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Shubhobrota Dev Roy

Aditya Birla Group arm snaps up operator of Hakkasan, other Asian fine dining eateries

Consumer

01 August, 2023

Aditya Birla Group arm snaps up operator of Hakkasan, other Asian fine dining eateries

Aditya Birla New Age, the hospitality arm of the aluminium-to-insurance Aditya Birla Group, said Tuesday it has bought Asian eateries chain ......

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Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

General

01 August, 2023

Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

British bank Barclays Plc is reshuffling its India and Hong Kong teams after the departure of two senior executives, a ......

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Grapevine:  Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

General

31 July, 2023

Grapevine: Nirma leads race for healthcare deal; KKR InvIT buys Macquarie road assets

The Nirma Group has emerged as the frontrunner to acquire a subsidiary of Glenmark Pharmaceuticals, a media report said.  The Ahmedabad-based ......

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Grapevine: Warburg eyes Brookfield's IT services bet; Concord, Manappuram arm gear up for IPOs

General

28 July, 2023

Grapevine: Warburg eyes Brookfield's IT services bet; Concord, Manappuram arm gear up for IPOs

Private equity firm Warburg Pincus is in advanced talks to acquire an IT services business owned by Brookfield Asset Management, ......

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Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

General

27 July, 2023

Grapevine: PE firms eye Cipla stake; RP-Sanjiv Goenka in fray for chemicals firm

Pharma major Cipla's promoters are in discussions with major private equity firms to sell a part of their total holding ......

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Grapevine: RIL retail arm likely to fetch Middle East investment; ARCs to bid for distressed Vidarbha Power

General

26 July, 2023

Grapevine: RIL retail arm likely to fetch Middle East investment; ARCs to bid for distressed Vidarbha Power

Mukesh Ambani-led Reliance Industries’ retail arm, which was recently valued at $92-96 billion, is likely to get a new minority ......

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Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

General

25 July, 2023

Grapevine: Adani, JK Lakshmi eye cement firm; Accel, IvyCap may make fintech bet

The Adani Group-owned cement companies Ambuja-ACC and JK Lakshmi Cement are in the fray to acquire an Ahmedabad-based company, a media report said.   The two frontrunners are ......

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Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

General

24 July, 2023

Grapevine: Creador eyes NBFC; Byju's to tweak loan terms

Creador, the South and Southeast Asia-focused private equity firm founded by former ChrysCapital partner Brahmal Vasudevan, is in advanced discussions to invest in an ......

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Grapevine: Dunzo seeks more funding; Delhivery may enter new vertical

General

18 July, 2023

Grapevine: Dunzo seeks more funding; Delhivery may enter new vertical

Hyperlocal delivery startup Dunzo Digital Pvt Ltd, backed by the likes of Reliance Retail Ventures and Google, is looking to raise more funding ......

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Grapevine: JSW eyes stake in coal biz unit; RIL arm may acquire Alia Bhatt's kidswear brand

General

17 July, 2023

Grapevine: JSW eyes stake in coal biz unit; RIL arm may acquire Alia Bhatt's kidswear brand

Billionaire Sajjan Jindal-led JSW Steel Ltd, the second largest private sector steel company in the country, is likely to bid ......