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Vedanta Group gets bankers' nod to buy 13 Videocon companies

Manufacturing

17 December, 2020

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 ......

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: 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: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects

General

21 September, 2020

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 ......

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

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 ......

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

General

22 June, 2020

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 ......

Grapevine: Apax, Carlyle, Advent eye Emcure stake; Adani, Vedanta circle Lanco plant

General

12 February, 2020

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% ......

Nifty, Sensex fall for second day as China virus fears persist

Markets

28 January, 2020

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 ......

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

General

22 January, 2020

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 ......

Sensex, Nifty recover after report rekindles US-China trade deal hopes

Markets

04 December, 2019

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 ......