Vedanta
TMT
Foxconn-Vedanta's $19.5 bn chipmaking JV falls through
Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion joint venture with Indian metals-to-oil conglomerate Vedanta, in ......
Manufacturing
Vedanta hires Holcim exec Sonal Shrivastava as CFO
Indian resources conglomerate Vedanta Ltd on Monday named Holcim AG executive Sonal Shrivastava as its new chief financial officer, effective ......
General
Grapevine: Vedanta, Torrent eye Coastal Energen; Omega Seiki seeks PE funding
Power generation company Coastal Energen, which is undergoing an insolvency process, has attracted interests from a clutch of buyers that ......
Manufacturing
Hindustan Zinc's $3-bn bid to buy Vedanta's assets lapses
Hindustan Zinc Ltd's proposal to buy certain zinc assets from Vedanta Group for $2.98 billion in cash has lapsed as ......
General
Grapevine: Blackstone to sell stake in IBS; Former Godrej Properties CEO's new venture
Private equity groups Apax Partners, CVC Capital and Thomas H. Lee Partners (TH Lee) are vying to acquire a minority ......
General
Grapevine: Vedanta may raise up to $2 bn; Nalwa highest bidder for McNally Bharat
US hedge fund Farallon Capital Management is in advanced negotiations to provide $1.5-2 billion funding to Vedanta, The Economic Times ......
General
Grapevine: HZL unlikely to buy Vedanta's zinc business; RK Swamy to launch IPO
Facing strong opposition from the government, Hindustan Zinc Ltd (HZL) is unlikely to act on the proposal to buy parent ......
TMT
Deals Digest: Fintech cos lead funding race this week
Financial services sector took the front seat in funding activity this week, which also saw Walmart-owned digital payments app PhonePe ......
Infrastructure
Sterlite Power waiting it out, to roll IPO depending on market demand
Vedanta Group unit Sterlite Power Transmission Ltd is waiting for market conditions to turn favourable before it launches a planned ......
Consumer
Fresh bids for Videocon Industries by Feb 2 after Vedanta Group's bid rejected
State Bank of India (SBI)-led consortium of lenders of have invited fresh expressions of interest (EoIs) for debt-ridden Videocon Industries ......