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Keshav Sunkara

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

General

11 February, 2019

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

Norwegian state-backed energy company Equinor ASA plans to buy a substantial stake in Indian renewable energy company ReNew Power Ltd, ......

Aurobindo to invest in Tirupati-based drugmaker Synergy Remedies

Healthcare

08 February, 2019

Aurobindo to invest in Tirupati-based drugmaker Synergy Remedies

Aurobindo Pharma Ltd has agreed to invest Rs 15 crore (around $2.1 million at current exchange rates) in exchange for ......

Grover Zampa Vineyards, Quintela buy Charosa Wineries

Consumer

08 February, 2019

Grover Zampa Vineyards, Quintela buy Charosa Wineries

Grover Zampa Vineyards Ltd and one of its investors, Dubai-based Quintela Assets Ltd, have bought Charosa Wineries Ltd for Rs ......

Brookfield eyes stake in Jio's tower, fibre assets; CDC, Mirae may back BigBasket

General

08 February, 2019

Brookfield eyes stake in Jio's tower, fibre assets; CDC, Mirae may back BigBasket

Canadian alternative asset manager Brookfield Asset Management is in early-stage discussions to pick up a controlling stake in Reliance Jio ......

IFC to invest $8 mn in Lok Capital-backed Mintifi

TMT

07 February, 2019

IFC to invest $8 mn in Lok Capital-backed Mintifi

International Finance Corporation, the private-sector investment arm of the World Bank, will invest up to $8 million (about Rs 57 ......

Essar Oil UK to acquire stakes in BP assets

Manufacturing

07 February, 2019

Essar Oil UK to acquire stakes in BP assets

Essar Oil UK, a part of the Essar Group, is acquiring stakes in multiple assets from British energy giant BP ......

Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

General

07 February, 2019

Narayana Murthy ups stake in JV with Amazon; Actis may float new renewables entity

Infosys co-founder NR Narayana Murthy’s family office has increased its stake from 51% to 76% in its joint venture with ......

Dalmia-OCL acquires Germany's GSB Group for $17 mn

Manufacturing

06 February, 2019

Dalmia-OCL acquires Germany's GSB Group for $17 mn

In its first international acquisition, refractory or heat-resistant material business Dalmia-OCL said it has bought Germany-based GSB Group GmbH operating ......

Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

General

06 February, 2019

Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz

Bengaluru-headquartered Jana Small Finance Bank Ltd has raised Rs 300 crore ($42 million at current exchange rate) from Centrum Group ......

WNS, Zodius Capital founder gets funding for new media firm

TMT

05 February, 2019

WNS, Zodius Capital founder gets funding for new media firm

Neeraj Bhargava, founder of early-stage technology investment firm Zodius Capital and co-founder of BPO company WNS, has co-founded media venture ......