KalpanaPathak
Stories by KalpanaPathak
India: Adani Gas-Total SA JV to seek fuel retailing licence
Last October, Total SA had agreed to buy a 37.4 per cent stake in city gas distributor Adani Gas Ltd for around Rs 5,700 crore.
India: Companies opt for co-working spaces to rein in surging costs
This shift could cause issues for real estate developers who bet hundreds of crores in creating large workspaces.
Qualcomm Ventures to invest $97m in India’s Jio Platforms for 0.15% stake
Qualcomm Ventures becomes the 12th entity to invest in the digital services unit of Reliance in over 3 months.
Reliance Industries to broaden its financial services portfolio
RIL is expected to add non-banking services, including insurance broking and mutual funds, on its Jio platform.
UK-based energy giant BP to invest $70m in India’s Green Growth Equity Fund
Upon investment later this year, BP will become a limited partner in the GGEF and have representation on its advisory committee.
India’s Haldia Petro, Rhone Capital acquire US-based Lummus Tech for $2.7b
Lummus is a leading master licensor of proprietary technologies in the refining, petrochemicals, gas processing and coal gasification sectors.
Oil India, EIL-led consortium to buy 48% stake in NRL
As part of its strategy to divest stake in BPCL, India last November decided to carve out NRL from BPCL.
Reliance may break up in 3-4 years with IPOs of Jio, retail business: Bernstein
Following a rights issues and 24.7% stake sale in Jio Platforms, Reliance is now effectively debt-free.
Indian REITs hit as IT firms cut spend on real estate
Technology and financial services firms occupy the bulk of top-grade commercial real estate assets.
India: Future Group may divest in-house brands to repay lenders
Future Group is looking to sell lifestyle brand Cover Story and Tasty Treat under its snacks unit.
