Exclusive

Publication

Byline

Paytm founder Sharma to sell stake worth up to Rs.4,895 crore in block deal

New Delhi, Aug. 17 -- Resilient Asset Management B.V., an entity wholly owned by Paytm founder and chief executive Vijay Shekhar Sharma, plans to sell shares worth up to Rs.4,895 crore ($513 million) ... Read More


Buyout funds look beyond India IPOs as vintage assets mature

New Delhi, Aug. 13 -- Private equity firms in India with mature, older-vintage assets are broadening their search for exit routes beyond the stock market, as a soft initial public offering (IPO) run p... Read More


Infra.Market eyes backdoor market entry via Shalimar Paints share swap deal

New Delhi, Aug. 13 -- Hella Infra Market Ltd, which operates the Infra.Market building materials platform and is a promoter entity of listed Shalimar Paints Ltd, is exploring a way to take its busines... Read More


After Mahanadi, Coal India's SECL preps Rs.10k-cr IPO

mumbai, Aug. 13 -- South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India Ltd, has initiated the process of appointing investment banks for an initial public offering, according to a document... Read More


Aditya Birla Group's Pilani Investment to sell UltraTech stake worth Rs.1,909 crore

New Delhi, Aug. 12 -- Aditya Birla Group's Pilani Investment and Industries Corp. is seeking to raise as much as Rs.1,909 crore ($200 million) by selling a 0.57% stake in UltraTech Cement Ltd through ... Read More


After Mahanadi, Coal India's SECL invites banker pitches for proposed Rs.10,000 crore IPO

New Delhi, Aug. 12 -- South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India Ltd, has initiated the process of appointing investment banks for an initial public offering, according to a docum... Read More


I Squared-backed Lightstorm raises Rs.2,500 crore debt from IndusInd Bank

Mumbai, Aug. 11 -- Lightstorm Telecom Connectivity Pvt. Ltd, a network infrastructure company backed by private equity firm I Squared Capital, secured a Rs.2,500 crore (~$260 million) long-term debt f... Read More


Elevation plans twin stake sales in Paytm, Meesho after June-quarter earnings

Mumbai, Aug. 3 -- Elevation Capital is set to offload shares worth up to Rs.2,002 crore (about $210 million) in Paytm parent One 97 Communications Ltd through a block deal on Tuesday, according to the... Read More


India Inc weighs carbon credits as net-zero goals demand faster action

New Delhi, Aug. 2 -- India Inc. is preparing for a fundamental shift in how it cuts emissions. As the country's compliance carbon market moves towards launch later this year, companies that have large... Read More


Bain-backed Dhoot Transmission eyes Rs.2,250 crore IPO in early August

New Delhi, July 30 -- Dhoot Transmission Ltd, the Bain Capital-backed automotive component maker, is preparing to launch a nearly Rs.2,250 crore initial public offering (IPO) as early as the first wee... Read More