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Tata Sons, others submit initial bids for Air India

Infrastructure

14 December, 2020

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 ......

Tata Consumer Products divests Australian coffee biz

Consumer

09 December, 2020

Tata Consumer Products divests Australian coffee biz

Tata Consumer Products Ltd has divested its Australian coffee business to Buccheri Group Pty Ltd, which markets its offerings under ......

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

General

02 December, 2020

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

The Tata group, after five months of negotiations, has agreed on the deal structure to buy about 80% stake in ......

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

General

01 December, 2020

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

The Tata group’s offer to buy the Coffee Day Group’s vending machine business has hit a hurdle with top-two lenders ......

Malaysian carrier AirAsia hints at possible exit from India

Infrastructure

17 November, 2020

Malaysian carrier AirAsia hints at possible exit from India

Malaysia's flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India, saying ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740 ......

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

General

06 November, 2020

Grapevine: PE firms eye stake in GVK Biosciences; Tatas mull control deal for 1mg

Global private equity funds Warburg Pincus, General Atlantic and Apax Partners have shown interest to acquire close to a 25% ......

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: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

General

28 October, 2020

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

The Tata Group is in active talks to acquire a controlling stake in online grocery platform Bigbasket, according to several ......

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

General

22 October, 2020

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

Payment gateway startup Cashfree is in advanced talks to raise up to $25 million (about Rs 184 crore) from new ......