Reuters
Finance
Some asset reconstruction firms circumventing rules, says RBI deputy governor
Some Indian asset reconstruction companies (ARCs) have been circumventing regulations and have allowed themselves to be used for the evergreening ......
Economy
S&P upgrades outlook on India's sovereign rating to 'positive'
S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......
Consumer
Dubai party hotel operator FIVE Holdings taps banks for IPO next year
Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people ......
Manufacturing
Hindalco unit Novelis targets up to $12.6 bn valuation in US IPO
Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in ......
TMT
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition ......
People
Sony appoints former Walt Disney exec to head India business
Japan's Sony has appointed a Walt Disney executive, Gaurav Banerjee, as its new India chief executive to lead its television ......
Consumer
UAE's Alef Education seeks to raise up to $515 mn in IPO
Educational technology provider Alef Education plans to raise as much as $515 million in its initial public offering (IPO) on ......
Manufacturing
Saudi Arabia plans $10-bn Aramco share sale
Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be ......
Finance
EQT raises $1.6 bn for latest Asia-focused outing
EQT AB has raised $1.6 billion for its new Asia-focused buyout fund, the Swedish investment firm said on Monday as ......
TMT
Google to invest $350 mn in Flipkart at $37 bn valuation
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......
