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Grapevine: Udaan eyes $2.7 bn valuation in new round; Canadian funds in race for GIP's road assets
Business-to-business e-commerce platform Udaan is looking to raise $500 million in new round of funding that it is likely to ......
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Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya
The distressed assets segment saw more action this week with at least one more well-known company reaching a resolution while...
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Grapevine: AION nears Adlabs control deal; Airtel-Dish TV pact hits hurdle
Blackstone, the world’s largest private equity firm, will infuse $250 million (Rs 1,726.4 crore at current exchange rate)...
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Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz
InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address...
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Grapevine: Brookfield faces roadblock to Suzlon; Sachin Bansal invests in Kissht
Brookfield Asset Management Inc.’s plan to acquire Suzlon Energy Ltd has hit a roadblock as the Canadian investor has asked...
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Govt moves bills in parliament to overhaul labour laws
India moved on Tuesday to overhaul decades-old labour laws, some dating from British colonial rule, by introducing two key measures...
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Should Indian companies strike a big M&A or follow a string-of-pearls strategy?
As Indian companies grow big they face the question of whether to buy a large asset or strike a number ......
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Grapevine: Tata Realty may sell roads biz to GIC; Temasek to exit Assetz Park
Tata Realty and Infrastructure, a wholly-owned unit of Tata Sons, is in preliminary talks with Singaporean sovereign fund GIC...
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Grapevine: ShopClues swings axe on 50% staff; IFC, others mull Azure Power stake sale
Gurugram-based online retailer ShopClues has let go about 50% of its workforce, downsizing from about 400 to around 200 employees,...
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Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions
The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and...
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