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Over the past 3-4 years, while the global economy has struggled with sluggish growth, India has emerged as one of the bright spots with a 6.5%-plus growth rate.

Wed, Aug 15 2018. 09 27 PM IST

PE’s affinity to financial services: A short-term or a long-term phenomenon?

The significant under-penetration of financial services in India and the huge growth potential for the sector are attracting PE investors

Uday Garg, managing partner, Mandala Capital. The Mauritius-based fund invests in agribusinesses, besides food and food-related consumer products.

Wed, Aug 15 2018. 08 47 PM IST

Mandala plans $300 million fund for India, S-E Asia

The new fund will invest in businesses across India and South-East Asia, unlike the previous two funds that were focused on India

Sunningdale Tech Ltd. Chairman Koh Boon Hwee. Photo: Bloomberg

Wed, Aug 15 2018. 03 13 PM IST

Why a top Singapore executive fired himself

Koh Boon Hwee led Singapore Airlines through the SARS epidemic in 2003, and later steered DBS in the aftermath of the Lehman Brothers Holdings Inc. collapse.

According to reports, Jet Airways has approached a consortium of lenders led by SBI to raise ₹5,000 crore in order to pay off part of its foreign debt. Photo: Abhijit Bhatlekar/Mint

Wed, Aug 15 2018. 01 16 PM IST

Blackstone group in talks to pick up stake in Jet Airways’s loyalty programme

The Potential deal with Blackstone Group could value Jet Privilege between Rs 3,000 crore and Rs 4,000 crore

The Chhatrapati Shivaji Terminus at Mumbai on Tuesday. Photo: AP

Wed, Aug 15 2018. 11 23 AM IST

What financial freedom means on this Independence Day

On India’s 72nd Independence Day, from millennials to the geriatrics, Mint Money asked people how financial freedom affects their health, wealth and relationships

China aims to become a dominant global producer as it bids to curb vehicle emissions and boost energy security. Photo: Bloomberg

Tue, Aug 14 2018. 02 01 PM IST

NIO seeks to raise $1.8 billion in biggest US listing by China automaker

NIO, backed by Chinese tech heavyweight Tencent Holdings, plans to go public on the New York Stock Exchange under the symbol ‘NIO’

Tesla CEO Elon Musk. Photo: Reuters

Tue, Aug 14 2018. 11 41 AM IST

Elon Musk says tapped Goldman, Silver Lake on Tesla bid plan

Elon Musk says he has lined up legal advisers for the process make Tesla a private company

A company may go private for several reasons like if a merger is on the cards, or to avoid strict regulations and scrutiny. Photo: iStock

Tue, Aug 14 2018. 09 27 AM IST

Is your stock going the Elon Musk way: Planning to go private?

When a company goes private, the buyers—who often constitute the company’s management or private equity firms—make a bid for the company.

BSE Sensex and NSE’s Nifty 50 closed higher on Tuesday. Photo: Mint

Tue, Aug 14 2018. 09 03 AM IST

Closing bell: Sensex gains 207 points; Nifty settles at 11,435; Sun Pharma shares surge 7% after Q1 results

BSE Sensex closed 207.10 points up at 37,852, while the Nifty 50 ended 79.35 points higher at 11,435.10. Here are the highlights from the markets

The IPO is a pure offer for sale that will see existing shareholders sell 17.24 million shares, with Rohatyn Group looking to sell over 13 million shares. Photo: Mint

Mon, Aug 13 2018. 11 12 PM IST

Auto parts maker Sansera files draft prospectus for IPO valued at $200 million

Sansera had 15 manufacturing facilities, with 14 of these facilities situated in India and one in Sweden, as of 31 May

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