Hritam Mukherjee
Stories by Hritam Mukherjee
Indian govt proposes to sell up to 6.8% stake in state insurer GIC
The Indian government currently owns more than 85% stake in the insurer.
Indian baby products retailer FirstCry’s Q1 loss narrows as demand swells
The IPO of FirstCry was oversubscribed 12 times earlier this month.
Byju’s calls US court rejecting lenders’ bid to block BCCI settlement ‘a win’
The company recently settled a $19 million payment dispute case.
India’s Prestige Estates Projects approves $599m fundraise
The Bengaluru-based firm has been working on hiving off and listing its hospitality business.
India’s ITC gets shareholder nod to carve out hotels business
ITC Hotels will compete as an independent entity with rivals such as Tata-owned Indian Hotels Company and EIH Associated Hotels.
Indian conglomerate Vedanta approves $1b fundraise
This is the second time that the company is raising funds in the current fiscal year.
BYJU’s unable to pay staff, says investors blocked funds raised from recent rights issue
Prosus, General Atlantic, Peak XV Partners and Sofina had asked India's company law tribunal for a stay on the rights issue.
India’s Tata Group looking to hive off battery business
Tata is in early discussions to carve out Agratas Energy Storage Solutions as an independent unit.
India’s SpiceJet weighs offer for bankrupt airline Go First
SpiceJet said it would make the offer after conducting due diligence on Go First's resolution professional.
India’s UltraTech to buy Kesoram’s cement business for $645m
Ambuja Cements had bought Sanghi Industries recently.
