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IPO-bound CAMS nets $90 mn from GIC, other anchor investors

Finance

19 September, 2020

IPO-bound CAMS nets $90 mn from GIC, other anchor investors

Warburg Pincus-backed Computer Age Management Services Ltd (CAMS) has raised Rs 666.5 crore ($90.5 million) from anchor investors including Singapore ......

Adani seals deal with GVK to take control of Mumbai airport

Infrastructure

31 August, 2020

Adani seals deal with GVK to take control of Mumbai airport

Billionaire Gautam Adani-led Adani Group has signed a deal to acquire a controlling stake in the Mumbai airport from debt-laden ......

How coronavirus is prompting sovereign wealth funds to rethink real estate bets

Infrastructure

24 August, 2020

How coronavirus is prompting sovereign wealth funds to rethink real estate bets

The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. With prime office blocks lying empty around the ......

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

General

24 August, 2020

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

Piramal Capital & Housing Finance (PCHF) is looking to raise a loan of up to $500 million (Rs 3,743 crore) ......

Grapevine: Bidvest moves court against GVK pact with others on Mumbai airport

General

22 July, 2020

Grapevine: Bidvest moves court against GVK pact with others on Mumbai airport

South Africa’s Bidvest has moved the Delhi high court against a pact signed between GVK group and others last year ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

ADIA, Sumeet Nagar's hedge fund among anchor investors in Rossari Biotech's IPO

Manufacturing

10 July, 2020

ADIA, Sumeet Nagar's hedge fund among anchor investors in Rossari Biotech's IPO

Speciality chemicals maker Rossari Biotech Ltd has raised Rs 148.87 crore ($19.8 million) from a bunch of anchor investors including ......

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

General

08 July, 2020

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 7,500 crore) in Reliance ......

Intel chips in with $253 mn for Reliance's Jio Platforms

TMT

03 July, 2020

Intel chips in with $253 mn for Reliance's Jio Platforms

Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......