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SBI may offload 6% stake in its asset management arm via IPO

Finance

15 December, 2021

SBI may offload 6% stake in its asset management arm via IPO

State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to...

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ICICI Venture makes 6-fold gain on part exit from Go Fashion India

Consumer

10 December, 2021

ICICI Venture makes 6-fold gain on part exit from Go Fashion India

India Advantage Fund (IAF), managed by ICICI Venture, has made another part-exit from its recently-listed portfolio company,...

Star Health closes steady on market debut

Finance

10 December, 2021

Star Health closes steady on market debut

Shares of Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Co Ltd on Friday managed to close near its initial public...

Warburg Pincus sells 6.2% stake in Medplus before the start of IPO

Markets

10 December, 2021

Warburg Pincus sells 6.2% stake in Medplus before the start of IPO

Lavender Rose Investment Ltd, a Mauritius-based unit of private equity firm Warburg Pincus, sold shares worth Rs 550 crore in...

Westbridge Capital-backed Star Health lists 5.8% discount on debut

Markets

10 December, 2021

Westbridge Capital-backed Star Health lists 5.8% discount on debut

Shares of Westbridge Capital and Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Co Ltd on Friday opened at an 5.8%...

Qualcomm, Flipkart-backed MapmyIndia IPO fully subscribed on day 1

Markets

09 December, 2021

Qualcomm, Flipkart-backed MapmyIndia IPO fully subscribed on day 1

Indian digital mapping company CE Info Systems Ltd, which operates under MapmyIndia, got fully subscribed on the first day of...

India's Biocon in talks with Mylan to merge biosimilar businesses - Moneycontrol

Healthcare

09 December, 2021

India's Biocon in talks with Mylan to merge biosimilar businesses - Moneycontrol

Indian drugmaker Biocon Ltd is in talks with generic drugmaker Mylan for a merger of their biosimilar businesses, financial news...

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Tracxn expects US, Europe, to continue contributing most to sales

TMT

09 December, 2021

Tracxn expects US, Europe, to continue contributing most to sales

Flipkart founders-backed Tracxn expects Europe and the US, its traditional markets, to continue contributing the...

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Markets

09 December, 2021

Fidelity, Goldman Sachs, others, infuse Rs 311.88 cr in Mapmyindia IPO as anchor investors

Delhi-based C.E. Info Systems Ltd, that owns and operates Mapmyindia, has raised Rs 311.88 crore (approximately $41.6 million)...

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TA Associates, Avataar investments in RateGain Travel Technologies pay dividends

TMT

08 December, 2021

TA Associates, Avataar investments in RateGain Travel Technologies pay dividends

The investments by venture capital firms TA Associates and Avataar Venture Partners in travel and hospitality technology services...

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