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Grapevine: Emami Group mulls sale of pharmacy chain; Hero FinCorp plans IPO filing

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31 May, 2024

Grapevine: Emami Group mulls sale of pharmacy chain; Hero FinCorp plans IPO filing

Kolkata-based Emami Group is considering strategic options, including a potential sale, of its pharmacy retail chain Frank Ross, a media report said.  The ......

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Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

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30 May, 2024

Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary ......

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Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status

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29 May, 2024

Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status

LG Electronics has engaged JP Morgan and Morgan Stanley to evaluate a potential IPO of its Indian unit, LG Electronics ......

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Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

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27 May, 2024

Grapevine: Megha Engineering to sell city gas unit; Hyundai Motor picks IPO bankers

Hyderabad-based Megha Engineering and Infrastructures Ltd (MEIL) is selling its city gas distribution arm, Megha City Gas Distribution Pvt Ltd ......

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Grapevine: JB Chemicals gets more suitors; Disney set to exit Tata Play

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24 May, 2024

Grapevine: JB Chemicals gets more suitors; Disney set to exit Tata Play

Indian drugmakers Mankind Pharma, Dr Reddy’s Laboratories, and Torrent Pharma are in the race to acquire JB Chemicals & Pharmaceuticals ......

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Grapevine: Oyo taps family offices for funds; KKR eyes RE Sustainability exit

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22 May, 2024

Grapevine: Oyo taps family offices for funds; KKR eyes RE Sustainability exit

Hospitality startup Oyo, is seeking $80-90 million (Rs 660-750 crore) from family offices as part of its ongoing funding round, a ......

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Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

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21 May, 2024

Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

Promoters of Haldiram Snacks Foods are reluctant to sell their stakes to private equity (PE) firms and have dismissed reports ......

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Grapevine: Rare Rabbit taps more investors; Brookfield may back Leap Green

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20 May, 2024

Grapevine: Rare Rabbit taps more investors; Brookfield may back Leap Green

Rare Rabbit, a men's apparel brand, is closing its first institutional funding round of Rs 500 crore, led by investment ......

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Deals Digest: Funding value surges on back of big-ticket financial services deal

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17 May, 2024

Deals Digest: Funding value surges on back of big-ticket financial services deal

Private equity (PE) and venture capital (VC) investment saw a substantial jump in terms of value, propelled by a large ......

Mubadala's FY24 assets under management top $300 bn

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17 May, 2024

Mubadala's FY24 assets under management top $300 bn

Abu Dhabi sovereign wealth fund Mubadala's assets under management rose 9.5% last year to 1.11 trillion dirhams ($302.2 billion), it ......