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Grapevine: KKR mulls JB Pharma sale; Bharti eyes Del Monte JV exit

General

29 February, 2024

Grapevine: KKR mulls JB Pharma sale; Bharti eyes Del Monte JV exit

Private equity firm KKR & Co. is exploring options for a potential sale of its 53.8% controlling stake in Mumbai-based ......

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

General

25 January, 2021

Grapevine: PEs eye Luminous; Tata Steel hits hurdle in Dutch unit sale

At least three global private equity firms are in a race to acquire power equipment firm Luminous Power Technologies from ......

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

General

31 December, 2020

Grapevine: Adani, others bid for solar tender; IDBI Bank to complete stake sale in JV

The Adani Group has bid for the entire 6.4 gigawatt (GW) capacity aimed at powering the farms of Andhra Pradesh ......

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over a ......

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

Economy

19 October, 2020

Govt asks state-run firms to consider buybacks in move to bridge fiscal gap

India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......

Nifty, Sensex rise for fifth day, lenders soar

Markets

07 July, 2020

Nifty, Sensex rise for fifth day, lenders soar

Indian shares closed higher for a fifth straight session on Tuesday, as gains in IT and beaten down financial companies ......

NTPC keen to buy Reliance Group's Delhi power distribution units

Infrastructure

28 May, 2020

NTPC keen to buy Reliance Group's Delhi power distribution units

India’s largest electricity generator NTPC Ltd said it was interested in buying a majority stake in Reliance Group’s power distribution ......

NTPC to buy out govt from two hydel firms

Infrastructure

27 March, 2020

NTPC to buy out govt from two hydel firms

India’s largest power producer, government-owned NTPC Ltd, has said it will acquire entire central government stakes in two hydropower companies ......

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

General

02 January, 2020

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd, two people ......

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

Infrastructure

21 November, 2019

Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive

India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......