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IIFL exits Mumbai developer Ceear Realty's project

Infrastructure

07 November, 2016

IIFL exits Mumbai developer Ceear Realty's project

India Infoline Finance Ltd (IIFL) has exited a residential project of Mumbai-based Ceear Realty, the developer said on Monday.IIFL had ......

Future Group to acquire retail business of Heritage Foods

Consumer

07 November, 2016

Future Group to acquire retail business of Heritage Foods

Future Retail Ltd has agreed to acquire the retail and allied businesses of Hyderabad-based Heritage Foods Ltd, as the Kishore ......

KKR-backed Dalmia Bharat to consolidate cement biz

Manufacturing

07 November, 2016

KKR-backed Dalmia Bharat to consolidate cement biz

Dalmia Bharat Ltd will merge all its cement businesses under one listed firm to consolidate operations, as per a stock ......

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Manufacturing

07 November, 2016

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Electrical equipment maker Crompton Greaves Ltd said on Monday it will sell its business-to-business automation business to Saudi Arabia’s Alfanar ......

General Atlantic bets $75 mn more on PNB Housing; mortgage lender up 15% on debut

General

07 November, 2016

General Atlantic bets $75 mn more on PNB Housing; mortgage lender up 15% on debut

Private equity firm General Atlantic, which last month came in as an anchor investor in PNB Housing Finance Ltd’s initial ......

Indian Hotels' independent directors back Cyrus Mistry

General

04 November, 2016

Indian Hotels' independent directors back Cyrus Mistry

Cyrus Mistry, who was sacked as the chairman of Tata Sons Ltd last month, got a morale booster on Friday ......

Burman GSC buys Ascendas' stake in commercial property OneHub

Infrastructure

03 November, 2016

Burman GSC buys Ascendas' stake in commercial property OneHub

Burman GSC, a joint venture between the Burman Group and private equity firm Golden State Capital (GSC), has bought back ......

India manufacturing output soars to 22-month high in October

General

01 November, 2016

India manufacturing output soars to 22-month high in October

India’s manufacturing sector growth jumped to a 22-month high in October thanks to a sharp rise in new business inflows ......

PepsiCo bottler Varun Beverages' IPO sails through on second day

Consumer

27 October, 2016

PepsiCo bottler Varun Beverages' IPO sails through on second day

The initial public offering (IPO) of Ravi Jaipuria-controlled Varun Beverages Ltd, the largest bottler for PepsiCo in India, was fully ......

Carlyle-backed PNB Housing Finance's IPO covered 29 times

General

27 October, 2016

Carlyle-backed PNB Housing Finance's IPO covered 29 times

The initial share sale of PNB Housing Finance Ltd was covered 29 times at the end of issue on Thursday, ......