Ankit Agarwal
Healthcare
Company watch: CDC-backed Rainbow hopes to recover from Covid-19 hit on hospital biz
Rainbow Children’s Medicare Pvt. Ltd, which operates a chain of paediatric hospitals, expects revenue and profit to fall sharply this ......
General
Grapevine: Amazon may bet on Apollo Pharmacy; Meesho seeks fresh funding
Online retailer Amazon.com Inc. is planning to invest about $100 million (Rs 737 crore) in Apollo Pharmacy for a minority ......
Finance
India Inc snips FY20 fees for top-paid independent directors
India’s highest-paid independent directors took home lower aggregate fees in 2019-20 than the year before as many publicly listed companies ......
General
Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers
Private equity firm Blackstone Group Inc. has started a process to float an initial public offering of mortgage lender Aadhar ......
General
Grapevine: Flipkart may list abroad; Actis looking to acquire Ashoka Concessions
Walmart Inc. has hired Goldman Sachs to explore an initial public share sale of about 25% of its stake in ......
Healthcare
Company watch: Krsnaa Diagnostics suffers expansion pangs but poised for virus boom
Pune-based Krsnaa Diagnostics Pvt. Ltd’s profit before taxes shrank by close to 15% in 2019-20 owing to higher interest costs ......
General
Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale
The Tata group, after five months of negotiations, has agreed on the deal structure to buy about 80% stake in ......
General
Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker
The Tata group’s offer to buy the Coffee Day Group’s vending machine business has hit a hurdle with top-two lenders ......
General
Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold
Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic ......
General
Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete
Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......
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