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Rakesh Jhunjhunwala

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Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Finance

15 April, 2020

Hedge fund Abakkus ups stake in Fairfax-backed securities broking firm

Hedge fund Abakkus Asset Manager LLP has raised its stake in a securities broking firm that is backed by Canadian ......

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ChrysCap's bet goes bust as Salman Khan family takes control of ‘Being Human' licence

Consumer

20 March, 2020

ChrysCap's bet goes bust as Salman Khan family takes control of ‘Being Human' licence

Homegrown private equity investor ChrysCapital, which had invested in a company that marketed apparel under the ‘Being Human’ brand, is ......

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

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CX Partners, Jhunjhunwala set to earn neat returns as Barbeque Nation refiles for IPO

Consumer

18 February, 2020

CX Partners, Jhunjhunwala set to earn neat returns as Barbeque Nation refiles for IPO

Homegrown private equity firm CX Partners and ace stock market investor Rakesh Jhunjhunwala are poised to score benchmark returns by ......

Grapevine: Jhunjhunwala under SEBI lens; Kedaara may bet on Veritas Finance

General

28 January, 2020

Grapevine: Jhunjhunwala under SEBI lens; Kedaara may bet on Veritas Finance

The Securities and Exchange Board of India is investigating insider trading allegations against billionaire investor Rakesh Jhunjhunwala, a media report ......

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Australian fund close to picking up stake in India's top health insurance firm

Finance

08 January, 2020

Australian fund close to picking up stake in India's top health insurance firm

ROC Partners, which was created with a management buyout of Macquarie’s private markets business unit five years ago, is in ......

Yes Bank to raise $2 bn via preferential share issue

Finance

02 December, 2019

Yes Bank to raise $2 bn via preferential share issue

Yes Bank Ltd aims to raise up to $2 billion in a massive issue of new shares to institutional investors ......

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Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Infrastructure

19 November, 2019

Rakesh Jhunjhunwala-backed NCC manages debt woes, faces rough ride in Andhra Pradesh

Ever since the new Andhra Pradesh government led by chief minister YS Jaganmohan Reddy took office in May, infrastructure and ......

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

General

13 November, 2019

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group, have ......

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Rakesh Jhunjhunwala buys minority stake in PE-backed telecom operator

TMT

03 October, 2019

Rakesh Jhunjhunwala buys minority stake in PE-backed telecom operator

Rakesh Jhunjhunwala, one of India’s top stock market investors and founder of investment firm Rare Enterprises, has placed a rare ......