Anuradha Verma
Consumer
Spencer's Retail may float IPO as it nears breakeven
Convenience store and hypermarket operator Spencer’s Retail is looking to launch an initial public offer (IPO) as it closes on ......
Manufacturing
Amtek buying German auto component firm Kuepper
Arvind Dham-led automotive component supplier Amtek Auto Ltd, backed by investors like Warburg Pincus and ChrysCapital, has signed an agreement ......
General
HDFC Bank appoints Paresh Sukthankar as deputy MD
India’s second-largest private lender by assets and the top private bank by market capitalisation, HDFC Bank has appointed Paresh Sukthankar, ......
Consumer
PepsiCo to invest Rs 1,200 crore to set up its largest beverage facility in India
The world’s second-largest beverage maker PepsiCo Inc will invest Rs 1,200 crore to set up its largest beverage manufacturing plant ......
General
HDFC Mutual Fund to buy all eight schemes of Morgan Stanley in India
India’s largest mutual fund manager in terms of assets under management (AUM) HDFC Mutual Fund has entered into a definitive ......
General
IFC raising up to $1.5B in new Asia fund, commits $200M
International Finance Corporation, the private sector lending arm of the World Bank, plans to float $1-1.5 billion IFC Asia Fund ......
Infrastructure
Tata Housing to buy Alstom T&D's Bangalore property for over $19M
Tata group’s realty firm Tata Housing Development Co Ltd is acquiring land in Bangalore from power transmission company Alstom T&D ......
Manufacturing
Spanish firm Cikautxo buys out Taurus Flexibles' entire stake in JV
Spanish auto component manufacturer Cikautxo S. Coop has completely bought out its local partner Taurus Flexibles Pvt Ltd’s equity stake ......
Infrastructure
GMR to sell entire 40% stake in Istanbul airport to Malaysia Airport for $308M
GMR Infrastructure Ltd is selling its 40 per cent stake in Istanbul’s Sabiha Gokcen International Airport and the firm which ......
General
Yes Bank raises $150M from IFC to scale up SME loan portfolio
India’s fourth-largest private sector lender Yes Bank Ltd has raised $150 million from International Finance Corporation, the private sector lending ......