Bharti Airtel
Consumer
Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding
Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......
General
Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds
Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary ......
TMT
Bharti Airtel's Africa unit set to bag a big cheque from offshore investor
Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......
General
Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake
Private equity firm General Atlantic is in talks with investment banks for an initial public offering (IPO) of its majority-owned portfolio company, ......
General
Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre
ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, ......
Consumer
Deals Digest: Companies raise $2.75 bn this week; DealShare, Darwinbox turn unicorns
Companies raised $2.75 billion in venture capital (VC) and private equity (PE) funding this week, helped by two massive investments ......
Finance
Infrastructure pumps up M&A value in post-pandemic quarter
The pandemic has been plotting a comeback in April. The January-March period, by contrast, was seen as a post-pandemic quarter ......
TMT
Marquee PE firm in talks to buy controlling stake in internet service provider ACT
A global private equity firm is in control-deal talks with Atria Convergence Technologies Ltd (ACT), India’s largest non-telco internet service ......
Finance
India Inc's legal costs soar most in four years; Reliance regains top rank
India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......
Infrastructure
Temasek takes haircut as it trims stake in second bet on infra firm
Singapore’s Temasek Holdings appears to have taken another haircut on its investment in an Indian infrastructure company. The state-owned private-equity style ......