Markets
General
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 ......
TMT
Polaris demerging products business unit as separate entity
Chennai-based IT firm Polaris Financial Technology Ltd (Polaris) is demerging its products business into an independent entity, the company announced ......
Manufacturing
Havells may raise funding by listing global lighting arm Sylvania in London
Electrical equipment maker Havells India Ltd is planning to raise money by listing its Europe headquartered international lighting arm Sylvania ......
General
One in three companies listed on BSE SME exchange has doubled from issue price
BSE SME, the junior exchange of Bombay Stock Exchange, recently completed its second anniversary and also welcomed its 50th member ......
TMT
MakeMyTrip raising around $75M through fresh issue; Sierra Ventures part exiting at 10x
NASDAQ-listed Indian online travel services firm MakeMyTrip Ltd (MMT) is looking to raise up to $75 million in fresh capital ......
TMT
Koovs lists in London, values Indian lifestyle e-com venture at $48M
Lifestyle e-commerce venture Koovs listed with around 20 per cent bump in its share price on debut at London’s junior ......
Healthcare
Glaxo completes $1B open offer to raise stake in Indian pharma arm to 75%
British pharmaceutical giant GlaxoSmithKline Plc (GSK) has completed its voluntary open offer for the Indian pharma arm, spending around Rs ......
Healthcare
Apollo Hospitals scraps proposed fundraising through business trust in Singapore
Apollo Hospitals Enterprise Ltd, country’s largest healthcare services provider by market capitalisation, has decided to scrap a proposal to list ......
TMT
Lifestyle e-com venture Koovs raising $37M from London's AIM exchange
Lifestyle e-commerce venture Koovs is raising £22 million ($37 million or Rs 225 crore) by floating on London’s junior stock ......
General
Investment bank Moelis & Co files to go public to raise $100M
New York-based global independent investment bank Moelis & Co has filed to go public in the US to raise around $100 ......
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