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Grapevine: Walmart eyes Reliance Retail stake; talks resume for Vodafone stake

General

03 September, 2020

Grapevine: Walmart eyes Reliance Retail stake; talks resume for Vodafone stake

Indian conglomerate Reliance Industries is in discussions to sell a minority stake in its retail arm, Reliance Retail Ventures, to ......

Adani seals deal with GVK to take control of Mumbai airport

Infrastructure

31 August, 2020

Adani seals deal with GVK to take control of Mumbai airport

Billionaire Gautam Adani-led Adani Group has signed a deal to acquire a controlling stake in the Mumbai airport from debt-laden ......

Grapevine: Bidvest moves court against GVK pact with others on Mumbai airport

General

22 July, 2020

Grapevine: Bidvest moves court against GVK pact with others on Mumbai airport

South Africa’s Bidvest has moved the Delhi high court against a pact signed between GVK group and others last year ......

ADIA-backed GVK faces CBI probe for Mumbai airport fraud

Infrastructure

02 July, 2020

ADIA-backed GVK faces CBI probe for Mumbai airport fraud

India’s federal police have filed a criminal complaint against the chairman of conglomerate GVK Group and others for alleged fraud ......

Grapevine: Swiggy looks to raise $500 mn; GVK may get PSP help to ward off Adani

General

15 July, 2019

Grapevine: Swiggy looks to raise $500 mn; GVK may get PSP help to ward off Adani

Food delivery unicorn Swiggy is looking to raise $500 million from existing investors Naspers and Tencent as well as a ......

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Budget 2019: Infrastructure spending to climb but all eyes on discoms' rising debt

Infrastructure

24 June, 2019

Budget 2019: Infrastructure spending to climb but all eyes on discoms' rising debt

Last week, while inaugurating the budget session of parliament, President Ram Nath Kovind said that India will build 35,000 km ......

Adani gets approval for long-delayed Australian coal mine

Manufacturing

13 June, 2019

Adani gets approval for long-delayed Australian coal mine

India's Adani Enterprises on Thursday received the go-ahead to start construction of a controversial coal mine in outback Australia, after ......

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

General

25 October, 2018

GIP, others eye stake in Mumbai airport; 3 suitors start due diligence on GSK biz

Mumbai International Airport Ltd (MIAL) has received non-binding bids for a minority stake from three suitors including US-based private equity ......

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

General

18 September, 2018

AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm

Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in ......

Berkshire Hathaway eyes stake in Paytm; Amazon may invest in Future Group

General

27 August, 2018

Berkshire Hathaway eyes stake in Paytm; Amazon may invest in Future Group

Warren Buffett’s Berkshire Hathaway is in talks to invest Rs 2,000-2,500 crore in One97 Communications in a deal that could ......