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Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

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18 July, 2018

Advent-backed ASK Group plans IPO; AION Capital joins race for InterGlobe Tech

ASK Group, an advisory and asset management business house, is planning an initial public offering of around $250 million (Rs ......

Fairfax-backed Quess Corp to take control of East Bengal football club

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17 July, 2018

Fairfax-backed Quess Corp to take control of East Bengal football club

Quess Corp Ltd, the business services provider backed by Indian-origin Canadian billionaire Prem Watsa’s Fairfax group, will take control of ......

Amazon in talks to invest in MedPlus; Samara nears deal for Spoton Logistics

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17 July, 2018

Amazon in talks to invest in MedPlus; Samara nears deal for Spoton Logistics

E-commerce giant Amazon is in preliminary discussions to invest in Hyderabad-based pharmacy chain MedPlus Health Services Pvt. Ltd, news portal ......

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

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13 July, 2018

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......

India unwrapped: Top court to rule on gay sex; Sinha, Tharoor court controversy

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13 July, 2018

India unwrapped: Top court to rule on gay sex; Sinha, Tharoor court controversy

Jeff Bezos, the world's richest man and the founder of Amazon.com Inc., is preparing to take tourists into space next ......

Avendus eyes IDFC Mutual Fund; Tata Steel may sell Southeast Asia units

General

13 July, 2018

Avendus eyes IDFC Mutual Fund; Tata Steel may sell Southeast Asia units

KKR-controlled financial services firm Avendus Capital is among the bidders in the fray to buy the mutual fund business of ......

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

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12 July, 2018

SoftBank's Kabir Misra to start fund; CapitaLand ends talks for Blackstone's SEZs

Kabir Misra, managing partner at SoftBank Investment Advisers, is in advanced discussions to launch a $200-250 million fund focusing on ......

Cerberus makes fresh bid for Abraaj; Multi Commodity Exchange, NSE in merger talks

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11 July, 2018

Cerberus makes fresh bid for Abraaj; Multi Commodity Exchange, NSE in merger talks

New York-based Cerberus Capital Management has submitted a fresh bid of around $20 million to take over the private equity ......

Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit

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10 July, 2018

Blackstone, Carlyle eye Kraft's India consumer food biz; ADIA may back UPL unit

US-based food and beverage major The Kraft Heinz Company is in exploratory talks with potential buyers to sell its ......

IHH Healthcare ahead in race to buy Fortis; UPL may snap up Arysta LifeScience

General

09 July, 2018

IHH Healthcare ahead in race to buy Fortis; UPL may snap up Arysta LifeScience

Malaysia’s IHH Healthcare Berhad is likely to pick up at least a 51% stake in struggling hospital chain Fortis Healthcare ......

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