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IL&FS's energy advisory business lands up on chopping block

Infrastructure

26 November, 2020

IL&FS's energy advisory business lands up on chopping block

Debt-laden Infrastructure Leasing & Financial Services Ltd has put the energy advisory business of IL&FS Energy Development Company Ltd (IEDCL) ......

Grapevine: Investcorp to lead funding for Ecom Express; IL&FS to sell corporate home

General

14 October, 2020

Grapevine: Investcorp to lead funding for Ecom Express; IL&FS to sell corporate home

Digital logistics and warehousing firm Ecom Express is in advanced talks to raise up to $40 million (Rs 293 crore) ......

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

General

05 October, 2020

Grapevine: RIL calls off Viacom18-Sony merger; ESR eyes Embassy Industrial Parks

Following a strategic rethink, Viacom18 Media’s indirect majority shareholder Reliance Industries Ltd (RIL) has called off the proposed merger of ......

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both sides ......

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

General

21 August, 2020

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance ......

Moody's India arm ICRA hires former L&T exec as CEO

Finance

29 July, 2020

Moody's India arm ICRA hires former L&T exec as CEO

Ratings firm ICRA Ltd, the local arm of global giant Moody’s, has appointed a former Larsen & Toubro Ltd executive ......

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

General

07 July, 2020

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students ......

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure

27 May, 2020

IL&FS gets court nod to sell GIFT City stake to Gujarat govt

Infrastructure Leasing & Financial Services Ltd (IL&FS) has received an insolvency court’s approval to sell its 50% stake in Gujarat ......

IL&FS sells entire stake in wind energy business to Orix

Infrastructure

16 April, 2020

IL&FS sells entire stake in wind energy business to Orix

Infrastructure Leasing & Financial Services (IL&FS) said it has completed the sale of its wind energy business to its Japanese ......

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