Shubhobrota Dev Roy
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Grapevine: HZL unlikely to buy Vedanta's zinc business; RK Swamy to launch IPO
Facing strong opposition from the government, Hindustan Zinc Ltd (HZL) is unlikely to act on the proposal to buy parent ......
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Grapevine: Byju's rakes in $700 mn at flat valuation; Megha Engineering concludes Lanco Anpara deal
Edtech major Byju’s has raised $700 million at a flat valuation of $22 billion, involving two separate deals of equity ......
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Grapevine: Nuveen buys into Aviom; Nestle eyes PE-backed Capital Foods
Nuveen, an American investment manager with over $1.1 trillion of assets under management, has invested $30 million in Aviom India ......
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Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale
Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) platform ZestMoney, after months ......
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Grapevine: Piramal, TPG set to exit Shriram General Insurance
Private equity firm TPG and Ajay Piramal-led Piramal Group are on the verge of selling their combined stake of about ......
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Grapevine: Arcil highest bidder for Xrbia; Coca-Cola's bottling divestment resumes
Avenue Capital-backed Asset Reconstruction Company of India (Arcil) has emerged as the highest bidder for L&T Finance’s real estate portfolio ......
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Grapevine: Adani, RIL opt out of SKS Power race; Oyo to trim planned IPO
Adani Group and Reliance Industries have not submitted revised bids for SKS Power Generation, making it a five-way contest for ......
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Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans
With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has reached out ......
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Grapevine: Ola Electric eyes fresh funding; Jupiter Hospital plans IPO
Electric two-wheeler company Ola Electric Mobility is planning to raise a fresh round of $250-300 million in growth equity to ......
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Grapevine: PE backers looking to offload stake in FabIndia; NIIF to launch maiden InvIT
Ethnic apparel retailer FabIndia and some of its private equity investors are looking to sell shares to financial investors to ......