INVESTMENT DEALS
FEMA case: ED issues summons to ex-Kerala minister Thomas Isaac
CPI(M) leader Thomas Isaac on Saturday said that he has been served a fresh notice by the Enforcement Directorate to appear before it on January 12 in connection with the alleged violation in financial dealings of Kerala Infrastructure Investment Fund Board (KIIFB) during his tenure as ...
Adani plans in Sri Lanka: 'Focus to increase efficiencies at ports, create opportunities for energy sector'
Adani Ports and SEZ CEO Karan Adani discusses company's strategic investment plans and potential deals in pipeline.Adani plans in Sri Lanka: 'Focus to increase efficiencies at ports, create opportunities for energy sector'
Tata Steel signs 500 million pound-deal with UK govt for Port Talbot steel plant
Tata Steel and the UK government have signed joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site costing ?1.25 billion, with the government granting up to ?500 million, the company said in a stock exchange filing.Tata Stee...
US-based investment firm GQG Partners, others buy $1 billion worth additional stake in Adani group
Marking a third round of investment in Adani stocks in the last four months, US-based GQG Partners and others on Wednesday bought around $1 billion worth of the conglomerate's stocks, according to a report. GQG and other investors have bought $1 billio...
IndiGo-Airbus deal: Every Dollar invested in civil aviation yields $3.1 in terms of new growth, says Scindia
Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday termed the IndiGo Airlines order for a staggering 500 Airbus A320 family aircraft as another landmark in the country's aviation industry. Addressing the media here, Scindia expressed ...
IndiGo-Airbus deal: Every Dollar invested in civil aviation yields $3.1 in terms of new growth, says Scindia
Civil Aviation Minister Jyotiraditya M. Scindia on Tuesday termed the IndiGo Airlines order for a staggering 500 Airbus A320 family aircraft as another landmark in the country's aviation industry. Addressing the media here, Scindia expressed ...
Adani Group block deal: Who is GQG Partners, ET NOW explains
United States boutique investment firm GQG Partners has bought shares worth USD 1.87 billion in four Adani group companies, Reuters reported. The decision of GQG marks the first major investment in the Adani group since a short-seller critical report resulted in a stock rout. Who is GQG Pa
Adani Block Deal: GQG Partners invest $1.87bn in Adani Group; Goldman Sachs buys 8.2 mn shares
Adani block deal completed: GQG Partners invest $1.87bn in Adani Group; Goldman Sachs buys 8.2 mn shares. ET Now's Ajaya explains the significance of the deal and why he feels the Adani saga is normalising Adani Block Deal: GQG Partners invest $1.87bn in A
Indian craft beer maker Bira 91 acquires Beer Cafe in an all-stock deal
Domestic premium beermaker Bira 91 has acquired India's largest alcobev chain, The Beer Cafe, in an all-stock deal that will make the pub chain a fully-owned subsidiary of Bira 91. Investors in The Beer Cafe - including promoters Rahul and Bineeta Singh, Mayfield, Granite Hill a
Reliance, Saudi Aramco call off proposed investment deal, withdraws NCLT application for O2C hiveoff
Reliance Industries has dropped plans to hive off its oil-to-chemicals (O2C) business, intended as part of a potential stake sale to Saudi Aramco, making way for fresh negotiations between the two companies.Reliance, Saudi Aramco call off proposed in
Lessons from covid-19: A financial health checklist to deal with crises
In this video, 3 financial experts discuss with us the urgent steps to take, the paperwork to keep in handy and how in general to ensure financial preparedness in the face of a crisis, for yourself and your loved ones or dependants.Lessons from covid-19: A financial health check
Tech investments aimed at making Jio a solid digital company: Axis Securities
From a valuations perspective, we are not really surprised with the Vista deal, says CIO Naveen Kulkarni.Tech investments aimed at making Jio a solid digital company: Axis Securities
Abu Dhabi-based Mubadala to invest Rs 9,093 cr in Reliance's Jio Platforms
Abu Dhabi-based sovereign investor Mubadala Investment Company will invest Rs 9,093.60 crore for a 1.85% equity stake in Jio Platforms. This will be the sixth investment in Jio, which has an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.Abu
General Atlantic to invest Rs 36.75 Bn in Reliance Retail Ventures for 0.84% stake
General Atlantic to invest Rs 36.75 Billion in Reliance Retail ventures. General Atlantic's investment is going to transfer into a 0.84% stake in Reliance Retail Ventures. 0.84% stake in Reliance Retail Ventures has been given a pre-money valuation of Rs 4.28 lakh cro
Another cheque for Ambani? Google in advanced talks to invest $4 billion in Reliance Jio: Reports
