PE firms hand over growth reins to consumer veteransPrivate equity firms in India are increasingly hiring top industry veterans as operating partners and advisors to enhance value creation in...
13 Feb, 2025, 12.02 AM IST
Azure Power: Who are the key people now in the company central to $250 mn 'bribery' case against AdaniIndian billionaire Gautam Adani and associates have been indicted by US prosecutors for an alleged $265 million bribery scheme. They are ac...
26 Nov, 2024, 12.45 PM IST
Samara Capital eyeing 50% in Del Monte Foods as well as a minority stake in Godrej Tyson FoodsThe proposed deals reflect increasing investor interest in the ready-to-eat packaged foods categories, as convenience and accessibility dri...
22 Mar, 2024, 05.30 AM IST
Conagra's agro tech stake sale at discount raises eyebrowsOn Thursday, Conagra announced the sale of a 51.8% stake in Agro Tech at ₹515 per share, despite the market price being above ₹1,000 apiece...
02 Mar, 2024, 08.53 AM IST
Convergent, Samara Capital to acquire 51.8% in Agro Tech Foods“As India’s rapidly-growing consumer class expands and discretionary income levels continue to rise, we will expand ATFL’s distribution rea...
29 Feb, 2024, 04.50 PM IST
Chakri Lokapriya on where he is taking chips off the table and where he is adding nowChakri Lokapriya remains positive on manufacturing and maintains positions in PSUs like Union Bank, Bank of India, and SBI. He discusses th...
29 Feb, 2024, 11.01 AM IST
Nexus Venture Partners invests Rs 100 crore in Agilitas SportsThe Agilitas investment from Nexus underscores the growing trend of venture funds looking to back companies in the manufacturing and retail...
13 Dec, 2023, 02.08 PM IST
ETtech Deals Digest: Indian startups raised $617 million this weekBetween May 13 and 19, 2023, funding activity saw a 2.6% decline from the same period last year, when startups had mopped up $634 million a...
22 May, 2023, 03.03 PM IST
Puma India head Abhishek Ganguly’s new startup raises $52 million fundingGanguly, who is leaving the German sports and apparel maker in August, told ET that Agilitas Sports will look to partner and invest across ...
15 May, 2023, 07.53 PM IST
ADF Foods jumps to all-time high after PE firm Convergent picks stakeOn Friday, Authum Investment & Infrastructure and Dangi Alpana Sanjay sold 2,00,000 shares each of ADF Foods to Infinity Holdings at Rs 501...
07 Dec, 2020, 10.21 AM IST
Convergent Finance invests $14 mn in Jyoti FoodsJyoti serves a wide range of customers within the food services, quick-service restaurants (QSRs), cloud kitchens and cinemas. Set up in 20...
23 Jun, 2020, 05.05 PM IST
- Carlyle MD Devinjit Singh steps down, set to launch $250 million fund
Indian PE industry has seen the exits of several executives in senior levels of managing directors or partners at global funds who are purs...
19 Jun, 2018, 04.01 PM IST
Prem Watsa's India lieutenant Harsha Raghavan to hit with new PE fund ConvergentBesides Harsha, who is the managing partner, two of his colleagues at Faifax - Sarvjit Bedi and Amruta Adukia have joined with Convergent a...
19 Jun, 2018, 03.59 PM IST
Not all accounting firms can adopt IFRS from 2015-16 as Budget proposes: ExpertsExperts point out that intervening period may be insufficient for firms to converge with global norms.
12 Jul, 2014, 02.47 AM IST
Budget 2014: New Indian Accounting Standards by 2016-17 a welcome step, says DeloitteIt is unclear whether new standards will be applied to stand-alone company accounts or to consolidated accounts.
10 Jul, 2014, 06.31 PM IST
Budget 2014 proposes convergence of Indian accounting standards with IFRSIn his Budget speech FM said that the converged accounting standards will become mandatory from FY 2016-17.
10 Jul, 2014, 05.36 PM IST
'Govt doesn't want to be a spy in the boardroom'The new minister for corporate affairs spoke about the laws and regulations governing various vehicles of businesses and the proposed chang...
02 Jul, 2009, 02.25 AM IST