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Reliance-controlled Embibe set to acquire ed-tech startup, VCs to take haircut

TMT

11 December, 2019

Reliance-controlled Embibe set to acquire ed-tech startup, VCs to take haircut

Ed-tech startup Embibe, which is majority-owned by Reliance Industries Ltd, is in advanced stages of discussion to acquire a peer ......

Premium
Brookfield brings in two LPs as co-investors in India's biggest private equity deal

TMT

11 December, 2019

Brookfield brings in two LPs as co-investors in India's biggest private equity deal

Canadian investment firm Brookfield Asset Management Inc. has found two co-investors to support its marquee deal to buy the tower ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Times Group said to be in talks to buy Reliance's news biz; RIL denies report

TMT

28 November, 2019

Times Group said to be in talks to buy Reliance's news biz; RIL denies report

India’s Reliance Industries Ltd, controlled by Asia’s richest man Mukesh Ambani, on Thursday denied a Bloomberg report that it was ......

Sony in talks to buy stake in Mukesh Ambani's Network18 Media: Report

TMT

21 November, 2019

Sony in talks to buy stake in Mukesh Ambani's Network18 Media: Report

Japan’s Sony Corp is in talks to acquire a stake in Indian billionaire Mukesh Ambani’s TV business, Network18 Media & Investments ......

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

General

20 November, 2019

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

Mobile marketing and advertising firm InMobi is in talks to acquire video-sharing platform Roposo, a media report said. Citing four sources ......

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

General

15 November, 2019

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

Private equity firm ChrysCapital is considering investing around Rs 500 crore ($69.6 million at current exchange rate) in RBL Bank, ......

Reliance Industries hikes stake in US-based pod car developer SkyTran

TMT

08 November, 2019

Reliance Industries hikes stake in US-based pod car developer SkyTran

Reliance Industries Ltd has increased its stake in US-based SkyTran Inc., a venture-funded technology company that is developing pod car ......

Grapevine: Haldiram in race for Lavasa; RIL's fibre asset sale plan hits a snag

General

31 October, 2019

Grapevine: Haldiram in race for Lavasa; RIL's fibre asset sale plan hits a snag

Haldiram Snacks has made an offer to take over Lavasa Corporation, a media report said, triggering a rally in the ......

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Economy

29 October, 2019

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Prime Minister Narendra Modi said on Tuesday Saudi Arabia will invest in downstream oil and gas projects in India as ......