Tag Archives: bought

Top 9 hot stocks which fund managers bought for the first time in August

Retail investors are not leaving any opportunity to miss out on the big bull market which India is witnessing and this is now started reflecting in the massive flows which pushed asset under management (AUM) to a record high of Rs 20 lakh crore last month. The total category wise AUM of the mutual fund industry increased by 3.1 percent ... Read More »

Never bought a business that wasn’t already part of Quikr: CEO Pranay Chulet

In the North Bangalore headquarters of online classifieds company Quikr India Pvt. Ltd, the conference rooms are called ‘jaldi’, ‘raftaar’, ‘daud’, and so on, names that are synonymous with speed. The nomenclature couldn’t have been more apt, given Quikr has been buying companies at breakneck pace. On Wednesday, it made its latest acquisition, buying blue-collar jobs listing company Babajob in ... Read More »

Gin distiller Sipsmith bought by Beam Suntory

Japanese spirits conglomerate Beam Suntory is to buy the London craft gin distiller Sipsmith. Beam – which also owns the Jim Beam and Maker’s Mark bourbon brands – will pay an undisclosed sum for the company as it aims to cash in on the rising demand for artisan spirits. Sipsmith is one of hundreds of craft distillers to have set ... Read More »