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Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

General

Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens

State-owned GAIL (India) Ltd plans to acquire close to 26% stake as a promoter in India’s first ...

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Manufacturing

Electric vehicles maker Pi Beam raises bridge funding from GAIL

Pi Beam Labs Pvt. Ltd, which builds affordable electric utility vehicles, has raised Rs 5 crore ($...

Grapevine: Duracell to buy Eveready biz; WestBridge may take control of Fogg deo maker

General

Grapevine: Duracell to buy Eveready biz; WestBridge may take control of Fogg deo maker

Duracell Inc. is set to acquire Eveready Industries India Ltd’s battery and flashlight business ...

India plans to open up gas distribution market to lure private firms, investments

Infrastructure

India plans to open up gas distribution market to lure private firms, investments

The Indian government will introduce rules in six months that could lead to the phase-out of ...

IL&FS set to sell wind energy assets to GAIL for $689 mn

Infrastructure

IL&FS set to sell wind energy assets to GAIL for $689 mn

State-run GAIL (India) Ltd has emerged as the highest bidder to buy seven operating wind energy ...

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

General

Snapdeal in talks to acquire ShopClues; Canadian funds, Piramal eye GIP road portfolio

Canadian pension funds CPPIB and CDPQ, Italy's Atlantia and billionaire Ajay Piramal-led Piramal...

GAIL might acquire some wind energy assets of IL&FS

Infrastructure

GAIL might acquire some wind energy assets of IL&FS

Gas utility GAIL (India) Ltd might be interested in buying some of the wind assets of debt-laden ...

Indian Oil says willing to acquire GAIL or Oil India

Manufacturing

Indian Oil says willing to acquire GAIL or Oil India

Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company’s ...