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Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

30 April, 2021

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......

Tata Digital gets CCI nod to pick up majority stake in BigBasket

TMT

29 April, 2021

Tata Digital gets CCI nod to pick up majority stake in BigBasket

The Competition Commission of India (CCI) on Wednesday said it has approved Tata Digital’s proposal to acquire a majority stake ......

Quess Corp buys rest of Conneqt Business Solutions from Tata Sons

TMT

16 April, 2021

Quess Corp buys rest of Conneqt Business Solutions from Tata Sons

Business services platform Quess Corp today said it has bought the rest 30% of Conneqt Business Solutions from Tata Sons ......

Fairfax-controlled Quess Corp to buy out Tata Sons from BPO unit

TMT

28 December, 2020

Fairfax-controlled Quess Corp to buy out Tata Sons from BPO unit

Bengaluru-based Quess Corp Ltd is set to buy out Tata Sons from a BPO unit acquired by the Fairfax Group-controlled ......

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 ......

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: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete

General

27 November, 2020

Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete

Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......

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: 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: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

General

14 September, 2020

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

Private equity firm Carlyle Group is looking to invest up to $2 billion (Rs 14,663 crore) in Reliance Retail Ventures ......