Stake sales by promoters, private equity investors 2.2 times of 2022

Stake sales by promoters and private equity/venture capital (PE/VC) investors this year are already exceeding twice those of last year. Illustration: Uttam Ghosh/Rediff.com So far this calendar......

All Eyes On M&M-RBL Bank Saga

Why did the company zero in on RBL Bank to understand the business of banking? While M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R......

PE/VC investments plunge 75% to just $3.3 bn in Oct

Deepening the funding crisis that startups have been witnessing for some time, the October inflows plunged 75 per cent on-year to $3.3 billion across 75 deals, including six large deals worth $2.2......

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

The Healthcare Services vertical has over 20,000 employees across four geographies – India, the Philippines, the US and Jamaica – and recorded revenues of approximately $400 million in......

Zee Sports to telecast Lanka Tests

In a dramatic twist to the telecast rights issue, Zee Sports was on Thursday awarded the Cable and Satellite rights for the Test series between India and Sri Lanka, barely hours before the first......