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Former Wipro CEO Neemuchwala joins US-based VC firm

General

15 September, 2020

Former Wipro CEO Neemuchwala joins US-based VC firm

Abidali Z Neemuchwala, who left Indian software services firm Wipro Ltd as CEO and managing director earlier this year, has ......

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would...

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

General

14 September, 2020

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

After Silver Lake, Carlyle Group is looking to invest up to $2 billion (Rs 14,663 crore) in Reliance Retail Ventures ......

Grapevine: Religare Enterprises to sell majority stake in lending unit

General

11 September, 2020

Grapevine: Religare Enterprises to sell majority stake in lending unit

Japanese financial services firm Orix Corp is looking to invest close to $1 billion (Rs 7,342 crore) for up to ......

Global coronavirus deaths hit 900,000 as cases surge in India

General

10 September, 2020

Global coronavirus deaths hit 900,000 as cases surge in India

The global death toll from the coronavirus passed 900,000 on Wednesday, as worldwide cases topped 27.7 million, according to a...

Grapevine: Mexican firm eyes majority stake in Everstone's packaged foods platform

General

09 September, 2020

Grapevine: Mexican firm eyes majority stake in Everstone's packaged foods platform

Mexico’s largest food and bakery company, Grupo Bimbo, is in preliminary talks to acquire a majority stake in Everfoods,...

India coronavirus infections surge to 4.3 million

General

09 September, 2020

India coronavirus infections surge to 4.3 million

India reported 89,706 new coronavirus infections on Wednesday, taking its total caseload to 4.3 million, data from the federal...

Grapevine: Global trading firm to lead Series B funding for Mobile Premier League

General

08 September, 2020

Grapevine: Global trading firm to lead Series B funding for Mobile Premier League

Fantasy gaming platform Mobile Premier League (MPL) is in advanced talks with Susquehanna International Group (SIG), a global...

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both...

India coronavirus infections near 4 mn, closes in on Brazil

General

04 September, 2020

India coronavirus infections near 4 mn, closes in on Brazil

India reported a daily jump of 83,341 coronavirus infections, taking its tally to 3.94 million, health ministry data showed on...

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