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Adani to acquire stake in Odisha Power as AES exits after two decades

Infrastructure

23 June, 2020

Adani to acquire stake in Odisha Power as AES exits after two decades

New York-listed AES Corp has agreed to sell its 49% stake in Odisha Power Generation Corp to Adani Power Ltd, ......

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Finance

22 June, 2020

In Charts: Check out the most valued MNCs in India

European multinationals continue to dominate the club of most valued international companies on the Indian stock markets with...

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Manufacturing

18 June, 2020

Hedge fund Abakkus bets on a building materials company

Hedge fund Abakkus Asset Manager LLP has picked up a small stake in a publicly listed building materials company that ......

Finance

18 June, 2020

ADB slashes India GDP view, forecasts 4% contraction in FY21

The Asian Development Bank (ADB) changed its economic outlook for India from growth to contraction, as it projected that developing...

TMT

15 June, 2020

Sweden's Sinch to buy Indian cloud communications firm ACL Mobile

Swedish cloud communications company Sinch AB has inked a pact to acquire India’s ACL Mobile Ltd for Rs 535 crore ......

TMT

13 June, 2020

TPG, L Catterton join other heavyweights with $850 mn cheque for Reliance's Jio Platforms

Reliance Industries Ltd said on Saturday private equity firm TPG will invest Rs 4,546.8 crore ($600 million) in in Jio Platforms Ltd...

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Finance

11 June, 2020

WestBridge back on the road to raise fresh money from LPs

Three years after topping up its evergreen India-focused private equity fund, WestBridge Capital is back in the market courting...

TMT

07 June, 2020

After Mubadala, sovereign fund ADIA bets $752 mn on Reliance's Jio Platforms

Reliance Industries Ltd said on Sunday Abu Dhabi Investment Authority (ADIA), which invests money globally on behalf of UAE's emirate, is ......

TMT

05 June, 2020

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion)...

Infrastructure

04 June, 2020

ReNew Power to acquire AI startup Climate Connect

ReNew Power Pvt. Ltd said on Thursday it has agreed to acquire Regent Climate Connect Knowledge Solutions Pvt. Ltd, an ......