Google is in advanced talks to buy a stake in Reliance Industries digital arm Jio Platforms, according to a Bloomberg report. The search giant's boss Sundar Pichai, in an interview to ET earlier, had neither denied nor confirmed reports of Google¡¯s inte
KKR to acquire controlling stake in JB Chemicals for Rs 3,100 crore
Buyout major KKR on Thursday said it will purchase majority stake in J B Chemicals and Pharmaceuticals from its promoters and then make an open offer to acquire 26 per cent more in the branded formulations company. The private equity major has signed a definitive agreement to acquir
Silver Lake to invest Rs 5,655.75 crore in Reliance Jio Platforms
US private equity firm Silver Lake will invest Rs 5,655.75 crore in Jio Platforms to take 1.15% stake at an equity value of Rs 4.90 lakh crore Silver Lake to invest Rs 5,655.75 crore in Reliance Jio Platforms
Vista Equity Partners picks 2.32% stake in Jio Platforms for Rs 11,367 cr
US-based private equity firm Vista Equity Partners will buy a 2.32 per cent stake in billionaire Mukesh Ambani's digital unit, Jio Platforms, for Rs 11,367 crore, the company announced on Friday. "This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore an
VC investments: Who invested what this week
This week saw 15 deals worth 108 million dollars being signed.VC investments: Who invested what this week
How investment norms were relaxed for LIC-IDBI deal, asks Delhi HC
Life Insurance Corporation of India (LIC) told Delhi High Court that it will not proceed further in buying 51% stake in IDBI Bank till August 30. Delhi High Court has to hear a plea against LIC-IDBI deal on August 30. Delhi HC today asked how investment norms were relaxed for LIC-IDB
Flipkart deal: Walmart says in talks with other players for additional investment
Walmart Inc holds a conference call with its investors after sealing the Flipkart deal. The purchase is about "setting the company up for growth and profits in the future," CEO Doug McMillon tells investors. CFO Brett Biggs says they are in discussion with "additional
Premji Invest writes to Snapdeal board on sale
In what could throw a spanner in the works on the potential merger of Snapdeal, one of its key investors has written to its board seeking clarity on plans going forward. Sources say Premji Invest, in its letter to the board, sought details on plans for a potential merger or sale and also how the interes
Premji Invest writes to Snapdeal board on sale
In what could throw a spanner in the works on the potential merger of Snapdeal, one of its key investors has written to its board seeking clarity on plans going forward. Sources say Premji Invest, in its letter to the board, sought details on plans for a potential merger or sale and also how the interes
Watch: RSS-linked group protests Walmart-Flipkart deal
Some 80 people gathered outside a Delhi hotel on Thursday holding placards reading "Walmart Go Back!" and shouting slogans asking people to ditch imported products for Indian-made goods. Inside the hotel, Walmart CEO McMillon was talking to a dozen journalists about the deal. The protesters were
Uber seals multibillion-dollar investment deal from Softbank
Japanese technology conglomerate SoftBank has reached a deal with Uber to invest billions in the ride-hailing giant. Uber Technologies Inc. confirmed the investment in a statement Sunday without giving details. Japanese telecom and Internet conglomerate SoftBank is hoping "to make peace" b
Investments in Sandoz deal will be shared equally: Kiran Mazumdar Shaw, Biocon
Bangalore based Biocon and Sandoz, the generic division of Novartis pharma today announced a global partnership to develop, manufacture and commercialize multiple biosimilars in immunology and oncology for patients worldwide. Under the terms of the agreement, both compani
VC investment on the rise: Venture Intelligence
Venture intelligence funding meter shows that e-commerce investments on the uptick whereas VC investment and bridge deals are also on the rise as compared to the last month.VC investment on the rise: Venture Intelligence
SoftBank records $1.4 billion loss from India investments
Japan¡¯s Softbank Group Corp said it had recognised a loss of over $1.4 billion relating to investments made by the Tokyo-headquartered investor, citing, in particular, its investments in troubled e-commerce marketplace Snapdeal and ride-hailing app, Ola.SoftBank records $1.4 billion loss from
Deep Inds arm raises PE investment of $20 million
Deep Industries Limited on December 19, 2016 executed the definitive documents for the proposed primary capital investment by Tridevi Capital Partners (I) LP (Tridevi) in its subsidiary, Prabha Energy Private Limited (PEPL).Deep Inds arm raises PE investment of $20 million
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