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Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund
Private equity investor Bain Capital is facing margin calls from three lenders -- JPMorgan, Citi and Nomura -- as the ......
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Grapevine: Jindal India Thermal Power's lenders reject promoters' resolution offer
Jindal India Thermal Power’s 17-member lenders’ consortium has rejected the promoters debt resolution offer that proposes...
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Grapevine: Biyani mulls stake dilution in Future Retail, Future Generali merger
Future Group founder Kishore Biyani is exploring a significant stake dilution in Future Retail and a merger of insurance joint...
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From flowers to incense, India's temple economy hit by coronavirus
Indian shopkeeper Purab Gathani should be gearing up for his busiest time of year selling incense for the spring festival ......
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Grapevine: Facebook eyes Jio stake; Future group puts insurance venture on block
Facebook is close to signing a multibillion-dollar deal for a 10% stake in heavily-indebted Reliance Jio, which boasts the acquisition...
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India under lockdown for 21 days as coronavirus spreads
Indian Prime Minister Narendra Modi said on Tuesday the government would impose a nationwide lockdown from midnight for 21 days...
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Grapevine: TVS Group, others may back CG Power; Everstone may part-exit Burger King
TVS Group, along with a clutch of special situation investors like AION Capital, India Resurgence Fund - a consortium of ......
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Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank
Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......
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Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major Bigbasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja,...
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Govt bars international flights for one week to battle coronavirus
India's government said on Thursday it will ban all scheduled international commercial passenger flights from landing in the...
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