AntoAntony
Stories by AntoAntony
SoftBank-backed Indian online grocer Grofers weighs US listing via SPAC deal
Grofers is seeking a deal that would value the firm at about $1 billion.
Former Morgan Stanley India head Ramachandran’s SPAC to tap US diaspora
KludeIn 1 Acquisition Corp., a SPAC, raised about $173 million in an IPO in January.
TPG-backed Indian cosmetics retailer Nykaa E-Retail plans IPO at $3b valuation
Nykaa is leaning toward a domestic listing, though an overseas IPO is also under consideration.
Mukesh Ambani raised $27b selling his tech dream to investors. Now he must deliver
The tycoon has a handful of priorities, including a 5G network roll-out in 2021.
Battling bad loans fanned the wealth of India’s Uday Kotak — the world’s richest banker worth $16b
Kotak Mahindra Bank shares are up 17% this year, the most among Indian peers.
Tata Consumer said to mull bid for Coffee Day’s vending unit
Coffee Day is looking to induct strategic and financial partners into its units as part of a reconstructing exercise.
India: Blackstone, Partners Group in race to acquire Piramal Glass
Billionaire Ajay Piramal’s conglomerate is seeking a valuation of $1 billion for the unit from the sale.
India’s Reliance offers to sell $20b stake in retail unit to Amazon
Reliance is open to selling as much as a 40% stake in its arm.
Times of India publisher seeks to sell minority stake in Internet unit
The Indian conglomerate is working with an adviser to explore options for a 10 per cent stake in Times Internet.
Blackstone emerges as frontrunner for L&T Mutual Fund
This could be the first major foreign PE firm to enter India’s $350-billion asset management industry.