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Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

General

20 February, 2024

Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

General

05 May, 2023

Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding

Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a clutch of buyers that ......

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Sembcorp agrees to buy Vector Green Energy

Infrastructure

10 November, 2022

Sembcorp agrees to buy Vector Green Energy

Singapore’s Sembcorp Industries Ltd has agreed to buy US private equity firm Global Infrastructure Partners’ Vector Green Energy platform at ......

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 ......

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

General

17 June, 2020

Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts

Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two Delhi ......

Grapevine: Tatas, others join race for R-Infra Delhi discoms; Creador leads Shriji stake race

General

15 May, 2020

Grapevine: Tatas, others join race for R-Infra Delhi discoms; Creador leads Shriji stake race

Tata and Adani groups as well as power utility company CESC Ltd are aiming to join the race for 51% ......

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Essel Group sells gas distribution unit to diversified conglomerate

Infrastructure

27 June, 2019

Essel Group sells gas distribution unit to diversified conglomerate

The Subhash Chandra-led Essel Group has offloaded its city gas distribution business to another diversified conglomerate that recently forayed into ......

Adani, Torrent eye Brazil power firms; AMD Ventures may raise India-focussed fund

General

05 April, 2018

Adani, Torrent eye Brazil power firms; AMD Ventures may raise India-focussed fund

Adani Group and Torrent Power are among the Indian companies that have evinced interest in acquiring six power distribution subsidiaries ......

TPG consortium eyes Tata Tele's fibre assets; Tata Power, Adani bid for Odisha discom

General

25 January, 2018

TPG consortium eyes Tata Tele's fibre assets; Tata Power, Adani bid for Odisha discom

Tata Power, Adani Group, Torrent Power and Greenko Group are looking to acquire Central Electricity Supply Utility of Odisha, a ......