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GMR Airports raises stake in Delhi airport to 74% as Germany's Fraport exits

Infrastructure

09 September, 2024

GMR Airports raises stake in Delhi airport to 74% as Germany's Fraport exits

India's GMR Airports Infrastructure said on Monday it increased its stake in the main airport in New Delhi to 74%, ......

NIIF-backed EV maker Ather Energy files for $370 mn IPO

Infrastructure

09 September, 2024

NIIF-backed EV maker Ather Energy files for $370 mn IPO

Indian electric two wheeler-maker Ather Energy has filed for an IPO consisting of a fresh issue of shares worth 31 ......

Bajaj Housing Finance's $782 mn IPO oversubscribed in busy week for Indian floats

Finance

09 September, 2024

Bajaj Housing Finance's $782 mn IPO oversubscribed in busy week for Indian floats

Bajaj Housing Finance's $782 million public offer was oversubscribed nearly twice on the first day of bidding on Monday, kicking off ......

Carlyle to sell stake of up to $1.2 bn in Hexaware IPO

TMT

07 September, 2024

Carlyle to sell stake of up to $1.2 bn in Hexaware IPO

Carlyle Group affiliate, CA Magnum Holdings, plans to sell shares worth 99.5 billion rupees ($1.2 billion) in the upcoming IPO ......

Byju's auditor BDO resigns after start of bankruptcy proceedings

TMT

07 September, 2024

Byju's auditor BDO resigns after start of bankruptcy proceedings

Indian education technology company Byju's auditor BDO Global has resigned after the startup did not provide documents requested following the ......

Indian EV maker Wardwizard to form joint venture in Saudi Arabia

Manufacturing

06 September, 2024

Indian EV maker Wardwizard to form joint venture in Saudi Arabia

Indian electric vehicle maker Wardwizard Innovations and Mobility announced on Friday it received a letter of intent to form a ......

CVC Capital reports profit rise in first results as public company

Finance

06 September, 2024

CVC Capital reports profit rise in first results as public company

Private equity group CVC reported an increase in half-year profit on Thursday and said it expected margins to expand in ......

PN Gadgil Jewellers seeks to raise $131 mn in upcoming IPO

Consumer

05 September, 2024

PN Gadgil Jewellers seeks to raise $131 mn in upcoming IPO

India's P N Gadgil Jewellers said it aimed to raise 11 billion rupees ($131 million) through an initial public offering ......

Brookfield-backed Data InvIT raises nearly $1 bn in rare bond deal to fund ATC India purchase

Infrastructure

05 September, 2024

Brookfield-backed Data InvIT raises nearly $1 bn in rare bond deal to fund ATC India purchase

Brookfield-backed Data Infrastructure Trust, an Indian infrastructure investment trust (InvIT), has raised $941 million via rupee bonds to fund the purchase ......

CapitaLand aims to more than double India funds under management by 2028

Infrastructure

04 September, 2024

CapitaLand aims to more than double India funds under management by 2028

Singapore's CapitaLand Investment said on Wednesday it aims to more than double its funds under management in India by 2028 ......