Nykaa up 4.6% as FPIs buy from pre-IPO investorsPre-IPO investors Narotam S Sekhsaria, Mala Gopal Gaonkar, and Lighthouse India Fund, sold Nykaa shares worth ₹256 crore, ₹69 crore, and ₹1...
Vedanta founder recalls tea breaks with Ambuja Cement boss, says they built a strong friendship discussing business ideas, roadblocksSekhsaria had not seen a cement plant in his life, yet he went on to build one of the biggest brands.
Talentedge's owner takes stake in upGrad at $2 billion value after integrationTalentedge was valued at Rs 205 crore and the near 100% share swap transaction was done at an upGrad value of $2 billion.
Nykaa gets Sebi’s nod for IPO, to file updated DRHP today with bigger primary issueThe company is likely to file an updated draft red herring prospectus with the market regulator Sebi today to increase the primary issue si...
Ambuja plans to ramp up capacity to 50 mtpa in the near termThe company’s upcoming facility in Marwar Mundwa, Rajasthan will enhance clinker capacity by 3 MTPA and help improve cement sales by 5 MTPA...
'Strength meets Confidence' - Ambuja Cement's strategy for Value Creation
We are already seeing green shoots of recovery in the economy: Narotam Sekhsaria, Ambuja Cement“Our growing presence in suburban and rural regions, along with strategically located grinding units, enables us to service these markets b...
India's cotton exports could jump 40% to seven-year high as prices rallyHigher exports by the world's biggest cotton producer in 2020/21 season, started on Oct. 1, could weigh on global prices and limit shipment...
StayAbode raises pre-series A fundsStayAbode currently has 950 beds live and is operating at 97% occupancy at 15 properties across Bengaluru and has plans to expand to other ...
Only Tata, Sekhsaria can appeal as minority shareholders in Tata Sons: NCLATNCLAT had yesterday waived the minimum shareholding rule to the ousted Tata Sons chairman, Mistry to file a case of alleged oppression of m...
Economic revival to boost cement demand, says ACCACC Ltd is expecting a modest but steady revival in the economy in 2015, leaving a positive impact on infrastructure, housing and construct...
How Alok Nanda & Company was formed just on the basis of faithNanda had approached Narotam Sekhsaria, the co-founder of Ambuja Cements. Sekhsaria was a client of Nanda’s at Trikaya Grey and the only on...
ACC to retain brand name post-Holcim-Lafarge mergerTo a query on performance, Sekhsaria said ACC result was adversely affected due to sluggish economic environment last year which hit volume...
- Ratnakar Bank courting biz majors for stake sale
Mohit Burman, the Mumbai-based Sekhsaria family and the promoters of financial services company Enam, are among a group of wealthy investor...
- Valiant gets FIPB approval to buy 9% in JM Financial ARC
Valiant Mauritius Partners, an offshore entity, is set to acquire about 9% stake in JM Financial ARC, which is jointly promoted by the JM F...
- Asset reconstruction business hots up as loan defaults rise
The downturn in the economy is attracting more players towards the market for bad loans.
- ACC eyes acquisition, invest Rs 4,000 cr
It plans to hive off ACC Nihon Castings, a wholly-owned subsidiary, to concentrate on its core bsuiness.