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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 ......
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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...
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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 ......
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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 ......
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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...
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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,...
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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...
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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...
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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...
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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...
