Deborshi Chaki
Stories by Deborshi Chaki
Tiger to invest $100m in Indian vehicle repair startup GoMechanic
The proposed investment is likely to peg the valuation of GoMechanic at about $500 million.
Citi initiates talks to sell credit card, wealth management businesses in India
Citibank India is the largest foreign bank in terms of assets under management.
PE investor JC Flowers emerges highest bidder for Sathavahana Ispat debt
The debt was tagged as non-performing in the lenders’ books more than three years ago.
Tata Group eyes stake sales in financial services units
Group seeks to unlock value, raise cash to fund new biz such as e-tail.
Future Retail can proceed with Reliance deal, but Amazon can approach regulators: Court
"Transaction does not violate any statutory legal provisions."
Indian miner Vedanta in talks with banks to raise $8b for BPCL bid
Mining conglomerate in talks with banks to tie up funds.
India: Tata group rejects Mistry family’s share swap offer
Mistry family offered to swap its 18.4 per cent stake in Tata Sons Limited for equitable stakes in various group companies.
India’s Shapoorji Pallonji Group puts Eureka Forbes on the block again
SP Group is seeking an enterprise valuation of $944m for the home hygiene products maker.
Global PE firm Bain Capital joins race to buy India’s Piramal Glass
Bain Capital's offer is higher than rival Blackstone’s binding bid of $790 million for the company.
India: Tata Group in talks to invest for a minority stake in BigBasket
Temasek and Generation Investment Management are also in talks to invest in BigBasket.