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Grapevine: Actis to buy solar assets from Finland's Fortum; NIIF to invest in FirstCry

General

18 May, 2021

Grapevine: Actis to buy solar assets from Finland's Fortum; NIIF to invest in FirstCry

Private equity firm Actis is looking to acquire four-fifths of the stake in 500 megawatts of solar projects in India ......

Firms and founders band together against virus variant rampaging through India

Healthcare

05 May, 2021

Firms and founders band together against virus variant rampaging through India

Many firms and founders have stepped up global and local efforts in providing relief and support as India grapples with ......

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Goldman Sachs' investment in cable TV company gets a haircut

TMT

29 April, 2021

Goldman Sachs' investment in cable TV company gets a haircut

Goldman Sachs' investment in a cable distribution company is getting a haircut. The value of the investment in Den Networks has ......

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Investment banks are losing young talent to corporate sector, work-life balance

Finance

28 April, 2021

Investment banks are losing young talent to corporate sector, work-life balance

Investment banks are struggling to arrest attrition while also keeping their younger talent motivated as the community moves into the ......

Grapevine: Manipal Health resumes talks for AMRI; Multiples may lead Licious round

General

16 April, 2021

Grapevine: Manipal Health resumes talks for AMRI; Multiples may lead Licious round

Hospital chain operator Manipal Health Enterprises has resumed talks to buy Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals for Rs ......

Goldman Sachs' bumper quarter fuels optimism on targets

Finance

14 April, 2021

Goldman Sachs' bumper quarter fuels optimism on targets

Goldman Sachs Group Inc sailed past Wall Street profit expectations on Wednesday on a boom in capital markets activity, with ......

Swiggy raises $800 mn in new round at near $5 bn valuation

TMT

05 April, 2021

Swiggy raises $800 mn in new round at near $5 bn valuation

Food delivery platform Swiggy has raised around $800 million (about Rs 5,863 crore) in a new funding round.  Falcon Edge Capital, ......

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Is Goldman Sachs sitting on multi-storied returns at Kolte-Patil Developers?

Infrastructure

23 March, 2021

Is Goldman Sachs sitting on multi-storied returns at Kolte-Patil Developers?

Pune-based real estate firm Kolte-Patil Developers has multiplied Goldman Sachs’ eight-year investment 1.45 times, excluding dividend income, shows a VCCircle ......

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Pizza Hut operator dials India, global private equity funds for pre-IPO dough

Consumer

16 March, 2021

Pizza Hut operator dials India, global private equity funds for pre-IPO dough

Sapphire Foods, an India franchisee for Yum! Brands’ KFC and Pizza Hut, is in early fundraising talks with global and ......

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Cable TV company beams huge writedown for Goldman Sachs

Consumer

09 March, 2021

Cable TV company beams huge writedown for Goldman Sachs

A cable television firm has eroded about two-thirds of Goldman Sachs’ investment which is less than eight years old.  Goldman Sachs ......