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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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Grapevine: Greenko may buy NEC Energy Solutions; Schneider to sell Luminous
Greenko Energy Holdings has emerged as the preferred buyer for US-based NEC Energy Solutions at a deal value of around ......
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Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL
Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over...
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Grapevine: Blackstone to lose Amit Jain, may exit Mphasis
Blackstone India senior managing director Amit Jain is set to quit but yet to formally put in his papers, Bloomberg ......
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