Business
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MUMBAI: Private equity funds such as SoftBank and Carlyle may reduce their offer for sale (OFS) portion anywhere between 30-40% during the initial public offering (IPO) of Delhivery, India’s largest fully integrated logistics company, according to bankers. The reduction in the OFS size is expected to be from Rs 2,460 crore earlier to around Rs…
Business
Main person cos to proceed capex
Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…
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