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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, ......

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 ......