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GIC makes $500-mn bet on Indian company

Consumer

13 March, 2024

GIC makes $500-mn bet on Indian company

Singapore’s sovereign wealth fund GIC, a key institutional investor making private equity-style bets in India, has added an Indian company ......

BAT mulls sale of some stake in ITC

Consumer

12 March, 2024

BAT mulls sale of some stake in ITC

British American Tobacco is evaluating a possible disposal of a "small part" of its shareholding in India's ITC through an ......

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Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

General

22 February, 2024

Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, ......

ITC to demerge hotel business into separate company

Consumer

24 July, 2023

ITC to demerge hotel business into separate company

India's ITC Ltd said on Monday it would spin off its hotels business from the rest of the company, separating ......

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How ITC's LP portfolio value shot up last year

Finance

14 July, 2023

How ITC's LP portfolio value shot up last year

FMCG giant ITC, which has made a bunch of investments in both startups and venture capital funds alike, is now ......

Sensex, Nifty log weekly losses on risk aversion amid Q4 earnings

Markets

21 April, 2023

Sensex, Nifty log weekly losses on risk aversion amid Q4 earnings

Indian shares were subdued on Friday, snapping a three-week winning streak, as investors remained cautious after a weak outlook from ......

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ITC in talks to buy stake in baby food brand Happa

Consumer

16 February, 2023

ITC in talks to buy stake in baby food brand Happa

ITC Ltd is in advanced stage of discussion to pick up a minority stake in an organic baby food brand, ......

IT stocks lift markets ahead of key US inflation data

Finance

14 February, 2023

IT stocks lift markets ahead of key US inflation data

Markets advanced on Tuesday, led by gains in IT stocks ahead of US inflation data later in the day, while ......

ITC to buy Yoga Bar maker

Consumer

17 January, 2023

ITC to buy Yoga Bar maker

ITC Ltd, on Tuesday said it is set to acquire 100% stake over a three-to-four-year period in Sproutlife Foods Private ......

Early-stage investor Unitus Ventures makes two senior appointments

People

06 December, 2022

Early-stage investor Unitus Ventures makes two senior appointments

Early-stage venture capital firm Unitus Ventures, on Tuesday announced appointments of Sanjiv Rangrass as venture partner and Raj Nooyi as ......