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ChrysCapital to acquire 90% stake in Theobroma for Rs 2,410 crore; ICICI venture exits after 7 years: Report

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July 15, 2025
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(Image credit: TheoBroma website) ChrysCapital, a domestic private equity firm, has reached an agreement to purchase Theobroma Foods, a nationwide bakery chain, for Rs 2,410 crore, according to informed sources, quoted by Economic Times. The transaction involves ChrysCapital acquiring approximately 90% ownership from the current promoters and ICICI Venture, whilst the promoters will maintain a […]

Loomis Sayles Celebrates 15 Years of Growth Equity Strategies Team Under Leadership of Aziz V. Hamzaogullari

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July 15, 2025
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Business Wire India Loomis, Sayles & Company: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250714614048/en/ 90.7 160 1 BILLION IN ASSETS UNDER MANAGEMENT COMBINED YEARS OF INVESTMENT EXPERIENCE INVESTMENT PHILOSOPHY GES Team As of 5/31/2025 GES Team As of 5/31/2025 Supported by a seven-step research framework […]

GCCs in growth spotlight: Goldman Sachs says India will hit $10 trillion GDP in 10 years; global capability centres to add $0.5 trillion

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July 14, 2025
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India’s Global Capability Centres (GCCs) could contribute as much as $0.5 trillion to the country’s gross value added (GVA) over the next decade, as India advances toward becoming a $10 trillion economy, a top Goldman Sachs executive said on Monday.Gunjan Samdani, Co-Chairman of Goldman Sachs India, said the GCC sector is expected to directly employ […]

Economy

India hits 50% non-fossil fuel power capacity, five years ahead of Paris target

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July 14, 2025
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With 242.8 GW out of 484.8 GW total capacity now coming from renewable and other clean sources, India’s transition is accelerating. | Photo Credit: /iStockphoto The Ministry of New & Renewable Energy (MNRE) said on Monday that India has achieved a landmark in its energy transition journey by reaching 50 per cent of its installed […]

Economy

Gross value addition from GCCs could rise more than 3 times in next 5 years, hopes Sitharaman

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July 14, 2025
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Finance Minister Nirmala Sitharaman with CII President Rajiv Memani during CII Global Capability Centres (GCCs) Summit, in New Delhi, on Monday | Photo Credit: PTI Gross value addition (GVA) from global capability centres (GCC) could touch up to $200 billon by 2030, Finance Minister Nirmala Sitharaman said on Monday. The FM also expects a nearly […]

Economy

Sovereign wealth funds, pension funds to get 5 more years to invest for IT exemptions

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July 12, 2025
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In order to implement budget announcement post enactment of the Finance Act, Finance Ministry has notified extension of date of making investment by 40 sovereign wealth funds (SWFs) and pension funds (PFs) for another five years to avail tax exemptions, Earlier, this exemption ended on March 31, 2025 but now the sunset date will be […]

Centre extends tax exemption to sovereign wealth funds & pension funds for 5 years, ETCFO

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July 12, 2025
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The Centre has extended the tax exemption for sovereign wealth funds (SWFs) and pension funds for another five years, allowing such entities to claim benefits on eligible investments made in India till March 31, 2030. The Department of Revenue on Saturday notified the extension, formalising the announcement made in the Union Budget earlier this year. […]

Economy

Foreign Minister Jaishankar to make first China visit in five years

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July 11, 2025
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India’s foreign minister S Jaishankar will visit China this weekend in his first trip in over five years, people familiar with the matter said, as the two Asian neighbours work to repair ties following deadly border clashes in 2020. External Affairs Minister Subrahmanyam Jaishankar will hold a bilateral meeting with his Chinese counterpart Wang Yi […]

How to earn decent returns with lower risk: Multi-asset allocation funds deliver; outperform Sensex in 3 & 5 years

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July 11, 2025
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Multi asset allocation funds have outperformed the Sensex in the past five years. Want to earn decent returns at lower risk? Go for multi asset allocation funds that invest in a mix of equity, debt and commodities. These funds invest in at least three asset classes, with a minimum allocation of at least 10% to […]

TCS Q1 revenue falls 3%, 1st drop in over 4 years

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July 10, 2025
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Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and the winding down of the BSNL deal. Its revenue for the June quarter fell 3.1% year-on-year in constant currency and 3.3% sequentially, as geopolitical uncertainties […]

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ChrysCapital to acquire 90% stake in Theobroma for Rs 2,410 crore; ICICI venture exits after 7 years: Report

Loomis Sayles Celebrates 15 Years of Growth Equity Strategies Team Under Leadership of Aziz V. Hamzaogullari

GCCs in growth spotlight: Goldman Sachs says India will hit $10 trillion GDP in 10 years; global capability centres to add $0.5 trillion

India hits 50% non-fossil fuel power capacity, five years ahead of Paris target

Gross value addition from GCCs could rise more than 3 times in next 5 years, hopes Sitharaman

Sovereign wealth funds, pension funds to get 5 more years to invest for IT exemptions

Centre extends tax exemption to sovereign wealth funds & pension funds for 5 years, ETCFO

Foreign Minister Jaishankar to make first China visit in five years

How to earn decent returns with lower risk: Multi-asset allocation funds deliver; outperform Sensex in 3 & 5 years

TCS Q1 revenue falls 3%, 1st drop in over 4 years

Trump TRAPPED? Maxwell’s Legal Twist REOPENS Epstein’s Shady 2007 Deal

Coonoor Auctions: Tea prices drops on subdued demand

‘Agent Melania Trumpenko’? Ukrainians Celebrate First Lady As Putin Showdown’s Secret Weapon

Trump TRAPPED? Maxwell’s Legal Twist REOPENS Epstein’s Shady 2007 Deal

Coonoor Auctions: Tea prices drops on subdued demand

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Gem, jewellery exports down 14% on global uncertainty

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