Reuters

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

Infrastructure

18 April, 2024

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......

TMT

18 April, 2024

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel's operations in the......

TMT

17 April, 2024

Musk likely to announce $2-3 bn Tesla investment in India during visit next week

Tesla chief Elon Musk is set to announce an investment in India of $2-3 billion, mainly for building a new factory, ......

Manufacturing

17 April, 2024

Gautam Adani, family raise stake in Ambuja Cements to 70%

Indian billionaire Gautam Adani's family raised its stake in Ambuja Cements to 70.3% from 66.7% with a 83.39 billion......

Finance

17 April, 2024

Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans

India's IIFL Finance will raise 12.72 billion rupees ($152 million) by selling shares, the non-bank lender said on ......

People

17 April, 2024

Morgan Stanley, HSBC cut dozens of investment banking jobs in Asia-Pacific

Morgan Stanley is cutting at least 50 investment banking jobs in Asia Pacific, three sources said, becoming the latest ......

TMT

17 April, 2024

Rajiv Jain's GQG, Fidelity pick up shares worth $261 mn in Vodafone Idea

Investment firms GQG and Fidelity picked up shares worth $261 million in India's Vodafone Idea as part of the debt-......

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 ......

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 ......

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 ......