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Varun Berry to take over as Britannia CEO; Vinita Bali stepping down

Consumer

25 March, 2014

Varun Berry to take over as Britannia CEO; Vinita Bali stepping down

Food products maker Britannia Industries has elevated COO Varun Berry as chief executive. He will take over the baton from Vinita ......

Oberoi Realty to buy land in Mumbai from Tata Steel for $190M

Infrastructure

25 March, 2014

Oberoi Realty to buy land in Mumbai from Tata Steel for $190M

Tata Steel has completed the auction to sell its 25-acre land asset in Mumbai suburbs to Oberoi Realty Ltd for ......

Goldman Sachs part exits Bharti Infratel with haircut

Telecom

25 March, 2014

Goldman Sachs part exits Bharti Infratel with haircut

Goldman Sachs, which had invested in Bharti Airtel’s telecom tower arm six years ago, has made a part exit by ......

News Roundup: Sula Shipping in talks with global PE firms to raise $150M

Others

25 March, 2014

News Roundup: Sula Shipping in talks with global PE firms to raise $150M

Sula Shipping and Logistics Pvt. Ltd is in advanced talks with global private equity (PE) investors to raise as much ......

FTIL sells stake in IEX for $12M

General

24 March, 2014

FTIL sells stake in IEX for $12M

Blackstone-backed Financial Technologies (India) Ltd (FTIL) has entered into a share purchase agreement to reduce its stake in Indian Energy ......

News Roundup: Samena Capital in talks for stake in UAE's RAK Ceramics

Others

24 March, 2014

News Roundup: Samena Capital in talks for stake in UAE's RAK Ceramics

Samena Capital, an investment firm managing about $700 million, is in talks to buy as much as 50% of RAK ......

Govt sells around 9% of Axis Bank for $912M; LIC, Goldman Sachs among buyers

General

21 March, 2014

Govt sells around 9% of Axis Bank for $912M; LIC, Goldman Sachs among buyers

The government-controlled Specified Undertaking of Unit Trust of India (SUUTI) has sold over 9 per cent or almost half of ......

US Fed trims bond purchase further

General

19 March, 2014

US Fed trims bond purchase further

Janet Yellen-led US Fed Reserve decided to continue the path of rewinding its quantitative easing with second cut in bond ......

Launching VCCircle Family Office and Investment Management Summit 2014; block your calendar today

Others

18 March, 2014

Launching VCCircle Family Office and Investment Management Summit 2014; block your calendar today

India’s rising number of successful entrepreneurs and ultra HNIs beckons the need for setting up of family offices, consolidating personal ......

Nalanda Capital picks stake in TTK Prestige for $7.7M

Consumer

18 March, 2014

Nalanda Capital picks stake in TTK Prestige for $7.7M

Public market focused private equity firm Nalanda Capital has picked 1.5 per cent stake in kitchen appliances maker TTK Prestige, ......