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Private equity firm L Catterton has acquired a majority stake in French casualwear brand A.P.C

Mittal wants to merge Airtel Payments Bank with Paytm Payments Bank through a stock deal and also buy Paytm shares from other shareholders

Meanwhile, Sun Pharmaceutical Industries has reported a consolidated net profit at ₹2,166 crore for Q3 FY23

Chinese multinational in January had sold around 3.1 per cent of 6.26 per cent equity in Paytm

A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital

The Company plans to raise funds through offer of equity shares (face value Rs10 each) through the public issue

Avendus Capital acted as financial advisor to the Mahindra Group for the transaction