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Ankit Agarwal

Grapevine: Reliance in race to buy British retailer Debenhams

Consumer

24 September, 2020

Grapevine: Reliance in race to buy British retailer Debenhams

Billionaire Mukesh Ambani-led Reliance Retail has emerged as a surprise contender to acquire part or all of the 242-year-old UK-based ......

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Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Consumer

23 September, 2020

Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full ......

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

General

23 September, 2020

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......

Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors

General

22 September, 2020

Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors

Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) is eyeing a 10% stake in the wholly-owned clean energy unit of ......

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

General

21 September, 2020

Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......

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Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?

TMT

18 September, 2020

Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?

Perfios Software Solutions Pvt. Ltd’s topline over the past four financial years shows the firm has well harnessed the blooming ......

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How valuations of solar energy assets changed as dealmaking perked up

Infrastructure

17 September, 2020

How valuations of solar energy assets changed as dealmaking perked up

In early 2015, the Narendra Modi government increased by five-fold India’s target for installed solar energy capacity to 100 gigawatt ......

Grapevine: Badshah Masala promoters part ways

General

17 September, 2020

Grapevine: Badshah Masala promoters part ways

A strategic internal restructuring exercise has been executed in one of India’s oldest spice makers, Badshah Masala, people with knowledge ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......