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Orbimed, Accel-backed companies get IPO nod; GEF-backed Hero Motors opts out

Healthcare

08 October, 2024

Orbimed, Accel-backed companies get IPO nod; GEF-backed Hero Motors opts out

Two private equity-backed firms' draft red herring prospectuses received the Securities and Exchange Board of India's (SEBI) nod for an ......

Govt seeks explanation from Ola Electric after over 10,000 complaints

Infrastructure

08 October, 2024

Govt seeks explanation from Ola Electric after over 10,000 complaints

India's consumer rights agency received unusually high 10,000 complaints against Ola Electric over a year and has sent a notice ......

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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October, 2024

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

IndoSpace to dial up investment in Tamil Nadu to meet warehouse demand

Infrastructure

08 October, 2024

IndoSpace to dial up investment in Tamil Nadu to meet warehouse demand

Warehouse developer IndoSpace said on Tuesday it will increase investment in the southern state of Tamil Nadu by 41% over ......

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Infrastructure

07 October, 2024

Ola Electric shares tumble after founder's spat with comedian Kunal Kamra

Ola Electric's shares tumbled 9% on Monday after a public spat between the founder of India's biggest e-scooter maker and ......

Jakson Green to raise $476 mn for renewables capacity expansion

Infrastructure

04 October, 2024

Jakson Green to raise $476 mn for renewables capacity expansion

India's Jakson Green is closing in on a more than 40 billion-rupee ($476.4 million) fundraise to expand its renewable energy ......

Matrix Gas & Renewables aims to raise up to $143 mn in IPO

Infrastructure

03 October, 2024

Matrix Gas & Renewables aims to raise up to $143 mn in IPO

India's Matrix Gas & Renewables aims to raise 10 billion to 12 billion rupees ($119-$143 million) via initial public offering ......

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Amplus' Sharad Pungalia on outlook of Indian renewables industry, product mix and more

Infrastructure

04 October, 2024

Amplus' Sharad Pungalia on outlook of Indian renewables industry, product mix and more

In April 2019 Malaysian oil and gas giant Petroliam Nasional Berhad (Petronas) acquired Indian solar energy company Amplus Energy Solutions ......

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AP Moller Capital, another Danish PE firm get LP cheque for funds with India mandate

Infrastructure

03 October, 2024

AP Moller Capital, another Danish PE firm get LP cheque for funds with India mandate

Copenhagen-based private equity firm AP Moller Capital and one of its Danish peers have secured commitments from a common limited ......

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Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss

Infrastructure

03 October, 2024

Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss

The financial year 2023-24 was a mixed bag of sorts for Bengaluru International Airport Ltd (BIAL), which operates the Kempegowda ......