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Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

General

22 November, 2019

Grapevine: Global PE, Crompton Greaves eye Eureka Forbes; Mahindra nears solar sale

Global private equity majors as well as Advent and Temasek-backed Crompton Greaves Consumer are in the race for Eureka Forbes,...

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

General

21 November, 2019

Grapevine: Varde proposes Altico infusion; Cube Highways wins road auctions

Stressed home financier Altico Capital received a proposal for infusion of Rs 1,000 crore ($139.3 million at current exchange...

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

General

20 November, 2019

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

Mobile marketing and advertising firm InMobi is in talks to acquire video-sharing platform Roposo, a media report said. Citing...

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

General

19 November, 2019

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

Playschool chain EuroKids is in preliminary talks to acquire the Essel Group-operated Kidzee for between Rs 1,000-Rs 1,200 crore...

Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund

General

18 November, 2019

Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund

Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted to acquire up to a 44% stake in ......

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

General

15 November, 2019

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

Private equity firm ChrysCapital is considering investing around Rs 500 crore ($69.6 million at current exchange rate) in RBL...

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

General

14 November, 2019

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

The local unit of South African financial services group Investec is leading the race to buy a stake in State ......

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

General

13 November, 2019

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group,...

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

General

12 November, 2019

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

Online marketplace Snapdeal is in talks to raise close to $100 million (Rs 716 crore at current exchange rate) from ......

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

General

11 November, 2019

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services...

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