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Ankit Agarwal

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

General

18 December, 2019

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

Piramal Enterprises Ltd’s healthcare vertical will reduce its parent’s holding by 20% through issuance of fresh shares, the diversified conglomerate ......

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First Cut: How dealmaking shaped up in India in 2019

Finance

18 December, 2019

First Cut: How dealmaking shaped up in India in 2019

A lack of big-ticket mergers and acquisitions took its toll on Indian deal street with the overall transaction value skidding ......

Grapevine: Tata Motors may partner China firm; Sequoia may invest in Whatfix

General

17 December, 2019

Grapevine: Tata Motors may partner China firm; Sequoia may invest in Whatfix

Tata Motors Ltd is in initial talks with two Chinese automobile companies for a tie-up for its passenger vehicles business, ......

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

General

16 December, 2019

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

Food delivery app Zomato is in advanced talks to buy UberEats and as part of the deal ride-hailing major Uber ......

Grapevine: Vodafone may sell some assets; family feud looms over Gati share sale

General

11 December, 2019

Grapevine: Vodafone may sell some assets; family feud looms over Gati share sale

Vodafone Idea is in talks to sell its 1,56,000 km optic fibre assets to Brookfield Asset Management and its data ......

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

General

10 December, 2019

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

TVS Capital Funds, A91 Partners, and Faering Capital, among other mid-market private equity firms, are in advanced talks to invest ......

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Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Manufacturing

10 December, 2019

Company watch: Kedaara-backed Parksons packs a punch as FY19 revenue, profit jump

Parksons Packaging Ltd reported an acceleration in revenue and profit growth for the year through March 2019 as it started ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

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Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

Infrastructure

06 December, 2019

Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

ReNew Power Ltd failed to shrug off net profit margin blues in 2018-19 despite the biggest buyout in the country’s ......

Grapevine: Gautam Gambhir to buy stake in Delhi Capitals; Swiggy in funding talks

General

06 December, 2019

Grapevine: Gautam Gambhir to buy stake in Delhi Capitals; Swiggy in funding talks

Former cricketer and current BJP MP from East Delhi, Gautam Gambhir, is looking to pick up a 10% stake in ......