InvIT

General

12 June, 2020

Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon

US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......

General

11 June, 2020

Grapevine: Reliance, Samara eye stake in Future Retail; Good Host buys varsity facilities

Several suitors including Reliance Retail Ltd and private equity firm Samara Capital are looking to buy a stake in Kishore ......

General

05 June, 2020

Grapevine: HDFC may raise at least $1 bn; Petronas may invest in Tata Power's InvIT

Mortgage lender HDFC is looking to raise at least $1 billion (Rs 7,540 crore at current exchange rate) through a ......

General

19 February, 2020

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 ......

General

27 December, 2019

Grapevine: Zydus Cadila may sell two units; Lodha Group looking to raise $210 mn

Drugmaker Zydus Cadila is in preliminary talks with several strategic and private equity investors to sell two of its divisions ......

Infrastructure

29 November, 2019

IL&FS Transportation board approves setting up of arm to manage InvIT

The board of IL&FS Transportation Networks Ltd has approved the setting up of a new arm to manage a proposed ......

Infrastructure

28 November, 2019

Tata Power seeks global investors for renewable portfolio

India’s Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in ......

Premium

Infrastructure

27 November, 2019

IRB's growth metrics look up but can they level the road firm's mountain of debt?

Earlier this month, the National Highways Authority of India (NHAI) terminated two projects that were awarded to roads developer IRB ......

Premium

Markets

18 October, 2019

Loosened lending rules stoke optimism for fledgling InvIT market

Previously, banks were allowed to lend money to infrastructure investment trusts or InvITs at the level of the special purpose ......

Premium

Infrastructure

04 October, 2019

IndiGrid has given better returns than G-Sec, broader stock indices in 2 years: CEO

India Grid Trust (IndiGrid) made a tepid stock market debut in June 2017 and has only 3,700 investors so far. ......