News Roundup: Avantha Group in talks with PE firms to raise $250M

Hindalco Industries Limited (Hindalco) is a aluminium and copper company. The company is a part of Aditya Birla Group. It operates in two business segments, namely, Aluminium and Copper. The aluminium operation also includes mining of bauxite to ...

Private equity (PE) investors in India who are waiting to exit their five-six years old investments, are back into the initial public offering (IPO) market to try their luck. In the latest example, PE investors in Justdial Ltd - SAIF Partners, ...

Aditya Birla Nuvo has decided to exit its business process outsourcing business as it lacks scale. Aditya Birla Nuvo, a AV Birla group company, is in the midst of a business restructuring exercise byshedding low margins businesses and investing INR ...

CEO exits Aditya Birla Sun Life AM, UBS Wealth Management promotes four, Société Générale hires in cross-commodity research, Ropes & Gray adds in HK and DTCC names Asia head. Tweet Tip Us Email Print UBS has promoted Betty Tsui among three ...

Industry : Banking/Financial Services Category : Private Equity Private sector lender Ratnakar Bank has completed its second round of capital infusion of R324 Cr by issuing 3 Cr new shares to domestic and global investors. Vishwavir Ahuja, MD and ...

Investors like IFC, Aditya Birla PE, Emerging India Fund, IDFC Spice Fund and Ascent Capital have picked up around 12% stake. Ratnakar Bank has raised Rs 324 crore ($60 million) in another round of funding from half a dozen private equity investors ...

Mergers & acquisitions (M&A) and private equity activity are seen rising in the growing agri- and food sectors, as the domestic consumption story, which still remains strong despite the overall slowdown, is expected to attract investors both ...

ONGC has firmed up plans to rope in strategic private sector investors in three coal-bed-methane assets in West Bengal and Jharkhand. After a series of abortive attempts, ONGC has firmed up plans to rope in strategic private sectorinvestors in three ...

Private developers, who have got projects through joint venture routes, are enriching themselves at the cost of the people. Indeed, who owns the lucrative hydropower projects in Sikkim? Soumik Dutta Gangtok(Sikkim) A lot of money is being pumped ...