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Bain to divest 1.2% stake in Axis Bank via bulk deal

Finance

Bain to divest 1.2% stake in Axis Bank via bulk deal

Private equity investor Bain Capital will sell a 1.24% stake in private lender Axis Bank Ltd through...

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

TMT

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

JPMorgan and Avendus Capital have topped the list of financial advisers for mergers and acquisitions...

JPMorgan appoints Goldman, Wells Fargo execs to lead growth equity arm

People

JPMorgan appoints Goldman, Wells Fargo execs to lead growth equity arm

JPMorgan Chase & Co on Monday launched a new division in its asset management business that will ...

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary...

Grapevine: Macquarie to sell part of solar portfolio; Dream11 in talks with banks for US listing

General

Grapevine: Macquarie to sell part of solar portfolio; Dream11 in talks with banks for US listing

Macquarie Infrastructure and Real Assets is planning to sell around 450 megawatt of its solar power ...

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

General

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

Adani Wilmar, the company behind the Fortune brand of edible oils, is planning to raise up to Rs 5,...

Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

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Grapevine: Blackstone to lose Amit Jain, may exit Mphasis

Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his ...

Happiest Minds' IPO fully covered within hours as retail investors drive demand

TMT

Happiest Minds' IPO fully covered within hours as retail investors drive demand

The initial public offering of software services company Happiest Minds Technologies Ltd was fully ...

Grapevine: BillDesk up for sale again; Edelweiss sells sticky loans to SSG, Farallon

General

Grapevine: BillDesk up for sale again; Edelweiss sells sticky loans to SSG, Farallon

IndiaIdeas.com Ltd has revived efforts to sell the entire business of its BillDesk payments gateway ...

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Finance

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, ...