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Ankit Agarwal

Grapevine: Adani may buy Essel solar plants; GIC plans $1 bn bet on India road assets

General

18 June, 2019

Grapevine: Adani may buy Essel solar plants; GIC plans $1 bn bet on India road assets

Essel Infraprojects Ltd has entered into a pact to sell about 310 megawatts (MW) of its solar energy assets to ......

Grapevine: Amazon in investment talks with NinjaCart; DHFL may sell stake to AION

General

17 June, 2019

Grapevine: Amazon in investment talks with NinjaCart; DHFL may sell stake to AION

E-commerce giant Amazon is in exploratory talks with Bengaluru-based NinjaCart to make an investment in the B2B fresh produce supply ......

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Company watch: Dr Lal PathLabs' FY19 revenue climbs on volume growth, wider reach

Healthcare

14 June, 2019

Company watch: Dr Lal PathLabs' FY19 revenue climbs on volume growth, wider reach

Dr. Lal PathLabs Ltd, operator of India’s large chain of diagnostics centres, maintained an almost steady rise in revenue thanks ......

Grapevine: Total may buy into Adani Gas; HDFC Property plans new realty fund

General

14 June, 2019

Grapevine: Total may buy into Adani Gas; HDFC Property plans new realty fund

French energy company Total SA is looking to acquire a 30% stake in billionaire Gautam Adan-led city gas distribution company ......

Grapevine: Investcorp raising first India fund; IFC, DEG invest in Oriental Structural's InvIT

General

13 June, 2019

Grapevine: Investcorp raising first India fund; IFC, DEG invest in Oriental Structural's InvIT

Bahrain-based alternative asset manager Investcorp is raising its maiden real estate fund for India with a target corpus of $250-300 ......

Grapevine: Brookfield, RIL set to ink tower deal; WestBridge may bet on Rapido

General

12 June, 2019

Grapevine: Brookfield, RIL set to ink tower deal; WestBridge may bet on Rapido

Canadian investment firm Brookfield Asset Management and billionaire Mukesh Ambani-led Reliance Industries Ltd are likely to sign a term sheet ......

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

General

11 June, 2019

Grapevine: OYO may raise $1 bn; DHFL promoter in sale talks with Apollo Global

Hotel chain OYO Hotels & Homes is looking to raise $1 billion (Rs 6,945 crore at current exchange rate) in ......

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Company watch: PE-backed PVR's earnings growth picks up but debt concerns rise

TMT

11 June, 2019

Company watch: PE-backed PVR's earnings growth picks up but debt concerns rise

PVR Ltd, operator of India's biggest multiplex chain, reported faster revenue and profit growth for the year through March 2019 ......

Grapevine: Twitter may invest in ShareChat; JSW weighs British Steel bid

General

07 June, 2019

Grapevine: Twitter may invest in ShareChat; JSW weighs British Steel bid

Microblogging site Twitter Inc. may invest more than $50 million (Rs 346 crore) in Indian vernacular social networking app ShareChat, ......

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

General

06 June, 2019

Grapevine: GIC, 5 PE firms in race for CitiusTech; Goldman, SSG eye stressed assets

Singapore sovereign wealth fund GIC Pte. Ltd and five private equity firms have entered a second round of negotiations to ......