Page 6 - Dev Chatterjee

From bricks to stocks: Indian family houses take leap with new-found wealth

'Shift is driven by favourable valuations and the diminishing stigma associated with selling a family business'

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Bankers said prospective bidders of the company do not want any confusion over the brand in future and have sought clarity over the usage of the brand

Vodafone to offload 10% in Indus Towers to raise up to Rs 9,000 crore

Vodafone Group Plc currently owns 21.5 per cent stake in Indus via various group entities. It will use the proceeds to repay its own debt

Warburg Pincus, QIA in talks to derisk Shriram group arm investment

Shriram Finance Limited (SFL) decided to sell its housing finance business to focus more on its core operations and secure growth capital

Adani group to hit the road this week to raise up to Rs 33,254 crore

Adani Energy Solutions seeks to garner Rs 12,500 crore via QIP

Changing colours of succession: India Inc is learning to deal with GenNext

The key issues to be ironed out in succession are an unambiguous allocation of properties among legal heirs and the timeline for vesting of these properties

LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore

LIC trimmed its stake in group flagship Adani Enterprises from 4.26 per cent to 3.93 per cent over the past year

Raymond to add 300 stores in next 12 months, says Gautam Singhania

Rural demand to pick up with expectations of good monsoon

360 ONE Asset bets big on health care, technology, and financial services

Nath said its secondaries fund is India's first which is addressing a massive, untapped market, building on a strong relevant track record

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP

The proceeds will be used by Adani Enterprises Ltd (AEL) for its various projects, including the expansion of airports

India may get Swedish PE major EQT boost with up to $5 bn funding

Swedish PE major planning to invest the amount this financial year

GQG Partners, Qatar Investment and IHC make hefty gains on Adani bets

The Adani group shares, which had crashed after a report by the short seller Hindenburg Research in Jan 2023, recovered after the promoters sold their shares in various group cos to GQC Partners

RCap lenders can't take coercive action against IIHL, rules NCLT

IIHL seeks 90-day extension ahead of May 27 deadline

NCLT directs Kirloskars to abide by settlement agreement signed in Sept '09

The Kirloskar family is embroiled in a legal battle over group assets, with Sanjay Kirloskar, chairman of Kirloskar Brothers (KBL), on one side and his brothers, Atul and Rahul, on the other

After collapse of merger talks, Zee seeks $90 mn termination fees from Sony

Zee said it has, on account of Culver Max's and BEPL's breaches under the merger cooperation agreement, terminated the agreement by issuing a letter dated May 23

Noel Tata's three children to be on five Tata Trusts' board seats

The move is being seen as part of the Trusts' succession plan

Promoters reluctant to sell Haldiram Snacks despite offers by PEs

Not enthused by reported valuation of Rs 69,138 crore

Adani Ports & SEZ shares stable a day after Norway's Norges Bank exit

Norges had cited Adani's investment in a port in Myanmar for its decision

Hindujas' Reliance Capital buy faces further delay; matter pending in SC

Matter pending in Supreme Court; group firms to pay Rs 9,661 crore to lenders only after all the clearances

Cipla promoters sell 2.53% stake worth Rs 2,637 cr to fund philanthropy

ICICI Prudential MF, Aditya Birla Sun Life MF among top buyers