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Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

General

30 October, 2019

Grapevine: Tatas tweak GMR airport deal; Coca-Cola may sell some India bottling plants

Tata Group will acquire a lower stake than earlier planned in GMR Airports Ltd to comply with regulatory norms, multiple ......

Motilal Oswal's wealth management arm hires former Citi banker as CEO

General

29 October, 2019

Motilal Oswal's wealth management arm hires former Citi banker as CEO

Motilal Oswal Financial Services Ltd’s private wealth management unit has appointed Virendra Somwanshi as its managing director...

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

General

25 October, 2019

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

Edelweiss Mutual Fund has emerged frontrunner for IDBI Asset Management Company as the entity has entered the final stage of ......

India jumps 14 places on World Bank's ease of doing business list

General

24 October, 2019

India jumps 14 places on World Bank's ease of doing business list

Faster bankruptcy resolution and issuance of construction permits helped India jump 14 places in the World Bank’s annual...

Grapevine: CDPQ to up stake in Piramal flagship; Oaktree plan for DHFL unit hits snag

General

24 October, 2019

Grapevine: CDPQ to up stake in Piramal flagship; Oaktree plan for DHFL unit hits snag

Canada pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to raise its stake in Ajay Piramal’s...

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

General

23 October, 2019

Grapevine: IHH to scale down in India; ORIX may buy into Embassy unit

Malaysia’s IHH Healthcare is planning to reduce its India footprint by cashing out of its 62.2% stake in Hyderabad-based...

Grapevine: Brookfield eyes Sri Chaitanya schools; PayU sets sight on MobiKwik unit

General

22 October, 2019

Grapevine: Brookfield eyes Sri Chaitanya schools; PayU sets sight on MobiKwik unit

Canada’s Brookfield Asset Management Inc. is looking to buy school chain Sri Chaitanya from its promoters and private equity...

Grapevine: Global energy majors circle BPCL; K Raheja Group to buy Novotel in Pune

General

21 October, 2019

Grapevine: Global energy majors circle BPCL; K Raheja Group to buy Novotel in Pune

Companies including Saudi Aramco, Rosneft, Kuwait Petroleum, ExxonMobil, Shell, Total SA and Abu Dhabi National Oil Co. are likely...

Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy

General

18 October, 2019

Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy

Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW,...

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