 crore ($286.5 million) to ......