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Explained: Why PE firms do debt deals and what leverage they really have over founders

Finance

02 August, 2019

Explained: Why PE firms do debt deals and what leverage they really have over founders

A note purportedly written by Café Coffee Day founder VG Siddhartha, who apparently committed suicide earlier this week, has shaken ......

Premium
Café Coffee Day parent's PE investors stare at losses as stock slumps

Finance

01 August, 2019

Café Coffee Day parent's PE investors stare at losses as stock slumps

The private equity investors of Coffee Day Enterprises Ltd, the parent of coffee retail chain Café Coffee Day, are staring ......

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

People

31 July, 2019

Café Coffee Day founder VG Siddhartha's body found; firm names interim chairman

Indian authorities confirmed on Wednesday they have recovered the body of coffee baron V.G. Siddhartha, who was missing since Monday ......

Premium
A tale of Café Coffee Day parent's PE backers and another that lent to VG Siddhartha

Consumer

30 July, 2019

A tale of Café Coffee Day parent's PE backers and another that lent to VG Siddhartha

A decade ago, VG Siddhartha was the darling of the private equity community and had no trouble attracting investors for ......

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

Consumer

30 July, 2019

Cafe Coffee Day founder goes missing; pressure from PE firm, lenders seen as trigger

VG Siddhartha, who built India’s largest coffee retail chain under the Café Coffee Day brand, has gone missing and may ......

Coca-Cola India names new M&A head in management rejig

Consumer

16 July, 2019

Coca-Cola India names new M&A head in management rejig

Global beverages giant The Coca-Cola Company’s India and South West Asia unit has appointed Sarvita Sethi as vice president of ......

Grapevine: Coca-Cola eyes Café Coffee Day stake; HDFC Bank plans NBFC unit's IPO

General

27 June, 2019

Grapevine: Coca-Cola eyes Café Coffee Day stake; HDFC Bank plans NBFC unit's IPO

Global beverages giant Coca-Cola has initiated talks to acquire a stake in Café Coffee Day as it looks to expand ......

Grapevine: GIC, Carlyle among front runners for SBI General; Brookfield eyes Suzlon

General

24 June, 2019

Grapevine: GIC, Carlyle among front runners for SBI General; Brookfield eyes Suzlon

Singapore sovereign wealth fund GIC and five private equity firms have been shortlisted to buy a 26% stake in SBI ......

After hostile bid, L&T turns on charm offensive to woo Mindtree

TMT

19 March, 2019

After hostile bid, L&T turns on charm offensive to woo Mindtree

A day after acquiring a 20.3% stake in software services company Mindtree Ltd, engineering and financial services conglomerate Larsen & ......

L&T makes $1.56-bn hostile bid to take control of Mindtree

TMT

18 March, 2019

L&T makes $1.56-bn hostile bid to take control of Mindtree

Larsen & Toubro Ltd has agreed to buy a fifth of Mindtree Ltd and initiated actions to take control of ......