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Grapevine: Omers to invest in Greenko; Blackstone wins race for Piramal Glass

General

11 December, 2020

Grapevine: Omers to invest in Greenko; Blackstone wins race for Piramal Glass

Ontario Municipal Employees Retirement System’s (Omers) infrastructure investment manager is looking to invest up to $750...

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

General

10 December, 2020

Grapevine: Skanray mulls IPO; Hinduja Global Solutions to hive off healthcare unit

Mysuru-based medical equipment maker Skanray Technologies Pvt. Ltd is looking to raise up to Rs 600 crore ($81 million) through...

Govt may amend farm laws in the hope of ending protests

General

09 December, 2020

Govt may amend farm laws in the hope of ending protests

India's government will consider amending reforms that have sparked protests by farmers fearing the end of guaranteed crop...

Grapevine: Amazon may bet on Apollo Pharmacy; Meesho seeks fresh funding

General

09 December, 2020

Grapevine: Amazon may bet on Apollo Pharmacy; Meesho seeks fresh funding

Online retailer Amazon.com Inc. is planning to invest about $100 million (Rs 737 crore) in Apollo Pharmacy for a minority ......

India reports lowest daily rise in coronavirus cases since July 10

General

08 December, 2020

India reports lowest daily rise in coronavirus cases since July 10

India reported 26,567 new coronavirus infections, data from the health ministry showed on Tuesday, the lowest daily increase since...

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

General

08 December, 2020

Grapevine: Blackstone plans Aadhar Housing IPO; Strides Pharma, Mytrah seek buyers

Private equity firm Blackstone Group Inc. has started a process to float an initial public offering of mortgage lender Aadhar...

Grapevine: Flipkart may list abroad; Actis looking to acquire Ashoka Concessions

General

07 December, 2020

Grapevine: Flipkart may list abroad; Actis looking to acquire Ashoka Concessions

Walmart Inc. has hired Goldman Sachs to explore an initial public share sale of about 25% of its stake in ......

India's coronavirus infections stay below 40,000 for fourth day in a row

General

03 December, 2020

India's coronavirus infections stay below 40,000 for fourth day in a row

India's daily rise in coronavirus infections stayed below 40,000 for a fourth straight day, as 35,551 new cases took the ......

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

General

02 December, 2020

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

The Tata group, after five months of negotiations, has agreed on the deal structure to buy about 80% stake in ......

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

General

01 December, 2020

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

The Tata group’s offer to buy the Coffee Day Group’s vending machine business has hit a hurdle with top-two lenders...

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