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Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

General

12 March, 2021

Grapevine: Acme Solar eyes US listing via Spac; KKR seeks control of Fogg maker

Acme Solar Holdings is exploring a US listing through the special purpose acquisition company (Spac) route. For this, India’s...

Delhi High Court judgement paves way for relief from Angel Tax

General

11 March, 2021

Delhi High Court judgement paves way for relief from Angel Tax

In a judgement dated March 1, the Delhi High Court ruled in favour of Cinestaan Entertainment, a media and entertainment ......

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

General

09 March, 2021

Grapevine: Vedanta Resources, others eye SCI stake; Jindal Poly Films to sell shares

The government has received expressions of interest (EOIs) from several parties including Vedanta Resources, Megha Engineering...

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

General

08 March, 2021

Grapevine: Tata Motors, others eye BEML stake; Aditya Birla Group to list AMC

ata Motors, Mahindra and Mahindra, Ashok Leyland and others are eyeing a 26% stake in state-run defence equipment maker BEML,...

Grapevine: Reliance anchors Kalaari fund; Warburg, others in race for Parksons

General

04 March, 2021

Grapevine: Reliance anchors Kalaari fund; Warburg, others in race for Parksons

Mukesh Ambani-led Reliance Industries Ltd has come on board as an anchor limited partner (LP) for homegrown venture firm Kalaari...

Grapevine: Zomato to raise $1 bn in IPO; Nykaa to raise funding ahead of float

General

03 March, 2021

Grapevine: Zomato to raise $1 bn in IPO; Nykaa to raise funding ahead of float

Food delivery company Zomato is set to raise $750 million-1 billion (around Rs 5,480-7,306.7 crore) in an initial public offering...

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

General

02 March, 2021

Grapevine: JM Baxi, others eye SCI privatisation; KKR, others may join bad bank

The United States-based Safesea Group and ship operator JM Baxi & Co have submitted expressions of interest (EoIs) to participate...

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

General

01 March, 2021

Grapevine: Adani Green, Amplus eye deals; Cube Highways mulls stake sale, InvIT

Clean energy developer Adani Green Energy Ltd (AGEL) is in advanced discussions to acquire a 250MW solar power project operated...

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

General

26 February, 2021

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

Clean energy company ReNew Power Ventures Ltd is considering a listing in India, its managing director said, just two days ......

Grapevine: Dutch player, NIIF eye Fourth Partner stake; Razorpay in talks with GIC, others

General

25 February, 2021

Grapevine: Dutch player, NIIF eye Fourth Partner stake; Razorpay in talks with GIC, others

Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF)...

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