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Grapevine: Bain, KKR, CPPIB eye new deals; Advent moves ahead with twin exits

General

20 December, 2023

Grapevine: Bain, KKR, CPPIB eye new deals; Advent moves ahead with twin exits

Bain Capital Private equity player Bain Capital, which recently raked in $448 million after offloading 1.1% stake in private lender Axis ......

COVID deals new blow to foreign carmakers' Indian dream

Consumer

18 June, 2021

COVID deals new blow to foreign carmakers' Indian dream

Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections ......

Ford to decide on India investment plan in second half of 2021

Consumer

30 April, 2021

Ford to decide on India investment plan in second half of 2021

Ford Motor Co expects to firm up capital allocation plans for India in the second half of 2021, a senior ......

Ford and Mahindra to end collaboration on all projects in India

Consumer

01 April, 2021

Ford and Mahindra to end collaboration on all projects in India

Ford Motor Co and Mahindra & Mahindra will not collaborate on any project they had agreed to as part of ......

India to launch supercharged push for global electric vehicle players

Manufacturing

23 March, 2021

India to launch supercharged push for global electric vehicle players

India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme ......

Zee, Sony call off stake sale talks; Sequoia Capital plans seed fund

General

03 April, 2019

Zee, Sony call off stake sale talks; Sequoia Capital plans seed fund

A potential deal between media baron Subhash Chandra-led Zee Entertainment Enterprises Ltd and Japan’s Sony Corporation has been scrapped over ......

Mahindra & Mahindra leads $40 mn Series C round in car rental startup Zoomcar

TMT

16 February, 2018

Mahindra & Mahindra leads $40 mn Series C round in car rental startup Zoomcar

Automotive major Mahindra & Mahindra Ltd has picked up a 16% stake in self-drive car rental startup Zoomcar for $27.6 ......

Intel forges deals in film, motor sports to push AI play

TMT

22 January, 2018

Intel forges deals in film, motor sports to push AI play

Chipmaker Intel Corporation is pushing its artificial intelligence capabilities by striking partnerships in industries such as motor sports and film ......

VCC Startups Weekly Wrap: Rivigo to enter unicorn club; Zoomcar to sign $50-mn deal

TMT

13 January, 2018

VCC Startups Weekly Wrap: Rivigo to enter unicorn club; Zoomcar to sign $50-mn deal

Unicorns – the newest and oldest – continue to make headlines. The biggest newsmaker of the week was online logistics ......

TVS Motor buys into electric two-wheeler startup Ultraviolette

Manufacturing

08 December, 2017

TVS Motor buys into electric two-wheeler startup Ultraviolette

TVS Motor Company Ltd has acquired a 14.78% stake in electric bike maker Ultraviolette Automotive Pvt. Ltd for Rs 5 ......