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GoFirst lenders to mull liquidation after chances of revival get thinner

Infrastructure

30 April, 2024

GoFirst lenders to mull liquidation after chances of revival get thinner

Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after ......

Abu Dhabi-backed RedBird IMI scraps Telegraph deal, to sell UK newspaper

TMT

30 April, 2024

Abu Dhabi-backed RedBird IMI scraps Telegraph deal, to sell UK newspaper

Abu Dhabi-backed RedBird IMI on Tuesday said it would sell the Telegraph after it scrapped its acquisition of the right-leaning ......

China's Meituan looking to foray into Saudi Arabia in a bid to expand

TMT

26 April, 2024

China's Meituan looking to foray into Saudi Arabia in a bid to expand

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign ......

UAE planning a second nuclear plant, to seek bids this later year

Infrastructure

26 April, 2024

UAE planning a second nuclear plant, to seek bids this later year

The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the ......

Rupee records best weekly gain since early February

Markets

26 April, 2024

Rupee records best weekly gain since early February

The Indian rupee closed little changed on Friday but logged its strongest week-on-week rise in nearly three months following a ......

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

Markets

26 April, 2024

Sensex, Nifty post weekly gains on easing Middle East worries, stable earnings

India's benchmark indexes fell on Friday, dragged by financials, although the losses were not enough to prevent weekly gains, powered ......

Gujarat Titans owner CVC Capital's shares surge on stock market debut

Finance

26 April, 2024

Gujarat Titans owner CVC Capital's shares surge on stock market debut

Shares of private equity group CVC Capital Partners gained as much as 25% on their first day of trading in ......

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 ......