Reliance Group’s general insurance arm shelves IPO plans
Anil Ambani-led Reliance Group has put off plans to take its general insurance business public nearly a year after Reliance General...
SWFs, pension funds line up for a stake in Kotak Mahindra Bank
Uday Kotak, the promoter and single-largest shareholder of Kotak Mahindra Bank Ltd, sold a 2.8% stake in the private-sector lender...
SoftBank spends $2.5 bn to get second Vision Fund off the ground
SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter...
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal guarantee...
WeWork names Brookfield exec Sandeep Mathrani as CEO
SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani...
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,...
Co-working might consolidate but co-living far from shakeout: Panellists at VCCircle summit
Consolidation in co-working looks inevitable amid pandemic while mergers and acquisitions for the nascent co-living segment are...
Bharti Telecom raises $1.15 bn via stake sale in Airtel to repay debt
Bharti Telecom Ltd, the promoter company of Bharti Airtel Ltd, sold a 2.75% stake in the mobile-phone operator for Rs 8,433 crore...
Leap Green Energy’s woes remain despite fresh debt funding
Narain Karthikeyan, India’s first Formula One racing driver is used to being in the fast lane. So, when his Coimbatore,...
Myelin Foundry raises funding from Infosys co-founder’s family office
Myelin Foundry Pvt. Ltd, which operates an eponymous deep technology startup focussed on streamlining content creation, has raised...
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