General
General
Maharashtra puts three Chinese investment proposals on hold after border clash
Maharashtra has put on hold three initial investment proposals from Chinese companies worth 50 billion rupees ($658 million),...
General
Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets
Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire L&T Mutual Fund with...
General
Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz
Mahindra & Mahindra (M&M) is looking to attract private equity funding for its decade-old electric vehicle business, which...
General
Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts
Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two...
General
Grapevine: Adani, others circle 3 Odisha discoms; KKR frontrunner for JB Chemicals
The Adani Group, RP-Sanjiv Goenka group’s power utility company CESC Ltd and Tata Power Co. Ltd have evinced interest in...
General
Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon
US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......
General
Record rise in India virus cases raises fear of return of curbs
India on Friday reported a total of 297,535 coronavirus infections, surpassing the United Kingdom to become the fourth worst affected...
General
Grapevine: Reliance, Samara eye stake in Future Retail; Good Host buys varsity facilities
Several suitors including Reliance Retail Ltd and private equity firm Samara Capital are looking to buy a stake in Kishore ......
General
Grapevine: ZF Friedrichshafen to exit joint venture with TVS Group
German auto parts giant ZF Friedrichshafen AG is looking to exit Brakes India, its profitable Indian joint venture with TVS ......
General
Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF
Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......