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Reuters

Zee withdraws Sony merger application with national company tribunal

TMT

16 April, 2024

Zee withdraws Sony merger application with national company tribunal

Zee Entertainment Enterprises said on Tuesday it was withdrawing an application filed with an Indian company tribunal that was aimed ......

Govt defers nod for Paytm's investment in its payments arm

TMT

16 April, 2024

Govt defers nod for Paytm's investment in its payments arm

India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part ......

Microsoft to invest $1.5 bn in UAE-based AI company G42

TMT

16 April, 2024

Microsoft to invest $1.5 bn in UAE-based AI company G42

Microsoft will invest $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. tech giant a minority ......

Govt to mull panel for tackling systemic risks in derivatives market amid high demand

Economy

16 April, 2024

Govt to mull panel for tackling systemic risks in derivatives market amid high demand

India's top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and ......

Private equity firm CVC Capital unveils plan for $1.3 bn IPO

Finance

16 April, 2024

Private equity firm CVC Capital unveils plan for $1.3 bn IPO

Executives at CVC closely watched the conflict in the Middle East over the weekend as they prepared to unveil the ......

Jio Financial forms JV with BlackRock for wealth management, broking businesses

Finance

15 April, 2024

Jio Financial forms JV with BlackRock for wealth management, broking businesses

Jio Financial Services said on Monday that it had entered into a new joint venture (JV) with U.S.-based BlackRock Inc ......

Ontario Teachers'-backed Mahindra Susten to invest $150 mn in green energy projects

Infrastructure

15 April, 2024

Ontario Teachers'-backed Mahindra Susten to invest $150 mn in green energy projects

Tech-to-tractor conglomerate Mahindra Group will invest 12 billion rupees (about $144 million) to set up solar and wind energy projects ......

Consumer goods firms gear up to cash in on a sizzling summer

Consumer

15 April, 2024

Consumer goods firms gear up to cash in on a sizzling summer

Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......

Norway govt says $1.6 trillion wealth fund will not invest in private equity

Finance

12 April, 2024

Norway govt says $1.6 trillion wealth fund will not invest in private equity

Norway's $1.6 trillion sovereign wealth fund, the world's largest, should not be allowed to include private equity investments in its ......