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Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

General

16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa outsourcing firm at ......

Hyundai India IPO bankers set for big payday with $40-mn fee

Manufacturing

26 June, 2024

Hyundai India IPO bankers set for big payday with $40-mn fee

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......

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Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

General

04 June, 2024

Grapevine: Kedaara portfolio firm Ajax plans IPO; Rebel Foods-backed Slay Coffee to exit cloud kitchens

Ajax Engineering, a concrete equipment maker backed by Kedaara Capital, is considering an initial public offering (IPO) that could raise Rs ......

JPMorgan Chase plans to expand staff in India by 5-7%

People

30 May, 2024

JPMorgan Chase plans to expand staff in India by 5-7%

JPMorgan Chase plans to grow its headcount in India by 5%-7% annually over the next few years, a senior executive ......

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JPMorgan reaps neat money from India portfolio despite a setback

TMT

30 April, 2024

JPMorgan reaps neat money from India portfolio despite a setback

Global financial services firm JPMorgan's asset management arm has pressed the exit button on an Indian portfolio company it picked ......

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Finance

06 February, 2024

Grapevine: Byju's gets reprieve from court; Muvin shuts operations

Bengaluru-based edtech giant Byju’s got a favourable order from a Bengaluru civil court that rejected a plea by its lenders ......

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Grapevine: Avanse Financial shortlists bankers ahead of IPO; GMR Airports raises debt

General

04 January, 2024

Grapevine: Avanse Financial shortlists bankers ahead of IPO; GMR Airports raises debt

Mumbai-based Avanse Financial Services, backed by private equity major Warburg Pincus, Kedaara Capital and the International Finance Corporation (IFC), has ......

Global dealmaking lull storing pent-up demand, say investment bankers

Finance

09 November, 2023

Global dealmaking lull storing pent-up demand, say investment bankers

Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the ......

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Bottomline: Naaptol's biz nears decadal low; banks on OTT,  video content to stay afloat

Consumer

01 November, 2023

Bottomline: Naaptol's biz nears decadal low; banks on OTT, video content to stay afloat

E-shopping platform Naaptol’s revenue from operations declined again in FY23 after a speck of green in the preceding financial year, ......

Explained: What India's inclusion in JPMorgan's bond index means for its markets

Finance

22 September, 2023

Explained: What India's inclusion in JPMorgan's bond index means for its markets

JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank ......