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Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn
Global payments technology giant Mastercard is looking to invest close to $300 million (Rs 2,135 crore at current exchange rate)...
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Fugitive diamond magnate Nirav Modi's rare art collection to be auctioned
The seized assets of Indian diamond magnate Nirav Modi, arrested in Britain last year over fraud allegations, will be auctioned...
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Grapevine: Oberoi Realty joins Lavasa race; Sachin Bansal firming up banking plan
Mumbai real estate company Oberoi Realty Ltd and US-based financial services firm Interups Inc. have joined the race to acquire...
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World's richest 2,000 people hold more wealth than poorest 4.6 bn combined: Oxfam
The world's richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid...
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Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects
Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement...
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Grapevine: Bain-Sunil Munjal to buy into Max Financial; Carlyle to exit Visionary
US private equity buyout group Bain Capital is looking to join hands with Sunil Munjal’s Hero Corporate Services to buy...
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Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham
Emami Group’s cement assets received four binding offers from Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma...
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Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent
UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom...
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Grapevine: Adani may buy Reliance Power unit; Inventus partly exits PolicyBazaar
Adani Group is in early-stage talks with Reliance Power, which supplies electricity to Adani Electricity Mumbai, to acquire subsidiary...
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Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo
A private equity fund managed by Morgan Stanley is in advanced talks with Centrum Group to pick up a 20% ......
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