Vedanta
Manufacturing
Vedanta Group gets bankers' nod to buy 13 Videocon companies
Billionaire businessman Anil Agarwal's family firm got bankers’ approval on Wednesday to acquire 13 companies of insolvent consumer appliances maker ......
General
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 ......
General
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 ......
General
Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects
Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US ......
General
Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva
The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......
General
Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets
Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire L&T Mutual Fund with Rs ......
General
Grapevine: Apax, Carlyle, Advent eye Emcure stake; Adani, Vedanta circle Lanco plant
Global private equity funds including Apax Partners, Carlyle and Advent International are separately exploring options to acquire up to 15% ......
Markets
Nifty, Sensex fall for second day as China virus fears persist
Indian shares on Tuesday gave up early gains to settle lower for a second straight day, as worries persisted about ......
General
Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn
India’s largest lender, State Bank of India (SBI), received bids from Prem Watsa’s Fairfax, Edelweiss Securities and Kotak Securities, among ......
Markets
Sensex, Nifty recover after report rekindles US-China trade deal hopes
Indian shares reversed course to end higher on Wednesday, snapping a three-day losing streak, after a media report said the ......