Versuchen GOLD - Frei

UGRO Capital plans to acquire Profectus

Mint Mumbai

|

June 18, 2025

InCred Capital acted as advisor to UGRO Capital on this acquisition and SNG & Partners was legal counsel

- Anshika Kayastha

UGRO Capital, a data-tech MSME lending platform, is set to acquire Profectus Capital Pvt. Ltd from UK-based private equity firm Actis’ companies Actis PC (Mauritius) and Actis Investment (Mauritius) in an all-cash deal amounting to ₹1,400 crore, the lender notified the exchanges late on Tuesday.

WEITERE GESCHICHTEN VON Mint Mumbai

Mint Mumbai

Putin warns Russia may start N-tests

President Vladimir Putin said Russia has no plans to violate existing agreements on nuclear testing, but signalled that he’s ready to order them if US President Donald Trump moves forward with threatened US atomic weapons trials.

time to read

1 min

November 06, 2025

Mint Mumbai

Importers dodge platinum duty

A few bullion dealers and jewellers are exploiting a loophole in an import rule to avoid duty on platinum, making a neat 4—4.5% running into tens of crores, according to a top executive from a bullion trade lobby.

time to read

2 mins

November 06, 2025

Mint Mumbai

Diageo's India arm to review investment in RCB team owner

Diageo’s India arm will begin a strategic review of its investment in a unit which owns the Indian Premier League cricket team ‘Royal Challengers Bengaluru’ (RCB), the spirits maker said on Wednesday as it focuses on its core alcohol business.

time to read

1 min

November 06, 2025

Mint Mumbai

IndiGo preps for long haul even as rupee decline drags Q2

Interglobe Aviation Ltd’s (IndiGo) September quarter (Q2FY26) revenue grew 9% year-on-year, aided by optimized capacity addition, more passengers, and a better yield (a pricing metric).

time to read

1 mins

November 06, 2025

Mint Mumbai

GST cuts fuel car loan surge, but CVs stay in the slow lane

Recent reduction in GST rates on select vehicles to 18% from 28% revived retail sentiment

time to read

3 mins

November 06, 2025

Mint Mumbai

Hiring boosts TeamLease's Q2 profit

TeamLease Services, one of India’s top staffing firms, reported a 12% rise in second-quarter profit on Wednesday, driven by strong demand in its mainstay general and specialized staffing divisions.

time to read

1 min

November 06, 2025

Mint Mumbai

Mint Mumbai

Bankruptcy regulator revises rules to ease unfreezing assets

India‘s bankruptcy regulator has stepped in to break a gridlock between insolvency and money-laundering laws that has often stalled revival of companies.

time to read

1 mins

November 06, 2025

Mint Mumbai

India's largest e-bus tender deferred a third time as cos seek extension

The government has deferred the deadline to submit tenders under the electric bus incentive scheme for the third time as companies sought an extension, citing the festive season, according to an official in the know.

time to read

2 mins

November 06, 2025

Mint Mumbai

Shipments to Nepal to be tracked digitally

The government has expanded the electronic cargo tracking system (ECTS) for Nepal-bound shipments, allowing transit cargo movement through additional Indian ports and new railroad routes.

time to read

1 min

November 06, 2025

Mint Mumbai

Mint Mumbai

Wall Street couldn't stop mayor Mamdani. Now it has to work with him.

Added the crypto evangelist and investor Anthony Pompliano: “It is insane that a socialist was just elected mayor of the financial capital of the world.”

time to read

3 mins

November 06, 2025

Listen

Translate

Share

-
+

Change font size