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Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week

General

02 August, 2024

Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week

The homegrown venture capital and private equity ecosystem saw a significant uptick this week, with funding making a strong recovery ......

UltraTech board approves $472 mn deal to take control of India Cements

Manufacturing

29 July, 2024

UltraTech board approves $472 mn deal to take control of India Cements

UltraTech Cement, India's number one cement maker, said its board on Sunday approved a $472 million deal to gain control ......

UltraTech buys 23% stake in India Cements for $226 mn

Infrastructure

27 June, 2024

UltraTech buys 23% stake in India Cements for $226 mn

UltraTech Cement said on Thursday it will buy a 23% stake in rival India Cements for up to 18.85 billion ......

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Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts

General

30 April, 2024

Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts

CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an ......

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Deals Digest: Funding activity slows down in November last week

Finance

01 December, 2023

Deals Digest: Funding activity slows down in November last week

Investment activity by private equity and venture capital firms slowed in the last week of November as the largest deals remained below the ......

Mela Ventures, others back IoT-based Intugine

TMT

29 November, 2022

Mela Ventures, others back IoT-based Intugine

Internet of things-based logistics startup Intugine Technologies Pvt. Ltd on Tuesday said it has secured pre-series A funding of Rs ......

Indian shares hit near 3-month high on jump in automakers, UltraTech Cement

Economy

17 January, 2022

Indian shares hit near 3-month high on jump in automakers, UltraTech Cement

Indian shares closed at their highest level in nearly three months on Monday as automakers advanced and UltraTech Cement jumped ......

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Dark clouds hanging over India Inc scatter at a faster pace

Finance

03 February, 2021

Dark clouds hanging over India Inc scatter at a faster pace

A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started to ......

Antitrust body raids cement giants UltraTech, LafargeHolcim units

Manufacturing

10 December, 2020

Antitrust body raids cement giants UltraTech, LafargeHolcim units

India's antitrust body on Wednesday conducted raids at offices of UltraTech Cement and two subsidiaries of the world's largest cement ......

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Dark clouds hanging over India Inc start to drift away, finally

Finance

05 November, 2020

Dark clouds hanging over India Inc start to drift away, finally

First, the sliding economy clobbered India Inc, and then the pandemic that took off in April-June made things worse.  But the ......