• Anmol Industries, a fast-moving consumer goods company, is planning to raise $150-200 million by selling a 20-25% minority stake. This funding will be used to strengthen its market presence and expand geographically.
• JSW Steel is in advanced discussions to sell a 50% stake in its subsidiary Bhushan Power and Steel to Japan's JFE Steel Corporation for approximately $1.7 billion to $1.8 billion. This transaction aims to reduce JSW Steel's debt and finance expansion.
• The potential deal between JSW Steel and JFE Steel Corporation would establish their second joint venture, following the existing JSW JFE Electrical Steel. The agreement is expected to be finalized this quarter.
• Agritech startup BharatAgri has ceased operations due to its inability to secure additional funding and persistent losses. The company, which provided AI-driven farm advice and agri-input e-commerce, struggled to become profitable despite significant user registration.

Nitesh Kumar

FMCG player Anmol Industries is planning to raise fresh capital. Meanwhile, JSW Steel is in advanced discussions with .........

Grapevine: Anmol Industries, JSW Steel, BharatAgri in news

Others

General

FMCG player Anmol Industries is planning to raise fresh capital. Meanwhile, JSW Steel is in advanced discussions with Japan&rsquo;s JFE &nbsp;Steel...

Anmol Industries

JSW Steel

BharatAgri

JFE Steel Corporation

VC_Desk_Story_Masthead

VC_Desk_Story_A_300x250

VC_Desk_Story_B_300x250

VC_Desk_Story_C_300x250

VC_Desk_Story_D_300x250

VC_Desk_Story_E_300x250

VC_Desk_Story_A_Skyscraper

VC_Desk_Story_B_Skyscraper

VC_Desk_Story_Inline_A_300x250

VC_Desk_Story_Inline_B_300x250

VC_Desk_Story_Inline_C_300x250

VC_Desk_Story_Inline_D_300x250

VC_Desk_Story_Inline_E_300x250

VC_Desk_Story_Footer

After fully blocking Meta's WhatsApp in Russia, the Putin administration has moved to push a state-backed '......

new-app

Amid mounting fears of layoffs and AI-led disruption in the technology sector, many Bengaluru homebuyers, largely IT ......

bengaluru-home-loans

Shares of Indian software exporters slid more than 4% on Thursday, extending losses for the week, as persistent fears of......

nifty

The recent arrest of the owner of a commercial complex in Gurugram for allegedly selling the same property to as ......

investors-property

Smartworks, a managed office platform, has leased 1.82 lakh sq ft of managed office space in Mumbai’s Andheri (East), ......

smartworks-property

India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending ......

inflation

The Reserve Bank of India sold dollars heavily before the local market opened on Thursday to lift the rupee, six ......

Grapevine: Anmol Industries, JSW Steel, BharatAgri in news

This is a Premium article. Please subscribe or log in to read the full story!

Related Articles

General

new-app

General

bengaluru-home-loans

General

nifty

General

investors-property

General

smartworks-property

General

inflation

General

rbi-support

Google News