Shoppers Stop: Amazon bets on fashion retail

Amazon to buy 5% stake in Shoppers Stop for ₹179 crore, or ₹408 per share. This values Shoppers Stop at roughly ₹3600 crore. Shoppers Stop is one of India's leading and most respected fashion retailers, promoted by the K Raheja Corp Group, and established in 1991. Shoppers Stop: Shoppers Stop is India's foremost fashion retailer …

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Shakti Pumps: Kenneth Andrade bought another rural franchise

On Jul 31, 2017 Old Bridge Capital bought 1.48 lakh shares of Shakti Pumps for ₹7 crore, or ₹476 per share. Shakti Pumps (India) is a leading manufacturer of stainless steel submersible pumps and motors. It offers products including solar pumps, pressure booster pumps, sewage pumps, suction pumps, and oepnwell pumps. More to follow...

Honda Siel: Kenneth Andrade bought this rural franchise

On Jul 25, 2017 Old Bridge Capital bought 64,503 shares of Honda Siel for ₹8.7 crore, or ₹1348 per share. On Jul 20, 2017 Reliance Capital bought 89,800 shares of Honda Siel for ₹12 crore, or ₹1350 per share. As of Jul 2017, Reliance Capital holds 4,98,270 shares of Honda Siel. It is worth ₹67 …

ALT Balaji: Indian version of Netflix

On Jul 21, 2017 Mukesh Ambani bought 25% stake in Balaji Telefilms for ₹413 crore, or ₹164 per share. ALTBalaji, a subsidiary of Balaji Telefilms, is a subscription based video on-demand service with 32 original shows in Hindi, Bengali, Tamil and Gujarati. ALTBalaji has 4 million downloads currently with 6 shows and looking at 40 …

CARE Ratings Fits Buffett’s Investing Style

On Jun 29, 2017 CRISIL bought 26.22 lakh shares of CARE Ratings for ₹436 crore, or ₹1660 per share. Fitch is also looking to buy stake in CARE Ratings. CARE was founded in 1993 by leading banks and financial institutions in India. CARE Ratings is the second largest credit rating agency in India with a …