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Morgan Stanley picks up stake in Paytm after Alibaba's divestment

Finance

13 January, 2023

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

After stake sale by Alibaba, Singapore in One 97 Communications Ltd aka Paytm, Morgan Stanley Asia (Singapore) has bought fresh ......

Edelweiss Alternatives acquires 51% in L&T arm

Finance

19 December, 2022

Edelweiss Alternatives acquires 51% in L&T arm

To reduce its exposure to the non-core asset-heavy developmental projects portfolio, Larsen and Toubro sold its 51% stake in L&T ......

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Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Finance

07 December, 2022

Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank ......

Biocon concludes Viatris' $3 bn acquisition

Healthcare

30 November, 2022

Biocon concludes Viatris' $3 bn acquisition

Biosimilars manufacturing arm of Biocon Ltd, Biocon Biologics, on Tuesday announced completion of acquisition of Viatris' global biosimilars business for ......

Aditya Birla Fashion Retail to invest in eight brands

Consumer

28 November, 2022

Aditya Birla Fashion Retail to invest in eight brands

TMRW, an Aditya Birla Group venture and a wholly-owned unit of Aditya Birla Fashion Retail Ltd (ABRFL), on Monday announced ......

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ReNew to sell assets worth 1 GW

Infrastructure

24 November, 2022

ReNew to sell assets worth 1 GW

ReNew Energy Global Plc is looking to sell 1 gigawatt of its operational clean energy capacity at an enterprise value ......

Here's why Nykaa has slipped 20% in last four sessions

Consumer

17 November, 2022

Here's why Nykaa has slipped 20% in last four sessions

Shares of FSN E-Commerce Ventures Ltd., owner of beauty e-retailer Nykaa, has been under pressure since lock-up ended last week. ......

Paytm skids 10% after SoftBank cuts stake by a third

Finance

17 November, 2022

Paytm skids 10% after SoftBank cuts stake by a third

Shares of One 97 Communications Ltd (Paytm) tumbled about 10% to ₹541 apiece on the BSE in Thursday's opening deals ......

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Reliance Retail, Nykaa eyeing TA Associates' stake in TCNS Clothing

Consumer

16 November, 2022

Reliance Retail, Nykaa eyeing TA Associates' stake in TCNS Clothing

Reliance Retail, Nykaa, Aditya Birla Fashion and Trent Ltd, as well as private equity investors such as TPG Capital and ......

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TPG looking to exit renewable energy company Fourth Partner

Infrastructure

08 November, 2022

TPG looking to exit renewable energy company Fourth Partner

Private equity firm TPG is looking to sell its stake in renewable energy company Fourth Partner Energy Pvt. Ltd for ......