Corporate Action

Bain Capital to acquire controlling stake in Ice Cream Maker Vadilal: CNBC-TV18

Bain Capital to acquire controlling stake in Ice Cream Maker Vadilal: CNBC-TV18

Boston-headquartered private equity firm Bain Capital is in final steps for a deal to acquire controlling stake in ice cream brand Vadilal. The news has been first reported by CNBC-TV18.

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First has received approval from creditors for additional funding required by the grounded airline to restart operations.

GoFirst Asks for Rs 600 crore interim funding to restart operations

GoFirst Asks for Rs 600 crore interim funding to restart operations

Troubled low-cost aviation company GoFirst has asked for Rs 600 crore interim funding to resume operations.

Hinduja Group could get RBI nod to increase stake in IndusInd Bank; Stock Nears 52-week high

Hinduja Group could get RBI nod to increase stake in IndusInd Bank; Stock Nears 52-week high

Hinduja Group could raise its stake in IndusInd Bank and RBI could approve the move, as per media reports.

LensKart receives $100 million investment from ChrysCapital

LensKart receives $100 million investment from ChrysCapital

Eyewear company LensKart has received $100 million investment from private equity firm ChrysCapital for its expansion plans outside India. LensKart currently operates over 2,000 stores.

Stellantis to invest $2.8 billion to retool Windsor and Brampton assembly plants in Canada

Stellantis to invest $2.8 billion to retool Windsor and Brampton assembly plants in Canada

Multinational automotive corporation Stellantis NV has pledged to invest a significant amount of $2.8 billion (CAD$3.6 billion) in Canada as part of its electrification drive.

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