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Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

Infrastructure

13 September, 2019

Warburg Pincus-backed logistics real estate developer ESR refiles for Hong Kong IPO

ESR Cayman Ltd, a logistics real estate developer backed by private equity firm Warburg Pincus, is readying a relaunch of ......

Retail inflation climbs to 10-month high in August but another rate cut likely

Economy

12 September, 2019

Retail inflation climbs to 10-month high in August but another rate cut likely

India’s retail inflation rate increased to a 10-month high in August but stayed below the central bank’s 4% medium-term target, ......

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Finance

12 September, 2019

Vertex Ventures raises $290 mn fund for India, Southeast Asia bets

Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia’s ride-hailing giant Grab, has added a new $290 million ......

Nifty, Sensex end lower as bank, auto stocks slip

Markets

12 September, 2019

Nifty, Sensex end lower as bank, auto stocks slip

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE ......

AB InBev revives Budweiser IPO plan two months after pulling out

Consumer

12 September, 2019

AB InBev revives Budweiser IPO plan two months after pulling out

Anheuser-Busch InBev said on Thursday it is continuing to explore an initial public offering in Hong Kong of its Asia ......

Saudi Aramco hires nine banks for world's biggest IPO

Infrastructure

11 September, 2019

Saudi Aramco hires nine banks for world's biggest IPO

Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to ......

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

TMT

11 September, 2019

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their ......

Hong Kong Exchanges bids $39 bn to take over London Stock Exchange

Markets

11 September, 2019

Hong Kong Exchanges bids $39 bn to take over London Stock Exchange

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover bid for the London Stock Exchange, an offer ......

Sensex ends higher as auto stocks, Yes Bank lead gains

Markets

11 September, 2019

Sensex ends higher as auto stocks, Yes Bank lead gains

Indian shares settled higher on Wednesday, ahead of key inflation data, with shares of Yes Bank Ltd witnessing its best ......

ONGC considers taking full control of western India petrochemical project

Infrastructure

11 September, 2019

ONGC considers taking full control of western India petrochemical project

India’s Oil and Natural Gas Corp Ltd plans to buy out the rest of a western Indian petrochemical project it ......