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GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

General

12 October, 2023

GoFirst gets EoI from Jindal Power, Wadias to stay away from bidding

Grounded airline Go First has received an expression of interest (EoI) from Jindal Power Ltd, two banking sources and two people aware of ......

Bombay Dyeing to sell Mumbai land parcel to Japan's Sumitomo for $627 mn

Infrastructure

13 September, 2023

Bombay Dyeing to sell Mumbai land parcel to Japan's Sumitomo for $627 mn

India's Bombay Dyeing and Manufacturing Co Ltd will sell a land parcel in Mumbai for about 52 billion rupees ($626.62 ......

Sunway Group to buy Wadia Group's medical devices firm

Healthcare

08 February, 2021

Sunway Group to buy Wadia Group's medical devices firm

Mumbai-based Sunway Group, a medium-sized pharmaceuticals company, has signed a definitive agreement to acquire medical devices maker Inor Medical Products ......

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......

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

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 ......

Former Wadia Group firm director Ashok Panjwani joins Singhi Advisors

People

18 January, 2018

Former Wadia Group firm director Ashok Panjwani joins Singhi Advisors

Boutique investment bank Singhi Advisors has hired former director of Wadia Group firm Bombay Burmah Trading, Ashok Panjwani to head ......

Wadia Group buys European partner's stake in National Peroxide

Manufacturing

29 March, 2017

Wadia Group buys European partner's stake in National Peroxide

Wadia Group has increased its holding in specialty chemicals maker National Peroxide Ltd (NPL) to about 70.5% by buying out ......