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Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

General

30 November, 2020

Grapevine: Vedanta, DP World eye Shipping Corp; Shapoorji-ADIA deal on hold

Vedanta and Dubai’s DP World have shown interest in acquiring a stake in Shipping Corporation of India (SCI), The Economic ......

Grapevine: Tatas rejects Interups' buyout offer for AirAsia India JV partner

General

30 October, 2020

Grapevine: Tatas rejects Interups' buyout offer for AirAsia India JV partner

The Tata group has refused an offer from US-based fund Interups Inc. to buy out its Malaysian joint venture (JV) ......

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

General

05 October, 2020

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

Following a strategic rethink, Viacom18 Media’s indirect majority shareholder Reliance Industries Ltd (RIL) has called off the proposed merger of ......

Grapevine: Tatas seek financial partner for Air India; Zomato eyes $200 mn from Tiger Global

General

12 August, 2020

Grapevine: Tatas seek financial partner for Air India; Zomato eyes $200 mn from Tiger Global

The steel-to-software Tata group is seeking financial partners to join its bid for national carrier Air India, a media report ......

Tatas may end AirAsia JV; Bharti Infratel may buy Vodafone Idea's fibre assets

General

16 November, 2018

Tatas may end AirAsia JV; Bharti Infratel may buy Vodafone Idea's fibre assets

Tata Sons is in initial talks to end its joint venture, AirAsia India, with Malaysia’s AirAsia Bhd, The Economic Times ......

Coca-Cola, Cadila eye Kraft consumer biz; Tata Sons may up stake in AirAsia India

General

06 September, 2018

Coca-Cola, Cadila eye Kraft consumer biz; Tata Sons may up stake in AirAsia India

Beverage major Coca-Cola Co. and Indian drugmaker Zydus Cadila are among the potential bidders for the Indian consumer division of ......

Mittu Chandilya moves court seeking $4 mn in damages from AirAsia, Deloitte

Infrastructure

25 November, 2016

Mittu Chandilya moves court seeking $4 mn in damages from AirAsia, Deloitte

Former AirAsia India CEO Mittu Chandilya has approached a civil court in Bengaluru against the low-cost airline and audit firm ......

Regional carrier Air Costa in talks with foreign airlines for strategic stake sale

Infrastructure

05 October, 2016

Regional carrier Air Costa in talks with foreign airlines for strategic stake sale

Air Costa is at "advanced stages" of discussions with foreign carriers, including those from the Gulf, for a possible stake ......

Cabinet clears civil aviation policy, eases overseas flying norms

Infrastructure

17 June, 2016

Cabinet clears civil aviation policy, eases overseas flying norms

The Union Cabinet on Wednesday gave its green signal to the civil aviation policy that will allow newer domestic carriers ......