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PepsiCo bottler Jaipuria may exit loss-making grocery retail business

Consumer

29 March, 2019

PepsiCo bottler Jaipuria may exit loss-making grocery retail business

RJ Corp., promoted by PepsiCo’s bottling partner and serial entrepreneur Ravi Jaipuria, is looking to exit its grocery retail...

TPG, Delta sounded out for Jet stake; Fuji Electric may buy Consul Neowatt

General

29 March, 2019

TPG, Delta sounded out for Jet stake; Fuji Electric may buy Consul Neowatt

State Bank of India, the biggest lender to Jet Airways (India) Ltd, has begun talks with private equity firm TPG ......

How growing popularity of wrestling in India is powering WWE's bull run

General

28 March, 2019

How growing popularity of wrestling in India is powering WWE's bull run

While a large contingent of short sellers have been betting that the stock will fall, WWE’s most ardent Wall Street ......

Ashok Vaswani to head consumer banking at Barclays as CEO takes charge of I-banking

Finance

28 March, 2019

Ashok Vaswani to head consumer banking at Barclays as CEO takes charge of I-banking

Barclays chief executive Jes Staley took direct control of its under-pressure investment bank on Wednesday, ousting the head of...

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IDBI Capital, Elara get new heads of equity capital markets divisions

Finance

28 March, 2019

IDBI Capital, Elara get new heads of equity capital markets divisions

IDBI Capital Markets & Securities Ltd has roped in a senior executive from a domestic broking and investment banking advisory...

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

General

28 March, 2019

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

MT Educare Ltd is in initial talks with private equity firms Gaja Capital and WestBridge Capital Partners and venture capital...

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Why GMR Airports' original PE backers may lose out a tad in latest deal

Infrastructure

27 March, 2019

Why GMR Airports' original PE backers may lose out a tad in latest deal

In December 2015, GMR Infrastructure Ltd agreed to buy back the stake of private equity investors in its airports unit. ......

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Policy Tracker: Why Indian students seem to be getting the rough end of the stick

Economy

27 March, 2019

Policy Tracker: Why Indian students seem to be getting the rough end of the stick

The Bharatiya Janata Party (BJP) made some ambitious promises in its manifesto for the 2014 general elections. One notable pledge...

Wockhardt in talks with KKR, Bain for funding; ADIA-backed Lake Shore buys mall

General

27 March, 2019

Wockhardt in talks with KKR, Bain for funding; ADIA-backed Lake Shore buys mall

Drugmaker Ltd Wockhardt Ltd has started discussions with private equity firms KKR and Bain Capital to raise $300 million (Rs ......

NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters

Finance

27 March, 2019

NCLT says Sterling Biotech withdrawal a case for re-entry of defaulting promoters

Hearing the Sterling Biotech case, the National Company Law Tribunal (NCLT) said that withdrawal from proceedings can violate...

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