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Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore

Devyani International, the Quick Service Restaurant (QSR) operator, is the franchisee for Yum Brands, which operates KFC, Pizza Hut and Taco Bell in IndiaNew Delhi: Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for...

Sequoia Capital exits Go Fashion; sells entire stake for Rs 625 cr

US-based Sequoia Capital through its affiliate Sequoia Capital India Investments IV offloaded the shares in Go Fashion (India)New Delhi: Venture capital company Sequoia Capital on Monday divested its entire 10.18 per cent stake in Go Fashion for Rs 625...

PE fund Dunearn sells 2.8% in KFC, Pizza Hut franchisee operator Devyani for Rs 499 cr

Dunearn Investments Mauritius Pte a private limited company owned by Temasek Holdings Limited divested 2.8 percent of its stake for 499 croreNew Delhi, Mar 21 (PTI) Dunearn Investments Mauritius Pte on Tuesday divested a 2.8 per cent stake in restaurant operator...

Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr

Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the companyNew Delhi: Internet Fund III Pte, a fund managed by Tiger Global Management, on Wednesday divested a 1.7...

Nomura India Investment Fund buys Phoenix Mills shares worth Rs 326 cr

The shares were purchased at an average price of Rs 1,310 apiece on both the exchanges, taking the aggregate value to Rs 326.09 croreNew Delhi:  Nomura India Investment Fund on Tuesday acquired shares of Phoenix Mills, a retail led...

CA Swift Investments sells 2.5% stake in Delhivery for Rs 607 crore

According to the data available with the National Stock Exchange (NSE), CA Swift Investments offloaded 1,84,04,607 Delhivery sharesNew Delhi: CA Swift Investments on Monday divested a 2.5 per cent stake in supply chain company Delhivery Ltd for Rs 607 crore through the...

Canada’s pension fund CPPIB buys shares of Nykaa worth Rs 299 crore

CPPIB purchased a total of 1,70,81,850 Nykaa shares at an average price of Rs 175.25 apiece, taking the aggregate value to Rs 299.35 croreNew Delhi: The Canada Pension Plan Investment Board (CPPIB) on Thursday bought over 1.70 crore shares of Nykaa’s parent...

Lighthouse India Fund offloads Nykaa shares worth Rs 525 cr

The Nykaa shares were sold at an average price of Rs 175.13 apieceNew Delhi: Lighthouse India Fund III on Wednesday offloaded shares of Nykaa (FSN E-Commerce Ventures) worth Rs 525 crore through open market transactions.According to the bulk deal data available with...

Gujarat’s Osia Hypermart’s 50:50 food to non-food selling proposition emerges as a unique model for organized retail in India

From a single store in 2014 to a trailblazing expansion across Gujarat with 15 stores that today occupy 3,65,000 sq.ft. of trading area, the 5-year retail journey of Dhirendra Chopra, Managing Director, Osia Hyper Retail Ltd., is one for...

Heineken boosts UBL stake with Diageo share acquisition

Dutch beer giant Heineken NV has boosted its stake in United Breweries Ltd (UBL), with the acquisition of Diageo-controlled United Spirits Ltd's 3.2 per cent share in UBL for USD138 million (Rs 872 crore). With this buyout, Heineken's stake...
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50% of our new clients are now through recommendations: Nikhil Aggarwal, founder, CRA Realtors

Nikhil Aggarwal talks about his journey, achievements and upcoming projects  New Delhi: Nikhil Aggarwal has been an advisor to 400...
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