After TPG Capital, Lighthouse India sells stake in Nykaa; stock falls 4%
Private equity firm Lighthouse India sold shares worth ₹320 crore of Nykaa via block deal at a price band of ₹180-₹183.50 per share.
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TPG Capital sells Nykaa shares worth ₹1,000 cr; stock jumps 6%
Several foreign funds including Segantiii India Mauritius, Lighthouse India Fund, and Citigroup have sold their stake in Nykaa after the pre-IPO lock-in period expired on November 10.
Ranjan Pai: Building a healthcare empire
With Manipal Hospitals wrapping up a deal to buy Columbia Asia Hospitals, Ranjan Pai has chalked off a major item on his bucket list: building a pan-India hospital chain. But he is far from done.
Ranjan Pai set to acquire Columbia Asia Hospitals
The big deal between Manipal Hospitals’ owner and Columbia Asia Hospitals is subject to regulatory approvals. Here’s a replug of our story on the same in February.
Eros-STX merger: Bollywood meets Hollywood
In a cluttered media and entertainment landscape, an Indian company and an American one have joined hands to create content for the world.
Nykaa raises ₹100 crore from Steadview Capital
Last year in April, the beauty retailer had raised ₹100 crore in a Series E funding round led by TPG Growth.
Jet Airways: One man’s pain is another’s gain
The last two trading days saw Jet Airways’ stock plummet, while that of its competitors—SpiceJet and IndiGo—touched a 52-week high on Thursday.
Video: Inside the issue, June 2018
The war for Fortis, Havells’ big switch to consumer durables, Emami’s new act, and more from the June, 2018 issue.
Five Star Business Finance raises $100 million
An NBFC, Five Star lends to small businesses and self-employed individuals.
Malaysia’s IHH Healthcare wins Fortis
IHH Healthcare beat TPG-backed Manipal Hospital Enterprises with its offer of an investment of Rs 4,000 crore at a price of Rs 170 per equity share.
