Indian Market

Reliance and Disney Form Joint Venture for Indian Entertainment Market

Reliance and Disney Form Joint Venture for Indian Entertainment Market

/ Indian Market

Reliance Industries Ltd (RIL), Viacom18, and Disney have officially formed a joint venture (JV) for their entertainment businesses in India. The new entity merges the media and JioCinema segments of Viacom18 with Star India, creating a major player in Indian entertainment. The merger, effective as of November 14, received approvals from the NCLT Mumbai, the […]

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Agro Tech Foods to Acquire Del Monte Foods in Rs 1,300 Crore Deal

Agro Tech Foods to Acquire Del Monte Foods in Rs 1,300 Crore Deal

/ Indian Market

Agro Tech Foods, supported by private equity firm Samara Capital, is set to acquire Del Monte Foods Pvt Ltd—a joint venture between Bharti Enterprises and Del Monte Pacific—in a transaction valuing the company at over Rs 1,300 crore. This acquisition will be structured as a preferential share allotment, enabling Agro Tech to issue 1.33 crore

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Varun Beverages Stock Rises 5% Following Rs 7,500 Crore Fundraising Plan

Varun Beverages Stock Rises 5% Following Rs 7,500 Crore Fundraising Plan (QIP)

/ Indian Market

Shares of Varun Beverages surged 5% on November 14 after news of its plan to raise up to Rs 7,500 crore through a Qualified Institutional Placement (QIP). The company received board approval for this fundraising back in October, and the base deal size is set at Rs 5,500 crore, with an option to increase by

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Kalpataru Projects Shares Decline 4% Despite Securing Rs 2,273 Crore in New Projects

Kalpataru Projects Shares Decline 4% Despite Securing Rs 2,273 Crore in New Projects

/ Indian Market

Shares of Kalpataru Projects International fell nearly 4% on November 13, even after the company announced securing new projects worth Rs 2,273 crore. These new contracts span the transmission and distribution (T&D) sector and residential building projects in India, bringing the company’s total order inflow this year to Rs 14,100 crore. Recent Project Wins and

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NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

/ Indian Market

NTPC Green Energy Ltd., a clean energy subsidiary of NTPC, is reportedly targeting a valuation around $12 billion for its upcoming IPO, which could become one of India’s largest renewable energy offerings. Discussions with advisers suggest NTPC Green may price the IPO above Rs 100 per share, with a potential fundraising goal of up to

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NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

/ Indian Market

The grey market premium (GMP) for NTPC Green Energy’s IPO has dipped as anticipation builds around the company filing its red herring prospectus (RHP). The recent GMP decline is attributed to broader market pressures, including continued foreign institutional investor (FII) outflows, subdued quarterly results, and weak trends across Asian markets, all of which have affected

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