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Reuters

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 ......

Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering

TMT

12 April, 2024

Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering

Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this ......

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

TMT

12 April, 2024

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

Bharti Hexacom's shares surged 54.4% in their trading debut on Friday, beating analysts' expectations and valuing the Indian telecom operator ......

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Finance

09 April, 2024

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Promoters of private lender IndusInd Bank will buy a 60% stake in the Indian arm of global asset manager Invesco, ......

Paytm Payments Bank CEO Surinder Chawla resigns

Finance

09 April, 2024

Paytm Payments Bank CEO Surinder Chawla resigns

India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and managing director of its ......

Ola to stop ride-hailing operations in international markets

TMT

09 April, 2024

Ola to stop ride-hailing operations in international markets

Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......