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Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

General

07 May, 2021

Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

Food delivery unicorn Zomato is looking to invest about $100 million (Rs 736 crore) in Grofers as the online grocery ......

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

General

02 March, 2021

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

The United States-based Safesea Group and ship operator JM Baxi & Co have submitted expressions of interest (EoIs) to participate ......

Govt seeks bids to sell majority stake in Shipping Corporation of India

Infrastructure

22 December, 2020

Govt seeks bids to sell majority stake in Shipping Corporation of India

The Indian government on Tuesday invited bids to sell its 63.75% stake in Shipping Corporation of India (SCI) to a ......

Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

General

30 November, 2020

Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic ......

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

Infrastructure

21 November, 2019

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......