Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

Manufacturing

16 July, 2024

SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its ......

Finance

16 July, 2024

Sensex, Nifty post record closing highs for second day aided by IT stocks

India's benchmark indexes notched record closing highs on Tuesday, buoyed by gains in heavyweight information ......

TMT

16 July, 2024

NCLT admits Byju's into insolvency proceedings on BCCI's plea

India's companies tribunal on Tuesday admitted Indian edtech firm Byju's to the insolvency resolution process ......

Finance

16 July, 2024

SEBI warns Paytm over old transactions with payments bank unit

Paytm received an administrative warning from India's markets regulator for certain transactions with its banking ......

Finance

15 July, 2024

Temasek aims to invest up to $10 bn in India over three years

Singapore state investor Temasek plans to invest up to $12 billion in India over three years in sectors such as ......

Finance

15 July, 2024

Sensex, Nifty end at record closing high, aided by PSU stocks

India's blue-chip indexes logged record closing highs on Monday, led by gains in state-owned companies, with mid-cap......

Finance

15 July, 2024

BlackRock's assets soar to fresh record high in second quarter of 2024

Assets managed by BlackRock, the world's largest money manager, hit a record high of $10.65 trillion in the second ......

Finance

15 July, 2024

Goldman Sachs targets $2 bn for first Asia PE fund; to invest in Japan, India

Goldman Sachs aims to raise $2 billion in its first Asia Pacific-focused private equity fund, two people with knowledge ......

People

15 July, 2024

Goldman Sachs elevates India unit's co-COOs to investment banking heads

Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, ......

Manufacturing

12 July, 2024

Hyundai rules out special worker share allocation in India IPO despite protests

South Korean carmaker Hyundai Motor has ruled out any special allocation of shares to Indian workers in its forthcoming ......