Consumer
Unilever hikes stake in HUL to 67% for $3.2B
Unilever Plc, the world’s second largest consumer goods company, has increased stake in its Indian arm Hindustan Unilever (HUL) from ......
Others
News Roundup: CVCI may exit if Polaris sells its services division
Citibank wants its pound of flesh whenever software firm Polaris Financial Technology, in which it holds a strategic stake, sells ......
Technology
Rakesh Jhunjhunwala buys stake in Firstsource as Temasek, ICICI Bank exit
Billionaire investor Rakesh Jhunjhunwala has picked up 3.8 per cent stake in public listed BPO firm Firstsource ......
Others
News Roundup: Ajay Piramal to buy 10% in Shriram Capital for up to $118M
Billionaire Ajay Piramal would purchase a 10% stake in Shriram Capital, the holding company of Shriram Group's financial services business ......
Others
News Roundup: Jerry Rao gets $1.2B backing for MphasiS management buy-in
Four private equity investors backing Jerry Rao in a management buy-in deal at MphasiS, the IT services company he founded ......
Others
News Roundup: Oil India in talks to buy stake in Petroceltic's Algerian asset for $170M
Oil India Ltd is in talks with Irish exploration firm Petroceltic International Plc to acquire up to 20% in an ......
Others
Tatas, Aditya Birla among 26 applicants for bank licences
The Reserve Bank of India (RBI) said on Monday it had received 26 applications for new bank licences. The Tatas, ......
Healthcare
Elder Pharma acquires UK-based OTC products company Max Healthcare
NutraHealth Ltd, a wholly owned subsidiary of drug major Elder Pharmaceuticals Ltd, has acquired UK-based Max Healthcare Ltd which has ......
TMT
Flipkart was valued at $1B one year ago; Naspers picked up 10% stake last August
India’s largest consumer e-commerce venture Flipkart was valued at $1.04 billion in its last round of funding around a year ......
Consumer
PepsiCo India head Manu Anand quits
Beverages and snacks major PepsiCo’s India region president Manu Anand has quit the company with immediate effect, according to a ......
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