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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,...
Finance
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...
General
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, ......
General
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 ......
General
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 ......
General
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...
Manufacturing
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 ......
General
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 ......
Infrastructure
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 ......
General
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 ......
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