Anuradha Verma
TMT
Carlyle sells off controlling stake in Cyberoam to Sophos Group
Private equity giant The Carlyle Group has offloaded its controlling equity stake in privately held network security solutions provider Cyberoam ......
Infrastructure
Jet Airways to raise at least $300M via ECB to cut high-cost rupee debt
India's second-largest airline by passenger numbers Jet Airways (India) Ltd is raising at least $300 million (Rs 1,860 crore) from India and ......
Consumer
Heinz India looks to focus on core brands, buy local food firms to boost business
The US-based food processing company HJ Heinz Co is looking to focus on its core brands and acquire local food ......
Infrastructure
FE Clean Energy-backed hydro power firm Swasti hires banker to scout for strategic buyer
FE Clean Energy-backed Swasti Power Ltd has hired Edelweiss to scout for a strategic buyer to acquire the firm or ......
TMT
Carlyle to offload entire 80% stake in Cyberoam to Sophos Group for $70-80M
Private equity major Carlyle is looking to offload its 80 per cent equity stake privately held network security solutions provider ......
General
RBI allows four firms including Muthoot and Prizm to set up white-label ATMs
The Reserve Bank of India has issued ‘certificate of authorisation’ to four non-banking companies, including Tata Communications Payment Solutions and ......
General
Essel Group to buy NBFC to augment offerings in financial services
Diversified business conglomerate Essel Group, promoted by Subhash Chandra, is looking to acquire stake in a non-banking finance company (NBFC), ......
TMT
Anil Ambani's Reliance Group may sell stake in media businesses
Anil Ambani’s Reliance Group (formerly Reliance ADAG), which is in the process of delisting two separate media companies Reliance Broadcast ......
Consumer
Balmer Lawrie acquires travel services venture Vacations Exotica
Balmer Lawrie & Co Ltd, the Kolkata-based public sector enterprise that operates one of the biggest travel agencies in the ......
General
Govt permits FIIs, NRIs to invest in insurance sector under 26% FDI cap
The government has permitted foreign institutional investors (FII) and non-residents Indians (NRIs) to invest in the insurance sector within the ......
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