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Grapevine: TPG, others eye stake in FirstCry

General

17 February, 2021

Grapevine: TPG, others eye stake in FirstCry

TPG Growth, PremjiInvest and ChrysCapital are in advanced talks to pick up stakes in SoftBank-backed FirstCry in a round worth ......

Tata Group to buy majority stake in BigBasket for $1.3 bn

TMT

16 February, 2021

Tata Group to buy majority stake in BigBasket for $1.3 bn

India's Tata Group will buy a 68% stake in online grocery startup BigBasket for about Rs 9,500 crore ($1.31 billion), ......

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

General

29 January, 2021

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT firm ......

Tata Sons to acquire AirAsia's stake in airline JV

Infrastructure

29 December, 2020

Tata Sons to acquire AirAsia's stake in airline JV

Tata Sons Pvt. Ltd, the holding company of the software-to-steel conglomerate, has signed a pact with Malaysian budget carrier AirAsia ......

Tata Sons, others submit initial bids for Air India

Infrastructure

14 December, 2020

Tata Sons, others submit initial bids for Air India

The Indian government said on Twitter it has received multiple bids for its stake in state-run carrier Air India, the ......

Tata Consumer Products divests Australian coffee biz

Consumer

09 December, 2020

Tata Consumer Products divests Australian coffee biz

Tata Consumer Products Ltd has divested its Australian coffee business to Buccheri Group Pty Ltd, which markets its offerings under ......

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

General

02 December, 2020

Grapevine: Tatas to buy Bigbasket for $1.3 bn; RCap creditors get bids for stake sale

The Tata group, after five months of negotiations, has agreed on the deal structure to buy about 80% stake in ......

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

General

01 December, 2020

Grapevine: Yes Bank, Rabo object to sale of CCD unit; TPG, Advent may invest in Fogg maker

The Tata group’s offer to buy the Coffee Day Group’s vending machine business has hit a hurdle with top-two lenders ......

Malaysian carrier AirAsia hints at possible exit from India

Infrastructure

17 November, 2020

Malaysian carrier AirAsia hints at possible exit from India

Malaysia's flagship budget carrier AirAsia Group Bhd has given its strongest indication to date that it could exit India, saying ......

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

General

10 November, 2020

Grapevine: Zomato to raise funding; ReNew Power sells wind farms to Ayana

New York-based hedge fund D1 Capital and Fidelity Management & Research are expected to invest $100 million (about Rs 740 ......