Reuters

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

Adani-owned Ambuja Cements buys south Indian rival for $1.25 bn

Manufacturing

13 June, 2024

Adani-owned Ambuja Cements buys south Indian rival for $1.25 bn

India's Ambuja Cements said on Thursday that it has acquired Penna Cement Industries for an enterprise value of 104......

TMT

13 June, 2024

Reliance's Jio Platforms gets space regulator's nod to launch satellite internet

A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre ......

Consumer

12 June, 2024

Saudi wealth fund PIF in talks to create boxing league

Saudi Arabia's Public Investment Fund (PIF) is in discussions with multiple boxing stakeholders to create a league, ......

Consumer

11 June, 2024

Ola Electric gets SEBI approval for $660-mn IPO

Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public ......

Finance

11 June, 2024

Sensex, Nifty end flat ahead of inflation data, Fed policy later this week

Indian shares closed flat on Tuesday, coming off a sharp rise last week, as investors moved on from election related ......

Infrastructure

11 June, 2024

IndiGo's biggest shareholder to offload 2% stake in airline

The biggest shareholder in India's IndiGo airline will sell a 2% stake, worth 32.93 billion rupees ($394 million), ......

TMT

11 June, 2024

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to ......

Finance

11 June, 2024

RBI rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC

India's central bank has rejected Edelweiss Asset Reconstruction Company's request to reappoint Raj Kumar Bansal......

TMT

10 June, 2024

Cognizant to buy Belcan for $1.3 bn from PE firm AE Industrial Partners

Information technology services provider Cognizant Technologies said on Monday it has agreed to acquire digital ......

People

10 June, 2024

BlackRock appoints MD for UAE, Oman, Bahrain

BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the United Arab Emirates to ......