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UAE's ADIA to invest $750 mn in GMR Group's debt

Infrastructure

23 October, 2024

UAE's ADIA to invest $750 mn in GMR Group's debt

Abu Dhabi Investment Authority (ADIA), the UAE's largest sovereign wealth fund, will invest about $750 million in the debt of ......

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Japan's Sumitomo explores flying into Indian airport sector

Infrastructure

05 September, 2024

Japan's Sumitomo explores flying into Indian airport sector

Japanese conglomerate Sumitomo Corp is likely to have weighed the possibility of entering the Indian aviation sector by acquiring a ......

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I Squared Capital's smart metering firm bags another big-ticket contract

Infrastructure

08 May, 2024

I Squared Capital's smart metering firm bags another big-ticket contract

A company controlled by global private equity fund I Squared Capital has won a major contract to install smart electricity meters ......

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GMR arm mulls fresh PE funding for kickstarting smart meter project

Infrastructure

08 December, 2023

GMR arm mulls fresh PE funding for kickstarting smart meter project

Indian conglomerate GMR Group’s arm GMR Power and Urban Infra Ltd is planning to raise fresh funding from institutional investors ......

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Gaming firm Fantasy Akhada to sell majority stake in GMR Sports

TMT

05 January, 2023

Gaming firm Fantasy Akhada to sell majority stake in GMR Sports

Fantasy gaming startup Fantasy Akhada is in talks to sell a significant stake to GMR Sports, a GMR Group entity, ......

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over a ......

GMR Infrastructure to sell stake in Kakinada SEZ for $354 mn

Infrastructure

25 September, 2020

GMR Infrastructure to sell stake in Kakinada SEZ for $354 mn

GMR Infrastructure Ltd said Friday it is selling its entire stake in a company that is building a port-based special ......

GMR Infrastructure to carve out non-airport business in group restructuring

Infrastructure

27 August, 2020

GMR Infrastructure to carve out non-airport business in group restructuring

Energy and construction major GMR Infrastructure Ltd said Thursday it will demerge its non-airport businesses into another company and become ......

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

General

29 June, 2020

Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio

Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......

Yes Bank to raise $2 bn via preferential share issue

Finance

02 December, 2019

Yes Bank to raise $2 bn via preferential share issue

Yes Bank Ltd aims to raise up to $2 billion in a massive issue of new shares to institutional investors ......