Nykaa Shares Fall as One-Year Lockup Period of Pre-IPO Investors Ends
On Wednesday, shares of FSN E-Commerce Ventures, owning beauty retailer Nykaa, slumped more than 8% just after the one-year lock-up period on pre-Initial Public Offering...
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Vodafone Sells Slice of Vantage Towers to KKR, Other Investors
Vodafone said it is likley to sell a portion of its majority stake in Vantage, the wireless towers unit, to private equity firms KKR and...
Asian Shares Rise as Investors Await US Midterm Election Results
Asian shares rose on Wednesday, and the dollar fluctuated as investors awaited US inflation data and the outcome of the US midterm elections, which could...
KKR to Invest $400 Million in Serentica Renewable
Global investment firm KKR has signed an agreement to invest $400 million in the decarbonisation platform Serentica Renewable. A statement on Tuesday said the two...
Travel App Hopper Receives $96 Mn Investment from Capital One
On Monday, Hopper reported receiving a USD 96 million follow-on investment from Capital One Financial Corp (NYSE:COF). The company added that funds would be used...
Voltas Invests Rs 1,000 Crore amid Capacity Expansion
Voltas will participate in over Rs 1,000 crore to increase manufacturing capacity with a brand-new plant close to Chennai. Still, managing Director Pradeep Bakshi said...
Kotak Mahindra Bank Plans to Hire 20 Investment Bankers to Bet on M&A Recovery
The investment banking unit of Kotak Mahindra Bank is planning to expand its business by hiring about 20 bankers, betting that deal activity will rebound...
Tube Investments of India Ltd Spurt 0.11%
On National Stock Exchange (NSE), Tube Investments of India Ltd is quoting at Rs 2869.85, up 0.11 per cent. The stock is up 68.93 per...
GIC, ESR to Set Up $600 Million Fund to Invest in Industrial, Logistics Assets in India
Singapore’s sovereign wealth fund GIC has formed a joint venture with ESR Group Ltd to set up a $600 million fund to acquire logistics and...
JSW Group Plans to Invest Rs 1 Lakh Crore in Karnataka
JSW Group chairman Sajjan Jindal said on Wednesday that the group plans to invest Rs 1 lakh crore in Karnataka over the next five years....