Megha Arora
Manufacturing
Murugappa Group to buy 44.12% promoter stake in Shanthi Gears for $53.3M
Murugappa Group’s flagship company, Tube Investments of India Ltd (TII), engaged in diversified operations such as auto-ancillary products, bicycle retailing, ......
Manufacturing
IIP growth at 2.4% in May; Has it really bottomed out?
India’s industrial output, measured by the index of industrial production (IIP), grew 2.4 per cent in May over the same ......
Manufacturing
L&T's Tamco Switchgear acquires Henikwon Corporation
Larsen & Toubro’s Malaysia-based wholly owned subsidiary Tamco Switchgear has acquired Henikwon Corporation Sdn Bhd, a Malaysian manufacturer of low ......
General
Indian PE deal value, M&A deal volume in Q2 lowest since Q4 2009
Lack of big-ticket transactions pulled down the value of private equity deals in India during the second quarter ended June ......
Consumer
Jayaram Banan's second coming: North Indian veg hotel chain
Jayaram Banan, founder of the Delhi-based South Indian food chains Sagar Ratna and Swagath, is turning a serial entrepreneur, albeit ......
General
IvyCap Ventures' debut fund makes first close at $19M; investing $4.5M in two companies
IvyCap Ventures Advisors, started by former Ajay Piramal Group executive Vikram Gupta, has made a first close for its debut ......
General
Temasek's Asian exposure dips in FY12, unlisted portfolio up
Singapore’s sovereign wealth fund Temasek saw its global portfolio value inch up 2.6 per cent to close the year ended ......
General
Everstone's Sameer Sain sells remaining stake in Future Capital
Sameer Sain, former joint venture partner of retail king Kishore Biyani in their financial services joint venture Future Capital Holdings, ......
Healthcare
Poonawalla's Serum Institute buys NVI's production biz for $40M
The Serum Institute of India Limited (Serum) has acquired the production unit of Netherland’s state-owned vaccine maker Netherlands Vaccine Institute ......
Consumer
Ronnie Screwvala's Unilazer Ventures invests in INI Farms
Ronnie Screwvala promoted Unilazer Ventures Limited, a Mumbai-based private equity firm, has invested an undisclosed amount in INI Farms Private ......