Tata Communications has elected the private equity (PE) veteran as a successor to Subodh Bhargava.
He's betting big on small stores to help him reach 10 million households by FY21, report Abhineet Kumar and Raghavendra Kamath.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R&D.
Indian companies have made acquisitions of $1 billion so far in January
Real estate will prosper, small developers won't.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
Accumulated sum Rs 31,500 crore in 2015-16
The venture is applying to the Reserve Bank of India for approvals.
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Unlike last year, investors turn cautious on e-commerce sector.
The numbers in India may not be as big but the opportunity for serious growth is all there.
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy.
The e-tail venture plans to initially offer apparel, electronics and footwear products.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce