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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 ......
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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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PM Modi refuses to back down on farm reforms despite huge protests
Prime Minister Narendra Modi on Monday resisted calls for the repeal of farm reforms that have ignited the biggest protests ......
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Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold
Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic...
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Indian economy contracts for second quarter in a row, recovery seen next year
Indian economy contracted 7.5% in the quarter to September, government data showed on Friday, showing some signs of a pick-up...
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India's Apr-Oct fiscal deficit tops 126% of full-year target
India's federal fiscal deficit in the seven months to end-October stood at Rs 9.53 trillion ($128.9 billion), or 126.7% of...
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Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete
Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......
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Grapevine: CPPIB, ADIA eye India's smart meter rollout; DHFL bidders mull walkout
Canada Pension Plan Investment Board (CPPIB) and sovereign wealth fund Abu Dhabi Investment Authority (ADIA) are interested in...
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Indian economy to escape recession early next year on vaccine hopes
India's economy is expected to recover early next year from recession, but at a modest pace, according to a majority ......
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India import hurdles hit Apple iPhone, Xiaomi devices from China
India's tight control of quality clearances for electronic goods from China slowed the import of Apple's new iPhone model...
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