Meesho converts to public entity in run-up to IPO
Meesho is preparing for a potential IPO. The board has approved its transformation into a public entity. The company is also redomiciling from the US to India.
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Blackstone gets CCI nod to acquire stake in Kolte-Patil Developers
Blackstone has secured CCI approval for a ₹1,167 crore investment in Kolte-Patil Developers through preferential allotment and secondary share purchase. This deal involves Blackstone acquiring a 40% stake, potentially rising to 66% after an open offer.
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Orkla India files IPO papers with Sebi
Orkla India, owner of MTR and Eastern brands, has filed for an IPO with SEBI, offering 2.28 crore shares for sale by its promoter and shareholders. The IPO is entirely an offer for sale, with no proceeds going to the…
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FY26 earnings growth to rebound to 12-13% for Nifty 50 companies: Varun Goel
Mirae Asset Investment Managers anticipates a strong cyclical recovery in India, fueled by monetary easing and tax cuts. Key beneficiaries include banking, NBFCs, real estate, and capital goods sectors, with FY26 expected to see a revival in earnings growth. The…
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Byju’s forced to sell US assets at loss amid bankruptcy proceedings
Facing intense pressure from creditors and navigating the complexities of bankruptcy, Byju’s has opted to sell off its US assets, including Tynker and Epic, at drastically reduced prices. These assets, which were acquired for significant sums just a few years…
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India Inc’s women leaders want to be top guns, not play second fiddle
Recently, many senior women executives have left leadership positions in India. This is due to retirements, limited promotions, and better opportunities elsewhere. Companies struggle to find women for top roles, especially in profit and loss. Data shows fewer women in…
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