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Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

General

24 December, 2019

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

Canada Pension Plan Investment Board (CPPIB) has emerged as front runner to acquire toll roads developer Ashoka Concessions at...

Grapevine: UltraTech front runner for Emami cement; ESAF Small Finance Bank may list

General

23 December, 2019

Grapevine: UltraTech front runner for Emami cement; ESAF Small Finance Bank may list

UltraTech Cement Ltd, India’s largest producer of the building material, has emerged as the front runner to buy Emami Group’s...

Grapevine: Tatas may buy into Walmart's India cash & carry; European investor may back Livspace

General

20 December, 2019

Grapevine: Tatas may buy into Walmart's India cash & carry; European investor may back Livspace

The Tata group is in talks to buy up to 49% stake in US retailer Walmart's wholesale cash-and-carry business in ......

NCLAT orders restoring ex-Tata Sons chairman Cyrus Mistry

General

18 December, 2019

NCLAT orders restoring ex-Tata Sons chairman Cyrus Mistry

An Indian tribunal on Wednesday ordered restoring Tata Sons' former executive chairman Cyrus Mistry to the position he had...

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

General

18 December, 2019

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

Piramal Enterprises Ltd’s healthcare vertical will reduce its parent’s holding by 20% through issuance of fresh shares,...

Grapevine: Tata Motors may partner China firm; Sequoia may invest in Whatfix

General

17 December, 2019

Grapevine: Tata Motors may partner China firm; Sequoia may invest in Whatfix

Tata Motors Ltd is in initial talks with two Chinese automobile companies for a tie-up for its passenger vehicles business, ......

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

General

16 December, 2019

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

Food delivery app Zomato is in advanced talks to buy UberEats and as part of the deal ride-hailing major Uber ......

Grapevine: Vodafone may sell some assets; family feud looms over Gati share sale

General

11 December, 2019

Grapevine: Vodafone may sell some assets; family feud looms over Gati share sale

Vodafone Idea is in talks to sell its 1,56,000 km optic fibre assets to Brookfield Asset Management and its data ......

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

General

10 December, 2019

Grapevine: TVS Capital, others may invest in Digit; Advent, Bain, GIC eye exit from Quest Global

TVS Capital Funds, A91 Partners, and Faering Capital, among other mid-market private equity firms, are in advanced talks to invest...

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

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