Ankit Doshi
TMT
IRCTC IPO covered 112 times on heavy investor demand
The initial public offering of state-run Indian Railway Catering and Tourism Corp. (IRCTC) was subscribed more than 100 times on ......
TMT
Rakesh Jhunjhunwala buys minority stake in PE-backed telecom operator
Rakesh Jhunjhunwala, one of India’s top stock market investors and founder of investment firm Rare Enterprises, has placed a rare ......
Infrastructure
IREDA, Route Mobile, Montecarlo take second shot at IPOs
State-run Indian Renewable Energy Development Agency Ltd (IREDA) has received regulatory approval to float an initial public offering while Montecarlo ......
TMT
State-run IRCTC's IPO fully covered on second day
The initial public offering of state-run Indian Railway Catering and Tourism Corp. (IRCTC) was fully subscribed on the second day ......
TMT
State-run IRCTC's IPO moves full speed ahead on first day
The initial public offering of state-run Indian Railway Catering and Tourism Corp. (IRCTC) crossed most of the distance on the ......
Finance
Ambit appoints former Avendus top exec as CEO of wealth biz
Mumbai-based investment firm Ambit Group has hired a senior executive from KKR-backed Avendus to head the wealth management business, the ......
Manufacturing
Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker
A hedge fund set up by a former top executive at Reliance Capital Ltd has bought a minority stake in ......
Finance
Fairfax sells half its stake in ICICI Lombard, earns modest returns
Canadian investment firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest rail network, is ......
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