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Reuters

SoftBank, TPG-backed FirstCry set to withdraw IPO papers after SEBI scrutiny

TMT

25 April, 2024

SoftBank, TPG-backed FirstCry set to withdraw IPO papers after SEBI scrutiny

Indian retailer FirstCry is set to withdraw its papers for an up to $500 million IPO as early as next ......

Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit

TMT

25 April, 2024

Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit

Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower operator Cellnex, ......

Saudi Arabia's PIF hits $749 bn in assets under management

Finance

25 April, 2024

Saudi Arabia's PIF hits $749 bn in assets under management

Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA ......

SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO

TMT

25 April, 2024

SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO

Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial public offering, ......

Goldman Sachs hires BofA bankers for India dealmaking roles

Finance

25 April, 2024

Goldman Sachs hires BofA bankers for India dealmaking roles

Goldman Sachs has hired two senior bankers in India to cash in on growing dealmaking and investor interest in the ......

Morgan Stanley PE Asia to carve out China team, elevate India co-heads

Finance

25 April, 2024

Morgan Stanley PE Asia to carve out China team, elevate India co-heads

Morgan Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia ......

Saudi Arabia's healthcare group Fakeeh Care announces IPO

Healthcare

24 April, 2024

Saudi Arabia's healthcare group Fakeeh Care announces IPO

Saudi Arabia's Fakeeh Care Group, one of the largest private hospital groups in the kingdom, said on Wednesday it planned ......

RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies

Finance

24 April, 2024

RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies

India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online ......

Hitachi Energy aiming to tap India's renewable energy market, to open more capability centres

Infrastructure

24 April, 2024

Hitachi Energy aiming to tap India's renewable energy market, to open more capability centres

Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand ......

Invesco's India arm settles mutual fund violation charges with SEBI

Finance

24 April, 2024

Invesco's India arm settles mutual fund violation charges with SEBI

The Indian arm of global asset manager Invesco has settled charges of mutual fund rules violations with the country's market ......