IL&FS
General
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) ......
General
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 ......
General
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 ......
General
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 ......
General
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 ......
Finance
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 ......
General
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
General
Grapevine: Investors may double Dream11 valuation; IL&FS likely to set up InvIT
Several investors in fantasy sports platform Dream11 are in talks to undertake a secondary transaction that may value it at ......
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