Keshav Sunkara
Manufacturing
TPG-backed Flexituff to spin off bulk container business
Flexituff International Ltd will spin off its flexible intermediate bulk container (FIBC) business into a wholly owned subsidiary.Founded in 1993, ......
General
IDBI Federal Life on the block; Prestige Estates mulls stake sale in biz verticals
IDBI Federal Life Insurance Company Ltd is looking to sell itself and is seeking a valuation of at least Rs ......
Infrastructure
Sical Logistics to acquire PNX Logistics
Integrated logistics solutions provider Sical Logistics Ltd said it will acquire Mumbai-based PNX Logistics Pvt. Ltd for Rs 10 crore ......
Infrastructure
Welspun Enterprises to buy stake in two road projects, apply for NBFC licence
Infrastructure firm Welspun Enterprises Ltd said it will acquire a 49% stake in two road projects of National Highways Authority ......
People
TPG exec named Janalakshmi CEO; Devendra Chawla to take over as Walmart India COO
Bengaluru-based small finance bank licensee Janalakshmi Financial Services Ltd has appointed seasoned banker Ajay Kanwal as its chief executive officer. ......
General
Nirma may buy US firm; AION eyes Alok Industries; Warburg, KKR seek Air India details
Detergent maker Nirma Ltd has emerged as a key contender to acquire US-based Tronox Alkali for $1.5-2 billion, The Economic ......
Consumer
Devendra Chawla quits as CEO of Future Consumer
Devendra ChawlaDevendra Chawla has resigned as the chief executive officer of Future Consumer Ltd, barely six months after taking ......
Finance
Newgen Software plans IPO; Zee may buy BTVi; Finland's Taleeri eyeing solar assets
Delhi-based Newgen Software Technologies Ltd plans to float an initial public offering and is likely to file a draft red ......
Finance
IFC invests $20 mn in mortgage lender Aavas Financiers
International Finance Corporation has invested Rs 130 crore ($20 million) in Jaipur-based Aavas Financiers Ltd to extend housing loans to ......
General
Peepul's Reddy to buy Medall; Zee eyes INX Media; Ascendas acquires Pune land
Sandeep Reddy, the co-founder of India-focused private equity firm Peepul Capital LLC, is looking to buy diagnostics firm Medall Healthcare ......