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Ankit Agarwal

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

General

14 January, 2020

Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar

Adani Group is in early-stage talks with Reliance Power, which supplies electricity to Adani Electricity Mumbai, to acquire subsidiary Vidarbha ......

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Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

Finance

13 January, 2020

Value Lens: Why UTI AMC is unlikely to get a hefty price tag in IPO

UTI Asset Management Co Ltd, which is gearing up to float an initial public offering, may get a conservative valuation ......

Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo

General

13 January, 2020

Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo

A private equity fund managed by Morgan Stanley is in advanced talks with Centrum Group to pick up a 20% ......

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PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

Finance

10 January, 2020

PE/VC exit returns in 2019 a tad below par but match top-performing mutual funds

A handful of private equity and venture capital firms in India may have struck gold by fully exiting their investments ......

Grapevine: China Mobile in talks for India cloud network; Allahabad Bank to part-exit JV

General

10 January, 2020

Grapevine: China Mobile in talks for India cloud network; Allahabad Bank to part-exit JV

China Mobile, the Asian nation's largest mobile operator, has held early-stage talks with telecom service providers Bharti Airtel Ltd and ......

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

General

09 January, 2020

Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv

Masayoshi Son’s SoftBank is looking to sell its entire 70% or a majority stake in its renewables joint venture in ......

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Value lens: Why Park Hotels may command a premium IPO price tag

Consumer

08 January, 2020

Value lens: Why Park Hotels may command a premium IPO price tag

Apeejay Surrendra Park Hotels Ltd, which owns hotels under The Park brand and is preparing to float an initial public ......

Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race

General

08 January, 2020

Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race

Chennai-based real estate developer Shriram Properties Ltd, which planned to raise Rs 1,250 crore ($174 million at current exchange rate) ......

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

General

07 January, 2020

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

General

06 January, 2020

Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel

Great Wall Motors, China’s largest SUV maker, is close to acquiring General Motors’ (GM) manufacturing facility in Maharashtra for up ......