Encube Ethicals stake sale on hold, IPO likely by 2027Global private equity firms including Warburg Pincus, EQT, and Partners Group had shown interest in acquiring the business at $1.5-1.6 bill...
Anchor Group feud nears resolution as Mehul Shah emerges top bidder for GreatWhiteA family dispute over control of GreatWhite Global is nearing resolution as Mehul Shah emerges as the successful bidder to acquire his brot...
EOW seeks closure of complaint against Hemang Shah in intra-family financial disputeMumbai police's Economic Offences Wing has filed a closure report in a case against Hemang Shah. The complaint was lodged by his elder brot...
GreatWhite Feud: Shah brothers head for bidding tableThe legal dispute between Mehul and Hemang Jadavji Shah for control of GreatWhite Global is nearing resolution. Both brothers have agreed t...
Supreme Court nudges feuding Anchor Group brothers towards mediation, appoints mediatorThe Supreme Court has intervened in the family feud between Anchor Group promoters Mehul and Hemang Shah, directing them to mediation to re...
CA travels for 22 days, 3,000 miles, eight cities, wife+two kids with just one credit card bill; Shares the tricks he usedMehul Shah, a Chartered Accountant, travelled across eight US cities and Hong Kong with his family. He managed the entire trip on a single ...
Anchor Group’s Hemang Shah released by Bombay HC in case stemming from family disputeThe Bombay High Court declared the arrest of Anchor Group director Hemang Jadavji Shah by the Economic Offences Wing as illegal, citing a v...
First-ever India logistics MBO: LOGOS team acquires $1 billion assets in two countriesA consortium led by Trent Iliffe has acquired LOGOS Vietnam and India business for $100 million. This deal includes assets under management...
Here’s how this Gujarati chartered accountant bagged free stay for his kids & cut transport expenses in DubaiShah disclosed his accommodation at a hotel charging Rs 12,000 per day. The entrepreneur emphasized his preference for hotels where additio...
28 years on, a Mumbai woman still fights for property papers; NHRC intervention raises hopeSadhana Shah, 64, originally from Gujarat, currently living in Santacruz, owns a bungalow in Lonavala hill-station bought by her late husba...
Day Trading Guide: Axis Bank among 4 stocks that analysts recommend for Tuesday“With regards to the Nifty Bank index, 34,500 could be the breakout level and above the same, we might see some relief for the banking stoc...
Budget: Warehousing & logistics to see more investmentsThe government has announced 25,000 km of new highways, the Gati Shakti Masterplan for expressways, 100 new cargo terminals with multi-moda...
Encube Ethicals gets funding from Quadria Capital, others at $800 million valuationEncube Ethicals’ funding round, that saw participation of Quadria Capital and Gulf Islamic Investments, provides an exit to early backer Re...
PNB scam: ED likely to name wife of Mehul Choksi in supplementary chargesheetAccording to ANI, Priti Choksi is the beneficial owner of company named Hilingdon Holdings. ED has found in its investigation that the comp...
Multiples PE looks to exit Encube Ethicals at a valuation of $800 millionEncube Ethicals' promoter Mehul Shah will also sell about 5-10% stake in the company. A clutch of private equity funds, including Carlyle, ...
BDB lifts ban on synthetic diamondsBDB members at the bourse’s annual general meeting held Monday voted to lift the ban imposed four years ago at an AGM.
Temporary staffing fast emerging as a key hiring strategy in India: OfficialTemporary staffing is fast emerging as a key hiring strategy for Indian companies and the segment is poised for strong growth over the next...