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Ankit Agarwal

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

General

01 October, 2019

Grapevine: Airtel weighs tower unit sale; Apollo Global, Cerberus may bet on Altico

Telecom firm Bharti Airtel Ltd is exploring the option of completely selling its stake in its tower infrastructure business to ......

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

General

30 September, 2019

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in Chennai ......

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Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO

Finance

26 September, 2019

Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO

Computer Age Management Services Pvt. Ltd (CAMS), a back-end processor for mutual funds that counts Warburg Pincus as an investor, ......

Grapevine: Allcargo eyes control of Gati; Tiger to invest in Sequoia-backed KredX

General

26 September, 2019

Grapevine: Allcargo eyes control of Gati; Tiger to invest in Sequoia-backed KredX

India’s biggest cargo company Allcargo Logistics Ltd is in the final round of discussions to pick up a controlling stake ......

Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail

General

25 September, 2019

Grapevine: PTC India likely to sell two units; Amazon may not buy into Reliance Retail

PTC India, the nation’s top power trading company, has put two of its non-core businesses on the block -- lender ......

Grapevine: Ex-Uber CEO bets on Rebel Foods; HDFC to buy out Credila promoters

General

24 September, 2019

Grapevine: Ex-Uber CEO bets on Rebel Foods; HDFC to buy out Credila promoters

Ride-hailing firm Uber’s co-founder Travis Kalanick has purchased a small stake in Rebel Foods Pvt. Ltd, the owner of online ......

Grapevine: Tiger Global to back Nobroker; Lodha may sell office space to Varde

General

23 September, 2019

Grapevine: Tiger Global to back Nobroker; Lodha may sell office space to Varde

Private equity investors Tiger Global Management and General Atlantic are set to lead a round of funding for up to ......

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

General

20 September, 2019

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

Qatar Investment Authority is in negotiations to buy up to 25% stake in Adani Group’s flagship power transmission and distribution ......

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India Inc's legal costs soar most in four years; Reliance regains top rank

Finance

19 September, 2019

India Inc's legal costs soar most in four years; Reliance regains top rank

India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

General

19 September, 2019

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......