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Grapevine: Silver Lake to invest in Reliance Retail; SoftBank eyes TikTok India

General

04 September, 2020

Grapevine: Silver Lake to invest in Reliance Retail; SoftBank eyes TikTok India

Private equity firm Silver Lake is looking to invest close to $1 billion (Rs 7,342 crore) in Mukesh Ambani’s Reliance ......

Grapevine: Walmart eyes Reliance Retail stake; talks resume for Vodafone stake

General

03 September, 2020

Grapevine: Walmart eyes Reliance Retail stake; talks resume for Vodafone stake

Amazon.com Inc. and Verizon Communications, the largest wireless carrier in the US, are set to resume talks to buy a ......

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may...

Delhi High Court halts insolvency proceedings against Anil Ambani

General

27 August, 2020

Delhi High Court halts insolvency proceedings against Anil Ambani

An Indian court on Thursday halted insolvency proceedings against Reliance Group chairman Anil Ambani, the younger brother of...

Grapevine: SoftBank stake in SB Energy eyed; Sony Pictures Networks-Viacom18 merger likely

General

27 August, 2020

Grapevine: SoftBank stake in SB Energy eyed; Sony Pictures Networks-Viacom18 merger likely

Ontario Municipal Employees’ Retirement System, private equity fund Actis and Brookfield Asset Management have submitted...

India reports record daily jump of 75,760 coronavirus infections

General

27 August, 2020

India reports record daily jump of 75,760 coronavirus infections

India reported on Thursday a record daily jump of 75,760 coronavirus infections, taking its total caseload to 3.31 million as...

Farmers turn to moneylenders as banks shun risk amid pandemic

General

27 August, 2020

Farmers turn to moneylenders as banks shun risk amid pandemic

Last month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to...

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

General

26 August, 2020

Grapevine: PAG eyes Edelweiss units; GVK works to ward off hostile takeover of MIAL

Pacific Alliance Group (PAG), the world’s largest Asia-focused alternative asset management company, is looking to acquire...

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

General

25 August, 2020

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

Private equity firms True North and TA Associates, which own more than 90% in India’s largest non-telco internet service...

Indian shares near six-month high on coronavirus treatment hopes

General

24 August, 2020

Indian shares near six-month high on coronavirus treatment hopes

Indian shares closed just shy of their six-month highs on Monday, powered by a rally in private-sector banks as more ......

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