Reuters
TMT
Amazon to shut local marketplace in China as it continues India expansion
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on ......
Consumer
Reliance Industries eyes acquisition of British toymaker Hamleys
Reliance Industries Ltd is in talks to buy British toy store chain Hamleys, business news website Moneycontrol reported on Wednesday ......
Finance
Liquidity buoys European buyouts as PE funds get comfortable with 'take-private' deals
Once shunned due to intense public scrutiny and competition from corporate buyers, private equity firms are increasingly targeting listed companies ......
Consumer
TPG-led consortium to acquire stake in jewellery brand APM Monaco
Private equity firm TPG Capital Management LP said on Wednesday it is leading a group of investors to buy 30 ......
Manufacturing
Saudi Aramco may ink one of India's biggest inbound deals with Reliance refining stake
State oil giant Saudi Aramco, the world's biggest oil producer, is in talks to buy a minority stake in the ......
Markets
Sensex, Nifty close at record highs as financials lead gains
Indian shares ended at their highest closing levels on Tuesday, boosted by financial stocks such as ICICI Bank Ltd, amid ......
TMT
Spotify prompts Nordic pension funds to add private equity to playlists
A vibrant startup scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to ......
Finance
Former KKR execs raise $2.5 bn for first China-focussed funds
DCP Capital, co-founded by former KKR & Co Greater China head David Liu, said it has raised about $2.5 billion ......
TMT
Billionaire BR Shetty taking payments firm Finablr public via big London listing
United Arab Emirates-based payments and foreign exchange company Finablr has confirmed plans to proceed with an initial public offer (IPO) ......
Economy
India's trade deficit narrows to $10.89 bn in March
India's trade deficit narrowed to $10.89 billion in March from a year ago, helped by rise in exports, the trade ......
