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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 ......

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...

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

General

11 February, 2021

Grapevine: Delhivery to raise $800 mn in IPO; Bansk to control SC Johnson India

SoftBank-backed logistics firm Delhivery plans to raise $800 million (about Rs 5,820 crore) in its initial public offering (IPO)...

Grapevine: Brookfield to buy Mahindra Susten assets; General Atlantic to part-exit KFintech

General

09 February, 2021

Grapevine: Brookfield to buy Mahindra Susten assets; General Atlantic to part-exit KFintech

Canada’s Brookfield Asset Management Inc. has signed an exclusivity agreement to buy Mahindra Susten’s engineering,...

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates...

Grapevine: Societe Generale invests in PVR; Bain Capital may buy Parksons Packaging

General

04 February, 2021

Grapevine: Societe Generale invests in PVR; Bain Capital may buy Parksons Packaging

French banking group Societe Generale invested in multiplex-chain operator PVR Ltd on Tuesday while Berry Greek Investment and...

Grapevine: MPL raises funding; IOC to monetise pipeline assets

General

03 February, 2021

Grapevine: MPL raises funding; IOC to monetise pipeline assets

Online gaming startup Galactus Funware Technology, which operates the Mobile Premier League (MPL), has raised close to $100 million...

Wider fiscal deficits could pressure India's ratings, says Fitch

Economy

02 February, 2021

Wider fiscal deficits could pressure India's ratings, says Fitch

Wider fiscal deficits and a more gradual pace of consolidation will lift the Indian government's debt and pressure its sovereign...

How angel, venture capital and private equity investors reacted to Budget 2021

General

01 February, 2021

How angel, venture capital and private equity investors reacted to Budget 2021

Union Budget 2021 is out. This was going to be a crucial budget following a year of economic crisis, worst ......

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

Economy

01 February, 2021

India's FY22 fiscal deficit target slightly wider than expected: Moody's analyst

India's fiscal deficit target for 2021/22 is a little bit higher than expected, a Moody's analyst said on Monday, after...

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