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Flashback 2020: How three PE trends gained momentum in virus-scarred year

Finance

30 December, 2020

Flashback 2020: How three PE trends gained momentum in virus-scarred year

Faced with new realities in the aftermath of the coronavirus outbreak, private equity firms challenged established dealmaking trends and adjusted ......

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

General

15 December, 2020

Grapevine: Ashok Leyland to trim stake in EV unit; MTAR, KIMS Hospitals plan IPOs

Hinduja Group-owned commercial vehicle maker Ashok Leyland Ltd is planning to sell a minority stake in its UK electric vehicles ......

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Ready-to-eat food startup Vegolution secures seed funding

Consumer

09 December, 2020

Ready-to-eat food startup Vegolution secures seed funding

Ready-to-eat food startup Vegolution India Pvt. Ltd has raised seed funding from a clutch of wealthy individuals, a top executive ......

Airbnb aims for $35 bn valuation in long-awaited IPO

TMT

02 December, 2020

Airbnb aims for $35 bn valuation in long-awaited IPO

Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public ......

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Company watch: Ching's Secret maker faces profit woes amid expansion, competition

Consumer

25 November, 2020

Company watch: Ching's Secret maker faces profit woes amid expansion, competition

Capital Foods Pvt. Ltd, which is into selling Chinese food under Ching’s Secret brand and fusion food under Smith & ......

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

General

06 November, 2020

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

Global private equity funds Warburg Pincus, General Atlantic and Apax Partners have shown interest to acquire close to a 25% ......

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Has PE dealmaking in India bottomed out after slumping to decade-low?

Finance

08 October, 2020

Has PE dealmaking in India bottomed out after slumping to decade-low?

The number of private equity deals in India increased for the first time in four quarters during the July-September period ......

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance Retail ......

Reliance pockets $1 bn from GIC, TPG for retail unit

Consumer

03 October, 2020

Reliance pockets $1 bn from GIC, TPG for retail unit

Singapore sovereign wealth fund GIC Pte Ltd and US-based private equity firm TPG will invest a total of Rs 7,350 ......

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Consumer

01 October, 2020

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Reliance Industries Ltd said Thursday Mubadala Investment Company will invest Rs 6,247.5 crore ($853 million) in Reliance Retail Ventures Ltd, ......