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Global M&A sets first-quarter record as dealmakers shape post-COVID world

General

01 April, 2021

Global M&A sets first-quarter record as dealmakers shape post-COVID world

Mergers and acquisitions (M&A) activity surged globally in the first quarter of 2021 to a year-to-date record, as companies...

Grapevine: SoftBank-backed unicorn InMobi mulls floating on Nasdaq

General

01 April, 2021

Grapevine: SoftBank-backed unicorn InMobi mulls floating on Nasdaq

Macrotech Developers (formerly known as Lodha Developers) will launch its initial public offering (IPO) on 7 April, a Mint report...

Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round

General

26 March, 2021

Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round

Byju’s is looking to raise up to $600 million (Rs 4,345 crore) at a valuation of up to $14 billion ......

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

General

23 March, 2021

Grapevine: Tata group to sell stakes in units; Blackstone, Apollo to bid for Luminous

Tata group is mulling selling stakes of some financial services units including Tata Capital and Tata Asset Management to strategic...

Grapevine: Tiger Global to lead ClearTax round; Temasek, others to invest in Ola Electric

General

22 March, 2021

Grapevine: Tiger Global to lead ClearTax round; Temasek, others to invest in Ola Electric

Tax return filing startup ClearTax is looking to raise $100 million (Rs 724 crore) in a round of funding at ......

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

General

19 March, 2021

Grapevine: Adani Wilmar eyes IPO; Global PEs look to invest in Hinduja unit

Adani Wilmar, the company behind the Fortune brand of edible oils, is planning to raise up to Rs 5,000 crore ......

Grapevine: Delhivery to raise pre-IPO round; Govt to bundle airports in privatisation round

General

17 March, 2021

Grapevine: Delhivery to raise pre-IPO round; Govt to bundle airports in privatisation round

Unicorn logistics startup Delhivery is in talks with multiple global investors including US-based Fidelity to raise a pre-IPO...

Grapevine: Vi dials KKR, Carlyle, others; Cred to become unicorn

General

16 March, 2021

Grapevine: Vi dials KKR, Carlyle, others; Cred to become unicorn

After the recent fundraising talks with an Oak Hill-led consortium went sour, Vi (Vodafone Idea) has dialled other US-based private...

Indian shares close lower as COVID-19 cases rise, inflation hits 3-month high

General

15 March, 2021

Indian shares close lower as COVID-19 cases rise, inflation hits 3-month high

Indian shares ended lower on Monday, as COVID-19 cases surged again and government data showed the country's retail inflation...

Grapevine: Allcargo may bid for Concor stake; AAI to sell shares in airports

General

15 March, 2021

Grapevine: Allcargo may bid for Concor stake; AAI to sell shares in airports

Allcargo Logistics is planning to bid for state-run Concor’s stake and is in advanced discussions with a few global private...

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