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Bharti Enterprises

Grapevine: Temasek may invest in Zomato; Coatue may lead funding for Vedantu

General

30 June, 2020

Grapevine: Temasek may invest in Zomato; Coatue may lead funding for Vedantu

Singapore’s Temasek is in discussions to invest up to $100 million (Rs 755 crore at current exchange rate) in online ......

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

General

03 October, 2019

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......

Bharti family pledges $1.1 bn for philanthropy

Finance

23 November, 2017

Bharti family pledges $1.1 bn for philanthropy

The Bharti family has pledged Rs 7,000 crore (around $1.1 billion), or 10% of its wealth, to support activities of ......

Messaging app Hike acqui-hires Tewee maker Creo

TMT

11 August, 2017

Messaging app Hike acqui-hires Tewee maker Creo

Hike Messenger has acqui-hired Bangalore-based technology startup Creo, a company statement said.Creo, the maker of HDMI media streaming device Teewe, ......

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Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Infrastructure

10 May, 2017

Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, is set to acquire several ......

Bharti Enterprises appoints Sam Ghosh to lead financial services biz

People

03 May, 2017

Bharti Enterprises appoints Sam Ghosh to lead financial services biz

Bharti Enterprises has appointed insurance industry veteran Soumen (Sam) Ghosh as managing director of its financial services business, which includes ......

Aditya Birla Group ties up with Lotus Renewable to launch $100 mn fund

General

02 March, 2017

Aditya Birla Group ties up with Lotus Renewable to launch $100 mn fund

Kumar Mangalam Birla-controlled diversified business conglomerate Aditya Birla Group has joined hands with Sri Lanka-based Lotus Renewable Energy Pvt. Ltd ......

Tencent, Foxconn lead $175 mn round in messaging app Hike

TMT

16 August, 2016

Tencent, Foxconn lead $175 mn round in messaging app Hike

Messaging app Hike Ltd has raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group ......