The new fund will back native Indian startups that cater to consumers beyond the metros, and aspirational brands that seek to capitalize on the rise in discretionary spending by Gen Z.
4 min read6 Jan 2025The Adani group is selling its entire 44% stake in Adani-Wilmar, known for Fortune edible oils and packaged staples, to focus on infrastructure. This divestment follows both management and market logic.
1 min read31 Dec 2024The acquisition, with an enterprise value of ₹400 crore, will enable Adani Group to offer a range of of aviation services spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics as well as asset management services to its Indian and global customers.
3 min read23 Dec 2024Mergers and acquisitions bankers are hopeful that Donald Trump’s return to the White House will help bring even more new deals than previously anticipated. Debt underwriters could win too.
3 min read10 Nov 2024The Trump administration’s lighter touch on antitrust will lead to a boom in mergers and acquisitions, according to the leader of deal-making firm Perella Weinberg Partners.
1 min read8 Nov 2024Investment banks, forced to take big writedowns on risky merger and acquisitions loans after a global surge in interest rates, are now jumping back into leveraged buyouts — one of the most lucrative areas in finance.
3 min read6 Oct 2024A battle for control of the world’s largest zinc smelter is dominated by fears it could one day end up in China’s hands.
6 min read29 Sep 2024Since Carlyle has not found suitable large-sized businesses, it will buy smaller businesses to be integrated later, in so-called roll-up mergers. Rival Blackstone has followed a similar model with Sona Comstar.
2 min read23 Sep 2024An activist shareholder is taking aim at Canadian software firm Dye & Durham Ltd.’s decision to pursue more mergers and acquisitions, demanding independent directors “stop the shenanigans” and call a special meeting as soon as possible.
1 min read12 Sep 2024Does Hindustan Unilever have enough leeway on strategy for its own good? HUL’s review of its market presence after Unilever’s decision to exit this ‘fridge-biz’ is shaping up as a test. Let’s see what HUL decides and the rationale it offers.
3 min read11 Sep 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared