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After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Consumer

09 September, 2020

After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Reliance Industries Ltd said Wednesday private equity firm Silver Lake will invest Rs 7,500 crore ($1.02 billion) in its retail...

Infosys to buy US firm Kaleidoscope in second acquisition of 2020

TMT

03 September, 2020

Infosys to buy US firm Kaleidoscope in second acquisition of 2020

Infosys Ltd said Thursday it has signed a pact to acquire Kaleidoscope Animations Inc., an Ohio, US-based company that designs...

ICICI Lombard to acquire Bharti AXA General Insurance

Finance

22 August, 2020

ICICI Lombard to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance Company Ltd has agreed to acquire Bharti AXA General Insurance Company Ltd via an all-stock transaction...

Sameer Gehlaut steps down as Indiabulls Housing chairman

Finance

12 August, 2020

Sameer Gehlaut steps down as Indiabulls Housing chairman

Sameer Gehlaut, who founded Indiabulls Group with two others 20 years ago before splitting it in 2014, has stepped down ......

Blackstone-backed Mindspace REIT climbs on debut after $600 mn IPO

Infrastructure

07 August, 2020

Blackstone-backed Mindspace REIT climbs on debut after $600 mn IPO

Mindspace Business Parks REIT made a strong debut on the stock markets on Friday with its units listing 10.5% higher ......

RBI allows banks to restructure loans to tide over virus-induced stress

Finance

06 August, 2020

RBI allows banks to restructure loans to tide over virus-induced stress

The Reserve Bank of India has allowed banks to restructure loans without classifying them as bad debts and pushing the ......

Govt extends SEBI chief Ajay Tyagi's term by 18 months

People

05 August, 2020

Govt extends SEBI chief Ajay Tyagi's term by 18 months

The government has extended by 18 months the term of Ajay Tyagi, the chairman of the Securities and Exchange Board ......

Blackstone-backed Mindspace REIT's IPO covered 13 times on final day

Infrastructure

29 July, 2020

Blackstone-backed Mindspace REIT's IPO covered 13 times on final day

The initial public offering of Mindspace Business Parks REIT was covered almost 13 times on the final day Wednesday thanks ......

Blackstone-backed Mindspace REIT's IPO fully covered on second day

Infrastructure

28 July, 2020

Blackstone-backed Mindspace REIT's IPO fully covered on second day

The initial public offering of Mindspace Business Parks REIT was fully covered on the second day Tuesday led by demand ......

L&T to wind up West Asian wealth management unit after InCred deal collapses

Finance

17 July, 2020

L&T to wind up West Asian wealth management unit after InCred deal collapses

L&T Finance Holdings Ltd said on Friday it will wind up its West Asian wealth management unit after a planned ......