Ankit Agarwal
Consumer
Grapevine: Reliance in race to buy British retailer Debenhams
Billionaire Mukesh Ambani-led Reliance Retail has emerged as a surprise contender to acquire part or all of the 242-year-old UK-based ......
Consumer
Consumer firms scarred in June quarter as shoppers swerve most in pandemic
Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full ......
General
Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm
Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......
General
Grapevine: Petronas eyes stake in Tata Power units; Piramal glass biz draws more suitors
Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) is eyeing a 10% stake in the wholly-owned clean energy unit of ......
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 ......
TMT
Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?
Perfios Software Solutions Pvt. Ltd’s topline over the past four financial years shows the firm has well harnessed the blooming ......
Infrastructure
How valuations of solar energy assets changed as dealmaking perked up
In early 2015, the Narendra Modi government increased by five-fold India’s target for installed solar energy capacity to 100 gigawatt ......
General
Grapevine: Badshah Masala promoters part ways
A strategic internal restructuring exercise has been executed in one of India’s oldest spice makers, Badshah Masala, people with knowledge ......
General
Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit
Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......
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 ......