Bharti Enterprises
General
Grapevine: SoftBank stake in SB Energy eyed; Sony Pictures Networks-Viacom18 merger likely
Ontario Municipal Employees’ Retirement System, private equity fund Actis and Brookfield Asset Management have submitted bids to buy SoftBank Group ......
General
Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech
Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students ......
General
Grapevine: Temasek may invest in Zomato; Coatue may lead funding for Vedantu
Singapore’s Temasek is in discussions to invest up to $100 million (Rs 755 crore at current exchange rate) in online ......
General
Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power
Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two factories in Chennai ......
Finance
Bharti family pledges $1.1 bn for philanthropy
The Bharti family has pledged Rs 7,000 crore (around $1.1 billion), or 10% of its wealth, to support activities of ......
TMT
Messaging app Hike acqui-hires Tewee maker Creo
Hike Messenger has acqui-hired Bangalore-based technology startup Creo, a company statement said.Creo, the maker of HDMI media streaming device Teewe, ......
Infrastructure
Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn
Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, is set to acquire several ......
People
Bharti Enterprises appoints Sam Ghosh to lead financial services biz
Bharti Enterprises has appointed insurance industry veteran Soumen (Sam) Ghosh as managing director of its financial services business, which includes ......
General
Aditya Birla Group ties up with Lotus Renewable to launch $100 mn fund
Kumar Mangalam Birla-controlled diversified business conglomerate Aditya Birla Group has joined hands with Sri Lanka-based Lotus Renewable Energy Pvt. Ltd ......
TMT
Tencent, Foxconn lead $175 mn round in messaging app Hike
Messaging app Hike Ltd has raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group ......