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CavinKare weighs future of underperforming business division

Consumer

07 August, 2019

CavinKare weighs future of underperforming business division

Fast-moving consumer goods company CavinKare Pvt. Ltd is looking at the possibility of selling one of its businesses, two people ......

IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit

Finance

30 May, 2019

IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit

IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......

Prudential set to raise $232 mn via stake sale in ICICI Prudential Life

Finance

26 March, 2019

Prudential set to raise $232 mn via stake sale in ICICI Prudential Life

UK-based insurer and investment firm Prudential Corporation Holdings Ltd (PCHL) is looking to sell up to 3.7% of its stake ......

Infibeam-CCAvenue merger under scanner; Shapoorji hires banker for solar unit's IPO

General

02 January, 2019

Infibeam-CCAvenue merger under scanner; Shapoorji hires banker for solar unit's IPO

Infibeam Avenues Ltd’s auditor has sought the report of a probe into the company’s merger with Avenues India Pvt Ltd, ......

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Northern Arc Capital in talks with PE firms, Japanese investor for pre-IPO round

Finance

22 November, 2018

Northern Arc Capital in talks with PE firms, Japanese investor for pre-IPO round

Northern Arc Capital Ltd, formerly known as IFMR Capital, is in discussions with several private equity firms and strategic investors ......

PE firm Lighthouse invests in mattress maker Duroflex

Manufacturing

29 October, 2018

PE firm Lighthouse invests in mattress maker Duroflex

Mid-market consumer-focused private equity firm Lighthouse Advisors Pvt. Ltd has invested Rs 160 crore ($22 million) in mattress company Duroflex ......

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Meet the domestic investment banks leading India's IPO charge

Finance

17 July, 2018

Meet the domestic investment banks leading India's IPO charge

Domestic investment banks continue to spearhead efforts by Indian companies to go public, with the country’s primary market on the ......

Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

General

03 July, 2018

Everstone-Kenstar deal hits snag; ICICI Prudential MF told to refund investors

Private equity firm Everstone Capital’s plans to acquire Videocon group’s home appliances brand Kenstar have hit a roadblock due to ......

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Company watch: Angel Broking seeks to press the pedal after profit plateaus

Finance

07 May, 2018

Company watch: Angel Broking seeks to press the pedal after profit plateaus

Stock brokers often tell investors to not put all their eggs in one basket. Some stock broking firms themselves have ......

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Everstone to sell more stake in Crystal Crop IPO after below-par partial exit

Manufacturing

05 April, 2018

Everstone to sell more stake in Crystal Crop IPO after below-par partial exit

Agrochemical company Crystal Crop Protection Pvt. Ltd has filed draft papers for an initial public offering to sell fresh shares ......