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Titan to buy majority stake in Tiger Global-backed Caratlane.com

Technology

06 May, 2016

Titan to buy majority stake in Tiger Global-backed Caratlane.com

Titan Co Ltd, Tata Group’s watch and jewellery retailing firm, has struck a deal to buy a majority stake in ......

RBI draft note bars large business houses from setting up new banks

General

05 May, 2016

RBI draft note bars large business houses from setting up new banks

The Reserve Bank of India on Thursday issued draft norms for giving universal bank licences as and when it gets ......

Premium
Norwest exits Yes Bank with healthy gains

General

05 May, 2016

Norwest exits Yes Bank with healthy gains

Multi-stage private investor Norwest Venture Partners (NVP) has sold its entire stake in India's fifth-largest private lender Yes Bank Ltd, ......

Markdowns haunt Flipkart again as two more investors slash stake value

Technology

04 May, 2016

Markdowns haunt Flipkart again as two more investors slash stake value

A growing number of Flipkart investors are realising that India’s top e-commerce firm is overvalued, though there is ......

Parag Milk IPO gets off to slow start

Consumer

04 May, 2016

Parag Milk IPO gets off to slow start

Dairy firm Parag Milk Foods Ltd saw one-tenth of its initial public offering (IPO) covered on the first day as ......

IFC to invest up to $40M in Repco Home Finance

General

04 May, 2016

IFC to invest up to $40M in Repco Home Finance

International Finance Corporation (IFC) will invest up to Rs 266 crore ($40 million) in Repco Home Finance Ltd as part ......

IL&FS PE to buy Orix's stake in project fund, sets new deadline for growth PE fund

General

04 May, 2016

IL&FS PE to buy Orix's stake in project fund, sets new deadline for growth PE fund

IL&FS Investment Managers Ltd (IL&FS PE), the only public-listed private equity fund manager in the country, plans to buy out ......

JSW Energy to buy Jindal Steel's power plant for $975M

Infrastructure

04 May, 2016

JSW Energy to buy Jindal Steel's power plant for $975M

Sajjan Jindal-led JSW Energy Ltd has agreed to acquire a 1,000-megawatt thermal power plant in Chhattisgarh from Jindal Steel & ......

Parag Milk raises $52M from anchor investors

Consumer

03 May, 2016

Parag Milk raises $52M from anchor investors

Dairy firm Parag Milk Foods Ltd has raised Rs 342.86 crore ($52 million) from a clutch of anchor investors, including ......

Lifestyle e-tailer Koovs' parent raises $32M from existing & new investors

TMT

02 May, 2016

Lifestyle e-tailer Koovs' parent raises $32M from existing & new investors

Koovs plc, the UK-based parent of Indian lifestyle e-tailer Koovs.com, has raised £21.9 million ($32 million or Rs 212 crore) ......