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Company watch: Ching's Secret maker faces profit woes amid expansion, competition

Consumer

25 November, 2020

Company watch: Ching's Secret maker faces profit woes amid expansion, competition

Capital Foods Pvt. Ltd, which is into selling Chinese food under Ching’s Secret brand and fusion food under Smith & ......

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

General

06 November, 2020

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

Global private equity funds Warburg Pincus, General Atlantic and Apax Partners have shown interest to acquire close to a 25% ......

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Has PE dealmaking in India bottomed out after slumping to decade-low?

Finance

08 October, 2020

Has PE dealmaking in India bottomed out after slumping to decade-low?

The number of private equity deals in India increased for the first time in four quarters during the July-September period ......

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance Retail ......

Reliance pockets $1 bn from GIC, TPG for retail unit

Consumer

03 October, 2020

Reliance pockets $1 bn from GIC, TPG for retail unit

Singapore sovereign wealth fund GIC Pte Ltd and US-based private equity firm TPG will invest a total of Rs 7,350 ......

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Consumer

01 October, 2020

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Reliance Industries Ltd said Thursday Mubadala Investment Company will invest Rs 6,247.5 crore ($853 million) in Reliance Retail Ventures Ltd, ......

General Atlantic to invest almost $500 mn in Reliance's retail arm

Consumer

30 September, 2020

General Atlantic to invest almost $500 mn in Reliance's retail arm

General Atlantic has become the third US-based private equity investor, after KKR & Co. Inc and Silver Lake Partners, to ......

Silver Lake backs Byju's in second India bet this year

TMT

08 September, 2020

Silver Lake backs Byju's in second India bet this year

US-based private equity firm Silver Lake has led a new round of funding in education-technology company Byju’s, as investor interest ......

Unacademy gets SoftBank backing, joins unicorn league

TMT

02 September, 2020

Unacademy gets SoftBank backing, joins unicorn league

Unacademy has raised a whopping $150 million (Rs 1,094 crore) in a new funding round led by SoftBank, catapulting the ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......