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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 ......
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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 ......
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ......
