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Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

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24 August, 2020

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

Piramal Capital & Housing Finance (PCHF) is looking to raise a loan of up to $500 million (Rs 3,743 crore) ......

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

General

21 August, 2020

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance...

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

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20 August, 2020

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

Adani Power is looking to acquire a 414 megawatt (MW) coal-fired plant near Chennai from OPG Power Ventures for up ......

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As pandemic pummels India Inc, a look at outliers defying the virus siege

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19 August, 2020

As pandemic pummels India Inc, a look at outliers defying the virus siege

Even as coronavirus hammers India Inc black and blue, a few companies have emerged as outliers in the pandemic clocking ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August, 2020

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

US asset manager T Rowe Price is looking to increase its stake from 26% to 51% in UTI Trustee Company ......

Grapevine: JSW to buy Chettinad Builders; Flipkart may partner PharmEasy

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18 August, 2020

Grapevine: JSW to buy Chettinad Builders; Flipkart may partner PharmEasy

Serum Institute of India is looking to raise up to $1 billion (Rs 7,476 crore) for Covid-19 vaccine development and ......

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

General

17 August, 2020

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led...

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IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

General

13 August, 2020

IL&FS PE-backed distressed rose producer gets three proposals to exit insolvency

A Bengaluru-based floriculture company that emerged as India’s largest producer of cut roses a decade ago before falling...

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

General

13 August, 2020

Grapevine: Reliance eyes TikTok India, deal with Aramco hits valuation hurdle

Reliance Industries Limited (RIL) is evaluating the possibility of investing in the India operations of banned Chinese video platform...

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