IL&FS sells environment biz to pare Rs 1,200 cr debt

Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to......

Maker of Modern Bread sold to Mexican baking major

Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum. Everstone......

Fine dining gets a taste of lockdown blues

Now they are reinventing their strategies to stay afloat, as they see no sign of recovery for at least six months. Illustration: Uttam Ghosh/Rediff.com India’s top restaurateurs have seen......

All you want to know about Burger King's Rs 1,000-crore IPO

The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore. Burger King India, a major player in the......