Ankit Doshi
TMT
Newgen Software IPO nears two-thirds mark on second day
The initial public offering of New Delhi-based IT firm Newgen Software Technologies Ltd reached near the two-thirds mark on the ......
General
Blackstone buys stake in Forum Group's mall; Kedaara, others eye Star Health
Global private equity giant Blackstone Group has bought a majority stake in a retail project of real estate developer Forum ......
Manufacturing
Amber Enterprises IPO fully covered on day one; ADIA, Goldman come in as anchors
The initial public offering of white-goods maker Amber Enterprises India Ltd sailed through on the first day of the issue ......
Manufacturing
Specialty chemical maker Galaxy Surfactants gets SEBI nod for IPO
Specialty chemical maker Galaxy Surfactants Ltd has received the Securities and Exchange Board of India’s approval to float an initial ......
TMT
Newgen Software IPO subscribed 19% on day one
The initial public offering of New Delhi-based IT company Newgen Software Technologies Ltd was covered 19% on the first day ......
Manufacturing
Blackstone-backed SH Kelkar to buy Italian fragrance firm
SH Kelkar & Company Ltd, which counts Blackstone Capital Partners as its chief private equity backers, has received board approval ......
General
India Inc to use less than 10% of $11 bn raised in IPOs for expanding biz
The year 2017 saw several Indian companies take the initial public offerings route to raise Rs 11,428 crore ($1.8 billion) ......
TMT
Newgen Software raises $20 mn from Goldman Sachs, other anchor investors
New Delhi-based IT firm Newgen Software Technologies Ltd has raised Rs 127.38 crore ($20 million) by selling shares to a ......
People
Tata Mutual Fund appoints Prathit Bhobe as MD and CEO
Tata Group on Monday announced the appointment of Prathit Bhobe as chief executive officer and managing director of its asset ......
Finance
Avendus hedge fund crosses $500-mn mark as asset management biz grows
KKR-backed diversified financial services firm Avendus Group’s hedge fund has touched Rs 3,300 crore ($520 million) in assets under management ......