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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, ......

Omnivore Partners invests in truck aggregator FR8

TMT

27 October, 2016

Omnivore Partners invests in truck aggregator FR8

Early-stage agri-tech focused investment fund Omnivore Partners has invested Rs 6.5 crore in FR8, a Chennai-based truck aggregator, according to ......

India Inc's bonus share shower hits six-year high

General

27 October, 2016

India Inc's bonus share shower hits six-year high

Indian publicly listed firms are out to create more liquidity to pump up trading for their stock and monetise some ......

Cyrus Mistry says sacking illegal, warns Tata Group faces $18 bn in writedowns

General

26 October, 2016

Cyrus Mistry says sacking illegal, warns Tata Group faces $18 bn in writedowns

Cyrus Mistry has accused the Tata Sons board of wrongfully dismissing him and warned that the diversified group faces Rs......

PNB Housing Finance IPO crosses half-way mark on day 2

General

26 October, 2016

PNB Housing Finance IPO crosses half-way mark on day 2

Mortgage lender PNB Housing Finance Ltd saw initial public offering (IPO) covered around 58% at the end of second day ......

Varun Beverages' IPO covered 33% on day 1

Consumer

26 October, 2016

Varun Beverages' IPO covered 33% on day 1

The initial public offering (IPO) of Ravi Jaipuria-controlled Varun Beverages Ltd that is seeking a market valuation of up to ......

Navneet Education to buy Encyclopaedia Britannica India

Consumer

26 October, 2016

Navneet Education to buy Encyclopaedia Britannica India

Navneet Education Ltd said on Wednesday it has agreed to acquire the Indian schools’ curriculum-based business of Encyclopaedia Britannica Inc. ......

Actis-backed Ostro Energy strikes maiden deal for solar project

Infrastructure

26 October, 2016

Actis-backed Ostro Energy strikes maiden deal for solar project

Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, has entered the solar power ......

PE-backed Varun Beverages bags $49 mn from anchor investors

Consumer

25 October, 2016

PE-backed Varun Beverages bags $49 mn from anchor investors

Ravi Jaipuria-controlled Varun Beverages Ltd that is seeking a market valuation of up to Rs 8,000 crore ($1.2 billion) in ......

General Atlantic, GIC among anchor investors in Carlyle-backed PNB Housing IPO

General

25 October, 2016

General Atlantic, GIC among anchor investors in Carlyle-backed PNB Housing IPO

Mortgage lender PNB Housing Finance Ltd has raised Rs 894.2 crore ($134 million) by selling shares to a bunch of ......