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Varmora promoters buy back 2% stake from CarlyleVarmora Granito promoters have bought back a 2% stake from private equity investor Carlyle Group. This move signals confidence ahead of the...
PAG, Apax & others in race to buy US digital firm AccionSeveral firms are vying to acquire Accion Labs, a software product engineering company. The deal could value Accion Labs between $800 milli...
HUL's scoop: In a hot market, all scream for ice creamSeveral firms are interested in acquiring Hindustan Unilever's ice-cream business, which includes brands like Kwality Wall's and Magnum. HU...
Banking tech company Knight Fintech in talks to raise $25 million led by AccelExisting backers 3one4 Capital and Prime Venture Partners are also expected to participate in the new funding round.
Commercial EV startup Altigreen opens first retail experience centre in MysuruThis is the company’s 23rd retail dealership in India, following the launches in major metros like Mumbai, Chennai, Hyderabad and Bengaluru...
EV startup Altigreen opens first 3-wheeler showroom in Bengaluru, plans 30 more by March endKarnataka’s IT/BT Minister CN Ashwath Narayan opened the showroom, which will also handle servicing, retailing parts, and charging. The Min...
Urban Infra VC Fund seeks cancellation of MahaRERA registration of Lodha's SOBO JV projectThe Urban Infrastructure Venture Capital Fund (UIVCF), which counts Anand Jain's Jai Corp and Reliance Industries as core investors, has mo...
Urban Infra VC Fund seeks cancellation of Lodha SOBO JV project’s MahaRERA registrationThe Urban Infrastructure Opportunities Fund (UIOF), part of the UIVCF, has filed a complaint alleging gross violations of the provisions of...
Unilever's soap opera: M&A, job cuts, Nelson Peltz joining boardThe maker of Dove soap and Magnum ice cream has had a bumpy few years, with shares falling about a quarter from highs seen in late 2019 and...
Legendary singer SP Balasubrahmanyam’s last unreleased song to be auctioned as NFT on DiginoorThis will also be the first time that the buyer will be transferred 51% of the copyright, giving the NFT holder the right to make the song ...
With the FD interest rates falling, where should I invest my money now?To ensure maximum capital protection, opt for funds with maximum exposure to AAA-rated or sovereign bonds. You can consider Aditya Birla Su...
I want to invest Rs 50 lakh and earn monthly income of Rs 50,000. How should I do this?"To earn a monthly, pre-tax income of Rs 50,000 from an investment of Rs 50 lakh, you need to earn a return of 12% per annum."
KKR unit files petition to avoid ex parte orderKKR India Asset Finance filed a caveat petition earlier this month.
I want to invest Rs 2 lakh a month for 10 years via SIPs. Which MFs should I invest in?Financial experts answer your queries on everything from financial planning, taxation, investing, insurance and borrowing.
LIC Jeevan Shanti, NPS or mutual funds: Where should I invest to build a retirement corpus?NPS is a good choice since it offers exposure to equity, however, it requires a contribution at least once every year, not just one-time in...
Which equity schemes suit investors with moderate risk appetite?Given moderate risk appetite, it is advisable that you invest 50% of the lump sum in a large-cap fund and 25% each in multi-cap and balance...
Deloitte resigns as auditor after Manpasand fails to share key dataDeloitte has also informed the MCA about the reasons behind the resignation.
Aurobindo Pharma surges 5% on getting USFDA approval for LevetiracetamAurobindo's Levetiracetam in Sodium Chloride Injection is a generic equivalent of HQ Specialty Pharma Corp's Levetiracetam in Sodium Chlori...
Aurobindo Pharma to buy Portugal's Generis for 135 mn euroAurobindo Pharma has inked an agreement through its subsidiary Agile Pharma BV Netherlands to acquire Generis Farmaceutica.
Nestle’s slowdown seen leading to fewer brandsNestle needs to reignite sales that have disappointed investors for four straight quarters. One solution: Get smaller.