Reuters
Finance
BlackRock to launch PIF-backed Saudi investment platform
The world's largest asset manager BlackRock said on Tuesday it plans to launch a new investment platform in Saudi Arabia, ......
TMT
UAE's e& seeks to buy $8.6 bn European carrier United Group
Abu Dhabi-based Emirates Telecommunications is considering an acquisition of European cable and pay-TV operator United Group at a valuation of ......
Finance
Kotak Mahindra Bank joint MD Manian resigns
Private lender Kotak Mahindra Bank said on Tuesday its joint managing director KVS Manian has resigned, after two months in ......
Finance
SEBI allows foreign funds at GIFT City to take full investment from NRIs
India's market regulator said on Tuesday that foreign funds set up at GIFT City in Gujarat state can take full ......
Manufacturing
Saudi firm Ma'aden to buy US fertilizer maker Mosaic's stake in JV for $1.5 bn
Fertilizer maker Mosaic Co said on Tuesday that Saudi Arabia's flagship mining firm Ma'aden would acquire the U.S.-based company's stake ......
Economy
Sensex, Nifty end third consecutive month in the green on good Q4 results
Indian shares logged their third straight month of gains on strong quarterly earnings by behemoths, even as the benchmarks reversed ......
Infrastructure
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 ......
TMT
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 ......
TMT
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 ......
Infrastructure
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 ......