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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...
Finance
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 ......
General
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% ......
Finance
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 ......
General
Grapevine: China Mobile in talks for India cloud network; Allahabad Bank to part-exit JV
China Mobile has held early-stage talks with telecom service providers Bharti Airtel Ltd and Vodafone Idea Ltd to jointly develop ......
General
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 ......
Consumer
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 ......
General
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...
General
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 ......
General
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...
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