M&A Sees Sharp Decline in 2023

Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better. Illustration: Uttam Ghosh/Rediff.com   Merger and......

Aditya Birla Nuvo in talks with PE investors

Aditya Birla Nuvo is in talks with global private equity players Blackstone, Carlyle and KKR to sell shareholding in its proposed holding firm for its financial services business. The financial......

'Banks are actively working on several IPOs'

'The deal pipeline across products is robust for 2024.' Illustrations: Dominic Xavier/Rediff.com India witnessed robust activity in the equity capital market in 2023, and this momentum is......

Aditya Birla taps PE firms for BPO arm

The diversified Aditya Birla Group is looking to unlock value for its BPO-IT business, Aditya Birla Minacs. According to two independent sources in the know, the group is exploring the possibility......