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M&M seeks up to $1.3 bn capital raise for EV arm

Finance

22 March, 2023

M&M seeks up to $1.3 bn capital raise for EV arm

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its ......

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India Inc's ‘donations' spiked in election year; PM Cares Fund gets big chunk

Finance

10 November, 2020

India Inc's ‘donations' spiked in election year; PM Cares Fund gets big chunk

Indian companies bumped up their voluntary donations and spending on corporate social responsibility initiatives during the year through March 2020, ......

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How much are FreeCharge founders harvesting as they exit agri-tech startup?

TMT

04 September, 2020

How much are FreeCharge founders harvesting as they exit agri-tech startup?

Sandeep Tandon and Kunal Shah, best known for founding and selling digital wallet Freecharge, have scored another profitable exit by ......

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As RIL's net debt turns zero, a look at companies carrying heavy loan burden

Finance

16 July, 2020

As RIL's net debt turns zero, a look at companies carrying heavy loan burden

India Inc.’s gargantuan debt problem is unlikely to be solved anytime soon as almost a fifth of the 500 most ......

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Retail lending may revive only after festival season: Mahindra Finance chief

Finance

18 May, 2020

Retail lending may revive only after festival season: Mahindra Finance chief

Over the past few years, Indian lenders—both banks and non-bank financial companies (NBFCs)—have relied heavily on retail lending to drive ......

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As coronavirus dampens demand, which companies have the biggest inventories?

Consumer

07 April, 2020

As coronavirus dampens demand, which companies have the biggest inventories?

The coronavirus pandemic has brought the world’s second-most populous country to a virtual standstill, infecting more than 4,500 and killing ......

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Is VC firm Omnivore making any money by partially exiting agri-tech investment?

TMT

13 March, 2020

Is VC firm Omnivore making any money by partially exiting agri-tech investment?

Venture capital firm Omnivore has partially exited its six-year-old investment in an agri-tech company by selling some of its stake ......

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Can overseas forays, solar project development power Mahindra Susten's profit margin?

Infrastructure

24 February, 2020

Can overseas forays, solar project development power Mahindra Susten's profit margin?

For the past several months Mahindra Susten Pvt. Ltd is said to be in talks to sell some of its ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

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How True North's long bet on Meru is deep underwater as M&M takes the wheel

Finance

04 September, 2019

How True North's long bet on Meru is deep underwater as M&M takes the wheel

Private equity investor True North is staring at a potential haircut in one of its oldest remaining portfolio companies, Meru ......