Bhavik Nair

Dentsu Aegis Network SEA acquires Singapore-based digital marketing agency Happy Marketer

Dentsu Aegis Network SEA on Thursday said that it has acquired 100% of Happy Marketer Group, a digital marketing agency headquartered in Singapore.

Dentsu Aegis Network SEA acquires Singapore-based Happy Marketer News

Stake sale: Promotors of Igarashi Motors may exit firm

The promoters have a combined stake of 75% and the market capitalisation of the company at the close of trade on Friday was Rs 1,502.78 crore.

Stake sale, Promotors of Igarashi Motors, Igarashi Motors, Apax Partners, AION Capital, Varroc Engineering News

RBI rate cut: Bonds rally but fears of oversupply persists

Bond market experts indicate that the market is still not convinced of the fiscal deficit front and is likely to remain in a wait-and-watch mode before entering into any significant buying

RBI rate cut, inflation forecast, consumer price index, HSBC Global Markets, fiscal deficit, bond market News

RBI relaxes rules for FPI investment in corporate bonds

In April 2018, the central bank had notified that no FPI shall have an exposure of more than 20% of its corporate bond portfolio to a single corporate, and in case an FPI has exposure in excess of 20%, it shall not make furth

RBI, rules for FPI investment, FPI investment, corporate bonds, Quantum Mutual Fund News

Morgan Stanley to invest Rs 400 crore in realty

The investment is likely to be done from the Morgan Stanley Real Estate Fund (MSREF).

Morgan Stanley, KSH Logistics, MSREF, KSH Distriparks, Morgan Stanley, KSH Infra News

IndoStar Capital acquires IIFL Fin’s CV biz

IndoStar Capital Finance, a listed non-banking financial company (NBFC), said on Monday that it is set to acquire the consumer vehicle (CV) finance business of India Infoline Finance (IIFL Finance), a subsidiary of IIFL Holdi

Markets News

Bonds sell-off on higher government borrowing

Bonds sold off sharply on Friday with the gross borrowing figure of Rs7.1 lakh crore for 2019-2020 against the backdrop of somewhat optimistic revenue projections.

Markets News

Former Tata Group execs, Quantum Advisors launch billion-dollar ESG fund

ESG funds are those that take environmental, social and governance factors into consideration while investing.

Industry News

Jet Airways deal: Goyal eying Rs 200 a share, Etihad looks at Rs 150/share

Contrary to speculation that a restructuring proposal of Jet Airways is hanging because promoter-chairman Naresh Goyal is unwilling to bring down his controlling stake below 51%, sources said that the latter is amenable to a

jet airways, etihad, jet etihad airways News

CCD founder VG Siddhartha’s Mindtree stake: Management stance key

VG Siddhartha’s near-21% stake in IT services firm may get around Rs 100 per share less if he offloads the stake without the backing of the management, say investment bankers.

Industry News

Edelweiss expects full deployment of EISAF-II fund in 18-20 months

Edelweiss on Thursday announced the closure of its second alternatives fund EISAF-II worth $1.3 billion and indicated that the firm has already deployed 50% of the fund and expects to complete the remaining deployment in the

edelweiss, industry News

Tech Buy: Bain Capital PE acquires majority stake in Brillio

Bain Capital Private Equity has acquired a majority stake in digital technology consulting and solutions company Brilli

Industry News

Swiggy’s fundraise: A billion dollars to feed a billion people

Investors continue to back food delivery platforms given the spread of the internet should boost online ordering.

Industry News

Shell Eastern Petroleum to acquire 49% stake in Cleantech Solar

The deal is likely to conclude in January 2019. The investment will be Shell’s second major solar investment this year and will give it two seats on the Cleantech Solar board.

Industry News

Riding pillion! Ola to invest $100 million in start-up Vogo

Fund will help the scooter-sharing company to expand fleet by 100,000, allow it to grow without borrowing

Industry News

Supreme Court puts Fortis sale to IHH Healthcare on hold

IHH, which has infused Rs 4,000 cr into the firm, can’t commence its open offer scheduled for December 18

sc, supreme court, fortis News

Multiples invests about Rs 250 cr in APAC Financial Services

Homegrown private equity firm Multiples has acquired a significant non-controlling stake in former Deutsche Bank Asia-Pacific CEO Gunit Chadha-promoted APAC Financial Services.

mutiple aquity apac News

True North-backed Fedfina elevates CEO Anil Kothuri as MD, makes him board member

Chief executive officer Anil Kothuri said Fedfina had drawn up the plan for the next five years and was looking to take the portfolio size of the firm from around `1,500 crore to `15,000 crore in the next five years

True North-backed Fedfina elevates CEO Anil Kothuri as MD, makes him board member

Warburg Pincus forays into Indian microfinance space

The talks between Warburg Pincus and Fusion Microfinance had commenced as early as March this year.

Industry News

Tata Capital Healthcare Fund II looks to raise $200 million

Tata Capital has launched its second healthcare fund — Tata Capital Healthcare Fund II — and hopes to raise up to $200 million from both domestic and overseas investors.

Industry News

UPL set to acquire Bioquim Group to enhance presence in Central America

UPL Mauritius, a wholly-owned subsidiary of UPL, is set to acquire 100% shares of agro-chemicals-focussed Bioquim Group that has entities in Costa Rica, the Caribbean and Central American region, with an aim to enhance its ma

Industry News

SBICAP Ventures launches funds for small and medium enterprises, affordable housing

Alternative asset manager SBICAP Ventures (SVL), the wholly-owned subsidiary of SBI Capital Markets, on Monday announced the launch of its small and medium enterprises (SME) and affordable housing funds that would target a co

SBI Capital Markets videocon oil News

KKR looking to up its NBFC play, not in a hurry yet: CEO Nayar

Given that non-banking financial company (NBFC) valuations have taken a hit, KKR is looking at upping its play in the sector, although the private equity firm is not in a hurry yet, KKR India CEO Sanjay Nayar told reporters o

Industry News

Motilal Oswal Real Estate mops up Rs 650 crore for realty excellence fund

Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Group, has raised `650 crore for its India Realty Excellence Fund (IREF) IV, and another `350 crore will be raised by March 2019, chief exe

motilal oswal, motilal oswal news

Russian cosmonaut Mikhail Kornienko pitches for private players in space tourism

Kornienko served as a flight engineer on the International Space Station during Expedition 23/24 and was selected along with Scott Kelly for a year-long mission aboard the ISS.

Lifestyle News

Zydus buys Complan and Glucon D maker Heinz’s basket of brands

In a deal that puts them in a commanding position in the health foods and nutrition space, Zydus Wellness and Cadila Healthcare on Wednesday said they were acquiring Heinz India at a valuation of Rs 4,595 crore.

Industry News

Once markets are stable, good quality IPOs will go through: Dharmesh Mehta, Axis Capital

The correction in the markets has had multiple impacts and while it has led to stalling of many private equity-backed IPOs, it has also created many opportunities in the form of decent valuations.

Markets News
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