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Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

Consumer

30 July, 2019

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

VG Siddhartha, who built India’s largest coffee retail chain under the Café Coffee Day brand, has gone missing and may ......

Mindtree CEO, two founders quit after L&T completes takeover

People

05 July, 2019

Mindtree CEO, two founders quit after L&T completes takeover

Mindtree Ltd said on Friday that chief executive officer Rostow Ravanan and founders Krishnakumar Natarajan and NS Parthasarathy will be ......

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Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Finance

24 June, 2019

Nalanda Capital clocks benchmark returns from Mindtree stake sale to L&T

Nalanda Capital, an India-focussed private equity-style investor in public equities (PIPE), has sold its entire stake in software services company ......

L&T tightens grip on Mindtree as three top execs get board seats

TMT

20 June, 2019

L&T tightens grip on Mindtree as three top execs get board seats

Larsen & Toubro Ltd (L&T) has secured three seats on the board of Mindtree Ltd as the engineering giant presses ......

Larsen & Toubro raises Mindtree stake to 26%

TMT

09 May, 2019

Larsen & Toubro raises Mindtree stake to 26%

Industrial conglomerate Larsen & Toubro Ltd bought an additional 2 percent stake in Mindtree Ltd, raising its total ownership to ......

L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn

TMT

30 April, 2019

L&T buys VG Siddhartha's 20% stake in Mindtree for $461 mn

Engineering and construction conglomerate Larsen & Toubro Ltd on Tuesday acquired a 20% stake in Bengaluru-based IT services firm Mindtree ......

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Fund Scan: Decoding Nalanda Capital's ‘keep calm, keep quiet and carry on' strategy

Finance

30 April, 2019

Fund Scan: Decoding Nalanda Capital's ‘keep calm, keep quiet and carry on' strategy

Pulak Chandan Prasad and Warren Buffett share some similarities. Both are investors. Both prefer to make long-term investments. Both have ......

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Value Lens: Is Baring PE Asia paying the right price for NIIT Technologies?

TMT

08 April, 2019

Value Lens: Is Baring PE Asia paying the right price for NIIT Technologies?

India’s information technology services industry has long been a favourite of overseas private equity investors. The PE firms’ interest in ......

Baring PE Asia to acquire 30% stake in NIIT Technologies, makes open offer

TMT

07 April, 2019

Baring PE Asia to acquire 30% stake in NIIT Technologies, makes open offer

Baring Private Equity Asia has signed pacts to acquire a 30% stake in NIIT Technologies Ltd and made an open ......

CCI approves L&T's bid to take over Mindtree

TMT

05 April, 2019

CCI approves L&T's bid to take over Mindtree

The Competition Commission of India (CCI) late on Friday approved engineering conglomerate Larsen & Toubro Ltd's proposal to take over ......