Air India
Finance
After Cairn, Devas sues Air India to recover $1.5 bn award
Shareholders in Devas Multimedia have sued Air India in an effort to recover sums Devas won in arbitration awards against ......
General
Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block
Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......
General
Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round
Byju’s is looking to raise up to $600 million (Rs 4,345 crore) at a valuation of up to $14 billion ......
General
Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks
The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates...
General
Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India
Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT...
Manufacturing
Govt invites initial bids for 26% stake in state-run BEML
India has invited initial bids from private firms for a 26% stake in state-owned defence and engineering company BEML Ltd, ......
Economy
Govt eyes asset sales to partly fund higher spending next year
India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects,...
General
Grapevine: Yuri Milner to invest in Rupeek; Interups backs out of Air India race
Yuri Milner, the billionaire chief of global technology fund DST Global, is in advanced discussions to back gold-loans startup...
Infrastructure
Tata Sons, others submit initial bids for Air India
The Indian government said on Twitter it has received multiple bids for its stake in state-run carrier Air India, the ......
General
Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete
Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......
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