Bhawna Gupta
General
IFC lending $91M to three investee firms--Magma Fincorp, Bandhan and Au Financiers
International finance Corporation (IFC), the private sector investment arm of World Bank, is investing around $91 million in PE-backed non-banking ......
TMT
IVFA-controlled Atria Convergence secures debt from Olympus, Kilimanjaro
Broadband and cable TV access provider Atria Convergence Technologies Pvt Ltd (ACT) has secured an undisclosed amount in structured debt ......
Manufacturing
Hero Group's auto component firm Rockman to buy majority stake in Sargam Diecastings
Rockman Industries Ltd, a part of Hero Group, has entered into a definitive agreement to acquire majority stake in Chennai-based ......
Consumer
Goldman Sachs and Mitsui lead $51M investment in former Godrej exec's new FMCG venture
Goldman Sachs and Mitsui Global Investment (Mitsui), a unit of Japan's Mitsui & Co. Ltd, among others are together putting ......
General
Avista ropes in Ravi Shankar as head of investment banking in India
Singapore-headquartered mid-market focused Asian advisory firm Avista Advisory Group (Avista) has roped in Ravi Shankar as MD and head of ......
Consumer
Lenders sell 0.34% pledged stake of United Breweries in United Spirits
United Breweries (Holdings) Ltd, Vijay Mallya-led UB Group's holding company, has lost around 0.34 per cent stake more in United ......
TMT
Bharti Airtel dials Loop Mobile to become top player in Mumbai
India’s largest telecom operator Bharti Airtel Ltd has signed a strategic agreement to acquire Loop Mobile for an undisclosed amount. ......
General
IFCI to set up $32M VC fund for scheduled castes
In order to promote entrepreneurship among the scheduled castes and to provide concessional finance to them, Industrial Finance Corporation of ......
TMT
Airtel, Vodafone, Idea and Reliance Jio among top bidders in spectrum auction
The country’s major telecom services majors Bharti Airtel, Vodafone and Idea Cellular have paid through the roof to retain airwaves ......
Manufacturing
Asian Paints hikes stake in Singapore arm to 96.7%, gets it delisted from SGX
Asian Paints (International) Ltd (APIL), a wholly-owned subsidiary of India’s largest paints company Asian Paints Ltd, has hiked its stake ......
