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Grapevine: China Mobile in talks for India cloud network; Allahabad Bank to part-exit JV
China Mobile has held early-stage talks with telecom service providers Bharti Airtel Ltd and Vodafone Idea Ltd to jointly develop ......
General
Grapevine: SoftBank looks to sell renewables JV stake; Zoomcar close to buying Revv
Masayoshi Son’s SoftBank is looking to sell its entire 70% or a majority stake in its renewables joint venture in ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
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Grapevine: Shriram Properties slashes IPO size; Kotak drops out of Altico race
Chennai-based real estate developer Shriram Properties Ltd, which planned to raise Rs 1,250 crore ($174 million at current exchange...
General
Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets
NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......
General
Grapevine: Great Wall Motors may buy GM facility; PE firms keen on Airtel
Great Wall Motors, China’s largest SUV maker, is close to acquiring General Motors’ (GM) manufacturing facility in...
General
Cyrus Mistry says not keen to return as Tata Sons chairman but wants board seat
The former chairman of Tata Sons Cyrus Mistry said on Sunday he would not seek to reclaim his board seats ......
General
Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant
Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd, two people...
General
Grapevine: IndiGo, Etihad circle Air India; Hinduja Group eyes Jet Airways
IndiGo, India’s largest airline by market share, and Abu Dhabi-based Etihad Airways have shown interest in ailing national...
General
Grapevine: Zydus Cadila may sell two units; Lodha Group looking to raise $210 mn
Drugmaker Zydus Cadila is in preliminary talks with several strategic and private equity investors to sell two of its divisions...
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