Beena Parmar
Manufacturing
Sequoia takes major haircut on 11-yr Hindusthan National Glass bet
Venture capital firm Sequoia Capital is sitting on losses from its almost 11-year bet on Hindusthan National Glass & Industries. Going ......
Finance
Ares SSG completes purchase of Altico Capital
Hong Kong-based stressed asset specialist Ares SSG has marked its single-largest investment in India by completing the acquisition of Altico ......
Finance
Edelweiss Wealth Management MD on the latest fund and plans to go public
Edelweiss Wealth Management , an arm of Mumbai based Edelweiss Financial Services, plans to go public in the next 12-15 ......
Infrastructure
Sintex-BAPL promoter dangles Arpwood-funded offer; insolvency relief for SMEs likely
A KKR-led group of creditors is considering settling up with the Sintex-BAPL promoter out of court, people told The Economic ......
Healthcare
RPSG Ventures to buy additional stake for full ownership of medicine maker
The early-stage consumer venture capital arm of RP-Sanjiv Goenka Group will acquire an additional stake in Herbolab India Pvt Ltd ......
Consumer
Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy
A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged Manpasand Beverages Ltd ......
Markets
Edelweiss launches third fund to bet on late-stage PE and pre-IPO firms
Edelweiss Wealth Management on Tuesday announced the launch of its third fund of target corpus Rs 5,000 crore ($700 million) ......
Finance
Avenue Capital-backed Arcil ropes in recently retired PSB head as chief
Asset Reconstruction Company (India) Ltd or Arcil, backed by US investor Avenue Capital, has appointed a former public sector bank ......
Finance
Tano Capital, Apax Partners sell stakes in Mumbai based private lender
India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake ......
Infrastructure
Warburg Pincus to invest in Adani Ports and Special Economic Zone
Adani Ports and Special Economic Zone said it is set to get funding from Warburg Pincus, a couple of days ......
