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Ankit Agarwal

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Banks scramble to beef up defences as coronavirus threatens to sour loan books

Finance

14 July, 2020

Banks scramble to beef up defences as coronavirus threatens to sour loan books

Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......

Grapevine: Promoter, two PE firms to part-exit Sahajanand; SoftBank may back Unacademy

General

14 July, 2020

Grapevine: Promoter, two PE firms to part-exit Sahajanand; SoftBank may back Unacademy

The promoter of Sahajanand Medical Technologies Pvt. Ltd, India’s largest cardiac stent maker, along with two private equity firms, plan ......

Grapevine: Reliance in talks with Future lenders; Arvind Fashions to sell assets

General

13 July, 2020

Grapevine: Reliance in talks with Future lenders; Arvind Fashions to sell assets

Reliance Industries Limited (RIL), which has shown interest in buying Kishore Biyani’s Future Group, is now in talks with its ......

Grapevine: Energy Efficiency Services mulls solar JV; Karaikal Port up for sale

General

10 July, 2020

Grapevine: Energy Efficiency Services mulls solar JV; Karaikal Port up for sale

State-run Energy Efficiency Services Ltd (EESL) is in talks with oil major Royal Dutch Shell and at least two other ......

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

General

09 July, 2020

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

Tata Sons, the holding company of the Tata group, is in talks to buy out AirAsia Berhad’s 49% stake in ......

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Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Healthcare

09 July, 2020

Value Lens: Piramal Pharma stake comes at some discount but may almost lose that tag

Private equity firm Carlyle has agreed to buy a fifth of Piramal Enterprises Ltd’s pharmaceutical business at some discount but ......

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Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

Finance

08 July, 2020

Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

General

08 July, 2020

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 7,500 crore) in Reliance ......

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PE volumes touch new low in January-June as coronavirus worsens sentiment

Finance

07 July, 2020

PE volumes touch new low in January-June as coronavirus worsens sentiment

Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

General

07 July, 2020

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students ......