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Grapevine: Byju's nears deal for Toppr; Consortium to buy Reliance Home Finance assets

General

16 February, 2021

Grapevine: Byju's nears deal for Toppr; Consortium to buy Reliance Home Finance assets

Byju’s, the edtech unicorn backed by several marquee domestic and international investors, is nearing a deal to acquire...

South Africa asks Serum Institute to take back 1 mn vaccine doses

Healthcare

16 February, 2021

South Africa asks Serum Institute to take back 1 mn vaccine doses

South Africa has asked the Serum Institute of India to take back the one million COVID-19 vaccine doses the company ......

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

General

15 February, 2021

Grapevine: Race for Fortum assets; Policybazaar set to raise ADQ capital

At least three asset management firms or units operated by them are in talks to acquire control of the Indian ......

RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions

Finance

15 February, 2021

RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions

India's central bank said on Friday new investors who operate from jurisdictions not in compliance with the Financial Action...

Tesla to set up electric car manufacturing unit in south

Manufacturing

15 February, 2021

Tesla to set up electric car manufacturing unit in south

Billionaire Elon Musk's Tesla Inc will set up an electric-car manufacturing unit in the southern Indian state of Karnataka,...

Former SBI chairman joins Kotak special situations fund as exclusive adviser

Finance

12 February, 2021

Former SBI chairman joins Kotak special situations fund as exclusive adviser

Rajnish Kumar, former chairman of State Bank of India (SBI), has joined Kotak Investment Advisors Limited (KIAL) as an exclusive...

Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan

Infrastructure

12 February, 2021

Noida developer Three C Homes to be liquidated after NCLT rejects resolution plan

Three C Homes (3C) Private Limited, the Delhi NCR based real estate developer once sought after by multiple private equity ......

Grapevine: CPPIB places pre-conditions for SB Energy deal; Grofers eyes indirect US listing

General

12 February, 2021

Grapevine: CPPIB places pre-conditions for SB Energy deal; Grofers eyes indirect US listing

Canada Pension Plan Investment Board (CPPIB) has placed several pre-conditions to acquire the 80% stake held by Japan’s...

SEBI settles case with Dilip Sanghvi, Sudhir Valia, other Sun execs

Healthcare

11 February, 2021

SEBI settles case with Dilip Sanghvi, Sudhir Valia, other Sun execs

The Securities Exchange Board of India (SEBI) has accepted settlements against  Sun Pharmaceuticals  Limited and its...

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Piramal Realty takes out big loan from housing finance firm

Finance

11 February, 2021

Piramal Realty takes out big loan from housing finance firm

The real estate arm of Piramal Group has taken out a big loan from a housing finance company. Mumbai-based Piramal Realty ......

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