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Ankit Agarwal

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Company watch: Matrimony.com suffers growth pangs as competition heats up

TMT

28 May, 2019

Company watch: Matrimony.com suffers growth pangs as competition heats up

The net sales of Matrimony.com Ltd flatlined in the financial year 2018-19 and profit growth suffered too as the company ......

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

General

28 May, 2019

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

Business-to-business (B2B) food-tech firm HungerBox may raise $15 million (around Rs 100 crore) in a round led by Paytm, The ......

Manipal set to buy Medanta; PhonePe, Lenskart in talks for big funding rounds

General

27 May, 2019

Manipal set to buy Medanta; PhonePe, Lenskart in talks for big funding rounds

Ranjan Pai-led Manipal Hospitals is set to acquire hospital chain Medanta for Rs 5,800 crore ($835 million) after two years ......

Ola's Foodpanda suspends food delivery; Ex-Ostro execs seek PE funding for new firm

General

22 May, 2019

Ola's Foodpanda suspends food delivery; Ex-Ostro execs seek PE funding for new firm

Ride-hailing firm Ola has ended the contracts of most of its 1,500 food-delivery executives and sacked 40 mid- to entry-level ......

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Company watch: PE-backed Capacit'e Infraprojects' margins take a hit on rising costs

Infrastructure

20 May, 2019

Company watch: PE-backed Capacit'e Infraprojects' margins take a hit on rising costs

Capacit’e Infraprojects Ltd managed to increase its net sales by more than a third in the financial year 2018-19, but ......

Swiggy investor Coatue may back Faasos; Ikea invests in Livspace

General

20 May, 2019

Swiggy investor Coatue may back Faasos; Ikea invests in Livspace

New York-based hedge fund Coatue Management is in talks to lead a $120 million (Rs 835 crore) funding round in ......

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

General

17 May, 2019

Dewan Housing to sell realty loans to Oaktree; CDPQ to buy Essel's roads projects

Dewan Housing Finance Corporation is in discussions with global alternative investment management firm Oaktree Capital to sell wholesale real estate ......

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

General

16 May, 2019

IndiGo founders locked in dispute; Brookfield to buy Axis Energy wind farms

Budget carrier IndiGo's two founders, Rahul Bhatia and Rakesh Gangwal, are locked in a dispute that may affect the functioning ......

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Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Consumer

15 May, 2019

Company watch: Sheela Foam's profit flattens as marketing costs offset cheaper inputs

Sleepwell mattress maker Sheela Foam Ltd's sales growth for the year through March fell to its lowest level in at ......

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

General

15 May, 2019

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

Delhi-based student accommodation platform Stanza Living is in the process of securing $30 million (Rs 210 crore at current exchange ......