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Reuters

GIC, Temasek lead sovereign funds' record venture capital bets in 2018

Finance

22 March, 2019

GIC, Temasek lead sovereign funds' record venture capital bets in 2018

Sovereign wealth funds invested a record amount in venture capital last year, a report said on Thursday, as they seek ......

KKR raising $1.5 bn for first Asia real estate fund

Finance

22 March, 2019

KKR raising $1.5 bn for first Asia real estate fund

Global investment powerhouse KKR & Co Inc is raising its first Asia-focused real estate fund, targeting $1.5 billion as it ......

Sensex little changed but marks best close in six months

Markets

20 March, 2019

Sensex little changed but marks best close in six months

Indian shares closed largely unchanged on Wednesday, with losses in energy and consumer stocks offsetting gains in financials and IT. The ......

PNB fraud: Jeweller Nirav Modi denied bail after being arrested in UK

Finance

20 March, 2019

PNB fraud: Jeweller Nirav Modi denied bail after being arrested in UK

Fugitive billionaire jeweller Nirav Modi, wanted by Indian authorities over a $2 billion loan fraud at state-run Punjab National Bank ......

Vodafone Idea plans $3.6 bn stock sale at steep discount; shares slump

TMT

20 March, 2019

Vodafone Idea plans $3.6 bn stock sale at steep discount; shares slump

Vodafone Idea Ltd, India’s largest telecommunications company by subscribers, on Wednesday approved 250 billion rupees ($3.63 billion) rights issue at ......

Sensex continues strong run; L&T biggest drag after hostile Mindtree takeover bid

Markets

19 March, 2019

Sensex continues strong run; L&T biggest drag after hostile Mindtree takeover bid

Indian shares rose for a seventh consecutive session on Tuesday, their longest winning streak since mid-December, boosted by gains in ......

KKR, Carlyle and IHH Healthcare among suitors for Columbia Asia's hospital biz

Healthcare

19 March, 2019

KKR, Carlyle and IHH Healthcare among suitors for Columbia Asia's hospital biz

Columbia Pacific Management's Asian hospital business has drawn interest from global private equity players, including KKR, CVC and Carlyle, in ......

Government asks banks to save Jet Airways, avoid bankruptcy

Infrastructure

19 March, 2019

Government asks banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister ......

Goldman Sachs upgrades India market outlook amid pre-election rally

Markets

19 March, 2019

Goldman Sachs upgrades India market outlook amid pre-election rally

Goldman Sachs (GS) upgraded its view on India to “overweight” as the country catches up with pre-election rally amid expectations ......

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

18 March, 2019

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Anil Ambani-led Reliance Communications Ltd on Monday announced that it has terminated definitive agreements for the sale of specified assets ......