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Global M&As plunge in April-June but dealmakers see green shoots

Finance

30 June, 2023

Global M&As plunge in April-June but dealmakers see green shoots

Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism ......

Morgan Stanley weighs cutting 7% of Asia investment bank jobs

Finance

16 May, 2023

Morgan Stanley weighs cutting 7% of Asia investment bank jobs

Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to a ......

EV solutions provider Magenta snags fresh Series A1 funding

TMT

05 April, 2023

EV solutions provider Magenta snags fresh Series A1 funding

Electric mobility solutions provider Magenta Mobility has raised $22 million (around Rs 180 crore) as part of a Series A1 ......

Alibaba sells entire stake in Paytm, MS buys it partially

Finance

10 February, 2023

Alibaba sells entire stake in Paytm, MS buys it partially

China’s Alibaba Group sold its entire 3.4% stake in One97 Communications, the parent of Indian payments firm Paytm, in a ......

Syngene rakes in $131 mn from Singapore's GIC

Healthcare

02 February, 2023

Syngene rakes in $131 mn from Singapore's GIC

Singapore’s sovereign wealth fund GIC on Wednesday invested Rs 1,075.2 crore (around $131 million) in drug research company Syngene International ......

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

Finance

13 January, 2023

Morgan Stanley picks up stake in Paytm after Alibaba's divestment

After stake sale by Alibaba, Singapore in One 97 Communications Ltd aka Paytm, Morgan Stanley Asia (Singapore) has bought fresh ......

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Morgan Stanley fund frontrunner for stake in geriatric care firm Athulya

Healthcare

03 January, 2023

Morgan Stanley fund frontrunner for stake in geriatric care firm Athulya

A Morgan Stanley fund is leading the race to invest in Chennai-based geriatric care firm Athulya Assisted Living Pvt. Ltd, ......

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Morgan Stanley fund, IFU eye Suminter

Consumer

06 December, 2022

Morgan Stanley fund, IFU eye Suminter

North Haven India Infrastructure Fund, managed by Morgan Stanley Investment Management Inc., along with Denmark’s Investment Fund for Developing Countries ......

KIAL to pick up stake in Embassy REIT

Finance

27 September, 2022

KIAL to pick up stake in Embassy REIT

Kotak Investment Advisors Ltd and Abu Dhabi Investment Authority-sponsored real estate fund has picked up stake worth Rs 1,600 crore ......

Fairfax-backed Digit Insurance mulls raising $500 mn via IPO, eyeing valn of $5 bn

Finance

25 May, 2022

Fairfax-backed Digit Insurance mulls raising $500 mn via IPO, eyeing valn of $5 bn

Go Digit General Insurance-operated Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, is considering raising about $500 million ......