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BPEA EQT to Acquire 60% Stake in India’s Leading Fertility Clinic, Indira IVF-thumnail

BPEA EQT to Acquire 60% Stake in India’s Leading Fertility Clinic, Indira IVF

BPEA EQT, a known equity fund, with a focus on Asia, has recently agreed to purchase a significant 60% share in Indira IVF. Indira IVF is India’s leading provider of fertility services. Is considered a leader in IVF cycles. This acquisition values the company at $1.1 billion representing an investment, in the expanding Indian IVF industry.

News

Jul 28, 2023

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target-thumnail

Nirma to raise Rs 7,000 Crore for Acquisitions; Glenmark Life Sciences is Shortlisted Target

Nirma, a manufacturer of soap and detergent products is looking to secure funding of, up to Rs 7,000 crore. This capital infusion will be utilized for expanding its manufacturing facilities and exploring acquisition opportunities. Glenmark Life Sciences has been identified as one of the companies being considered for bids. The objective, behind this move, is to broaden Nirma’s business portfolio by venturing into the healthcare sector. This decision is supported by Nirma’s performance and strong cash flow generation.

Business

Jul 28, 2023

“Luxury Giant Kering to Acquire 30% Stake in Valentino Amidst Gucci’s Struggles”-thumnail

“Luxury Giant Kering to Acquire 30% Stake in Valentino Amidst Gucci’s Struggles”

Luxury giant Kering is making a move by acquiring a 30 percent stake, in Valentino, the renowned Italian luxury fashion brand.

News

Jul 28, 2023

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028-thumnail

The U.S. chipmaker AMD plans to make $400 million in investments in India by 2028

The American chipmaker Advanced Micro Devices announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.

Investment & Funding

Jul 28, 2023

Preferred capital issuance by US banks makes a tentative comeback-thumnail

Preferred capital issuance by US banks makes a tentative comeback

Just as interest rates on an estimated $120 billion in such instruments are ready to reset to much higher levels, investor interest in a type of debt issued largely by banks to increase their capital is beginning to show early signs of recovery.

Finance

Jul 28, 2023

Shell Reports Profits Plunge by 56% Amidst Market Challenges-thumnail

Shell Reports Profits Plunge by 56% Amidst Market Challenges

Energy giant Shell (SHEL.L) announced on Thursday a significant 56% decrease in its second-quarter profit, bringing the figure down to $5 billion. This decline was primarily attributed to the drop

Economy

Jul 27, 2023

US fed lifts rate to a 16-year high at 5.25-5.5% range-thumnail

US fed lifts rate to a 16-year high at 5.25-5.5% range

The Federal Reserve raised its benchmark interest rate by a quarter-point, marking the highest rate in 16 years, due to elevated inflation. The policy statement suggests the possibility of further

Finance

Jul 27, 2023

M&M planning to acquire upto 9.9% stake in RBL bank after its 3.53% stake purchase-thumnail

M&M planning to acquire upto 9.9% stake in RBL bank after its 3.53% stake purchase

M&M, the conglomerate, with expertise in technology and tractors has recently invested Rs 417 crore ($50 million) to acquire a 3.53% stake in RBL Bank. This move indicates their interest

Finance

Jul 27, 2023

Together fund announces its first close of SaaS and AI-focused Fund II at $150 mn-thumnail

Together fund announces its first close of SaaS and AI-focused Fund II at $150 mn

Together Fund, a Bengaluru-based venture capital firm, successfully raised $150 million for its early-stage fund, Together Fund II, with a focus on supporting SaaS and AI startups. The fund aims

CXO Insight

Jul 27, 2023

Shark Tank India fame Kerala banana chips brand Beyond Snack secures $3.5 Mn in funding-thumnail

Shark Tank India fame Kerala banana chips brand Beyond Snack secures $3.5 Mn in funding

Beyond Snack, a known brand of banana chips, from Kerala, has successfully raised $3.5 million in funding with NABVENTURES Fund taking the lead. Established in 2020 the brand intends to

News

Jul 27, 2023

To Be Split Up, Amazon? There Are Reports That Lina Khan Of The Ftc Will Bring A Historic Antitrust Case-thumnail

To Be Split Up, Amazon? There Are Reports That Lina Khan Of The Ftc Will Bring A Historic Antitrust Case

A court order to restructure Amazon’s enormous $1.3 trillion empire may be issued as a result of the lawsuit’s broad implications. A significant antitrust case against Amazon is apparently being

E-Commerce

Jul 27, 2023

After a $7 billion chip loss in H1, Samsung will extend production cuts-thumnail

After a $7 billion chip loss in H1, Samsung will extend production cuts

On Thursday, Samsung Electronics announced plans to extend output cuts due to a cautious prognosis for the global semiconductor market and the fact that the demand recovery is mostly limited

Industry

Jul 27, 2023


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