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Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

General

16 December, 2019

Grapevine: Uber may invest in Zomato-UberEats; Essel may sell rest of solar to Adani

Food delivery app Zomato is in advanced talks to buy UberEats and as part of the deal ride-hailing major Uber ......

Essel Group to sell more stake in Zee Entertainment to Oppenheimer fund, others

TMT

20 November, 2019

Essel Group to sell more stake in Zee Entertainment to Oppenheimer fund, others

Media tycoon Subhash Chandra-led Essel Group said on Wednesday it is planning to sell a 16.5% stake in Zee Entertainment ......

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

General

19 November, 2019

Grapevine: EuroKids in talks to buy Kidzee; Indonesian billionaire eyes Videocon

Playschool chain EuroKids is in preliminary talks to acquire the Essel Group-operated Kidzee for between Rs 1,000 and Rs 1,200 ......

Grapevine: Haldiram in race for Lavasa; RIL's fibre asset sale plan hits a snag

General

31 October, 2019

Grapevine: Haldiram in race for Lavasa; RIL's fibre asset sale plan hits a snag

Haldiram Snacks has made an offer to take over Lavasa Corporation, a media report said, triggering a rally in the ......

Grapevine: Tiger, others may invest in Freshworks; Essel may sell 6 roads to NIIF

General

17 October, 2019

Grapevine: Tiger, others may invest in Freshworks; Essel may sell 6 roads to NIIF

Freshworks Inc., one of India’s largest software-as-a-service (SaaS) companies, is looking to raise a fresh round of funding at a ......

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

General

20 September, 2019

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

Qatar Investment Authority is in negotiations to buy up to 25% stake in Adani Group’s flagship power transmission and distribution ......

Adani to acquire Essel's solar energy projects for $181 mn

Infrastructure

29 August, 2019

Adani to acquire Essel's solar energy projects for $181 mn

Billionaire Gautam Adani-controlled Adani group said on Thursday it will acquire 10 operating solar energy assets of the beleaguered Essel ......

Grapevine: NIIF, I Squared platform eye road assets; IIFL Wealth circles L&T unit

General

07 August, 2019

Grapevine: NIIF, I Squared platform eye road assets; IIFL Wealth circles L&T unit

Singapore-based infrastructure investment platform Cube Highways and Infrastructure is looking to acquire Ircon Soma Tollway Pvt. Ltd, a joint venture ......

Invesco Oppenheimer fund to buy additional 11% stake in Zee Entertainment

TMT

31 July, 2019

Invesco Oppenheimer fund to buy additional 11% stake in Zee Entertainment

Essel Group said on Wednesday that the Invesco Oppenheimer Developing Markets Fund has agreed to acquire an additional stake of ......

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Essel Group sells gas distribution unit to diversified conglomerate

Infrastructure

27 June, 2019

Essel Group sells gas distribution unit to diversified conglomerate

The Subhash Chandra-led Essel Group has offloaded its city gas distribution business to another diversified conglomerate that recently forayed into ......