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With Bharti deal in the bag, Britain rockets into unknown with OneWeb

TMT

09 July, 2020

With Bharti deal in the bag, Britain rockets into unknown with OneWeb

Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable ......

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

General

09 July, 2020

Grapevine: Tata Sons to buy out AirAsia from JV; Advent joins race for Ra Chem

Advent International has joined the race to acquire a controlling stake in Ra Chem Pharma from its parent Micro Labs ......

Indian firms get steepest cut in earnings forecasts in Asia

Finance

09 July, 2020

Indian firms get steepest cut in earnings forecasts in Asia

Analysts cut their forward 12-month earnings estimates for Asian companies for a fifth consecutive month in June, citing the economic...

SBI to invest $235 mn more in Yes Bank

Finance

08 July, 2020

SBI to invest $235 mn more in Yes Bank

State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million)...

Amazon injects $308 mn more into India unit

TMT

08 July, 2020

Amazon injects $308 mn more into India unit

Amazon.com Inc has invested 23.10 billion rupees ($308.02 million) in Amazon Seller Services, an Indian unit, strengthening the...

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Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

General

08 July, 2020

Grapevine: ADIA renews interest in Jio Digital Fibre; Urban Ladder looks for buyer

Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 7,500 crore) in Reliance ......

CLSA expands access for Asia's rich to unicorn tech investments

Finance

08 July, 2020

CLSA expands access for Asia's rich to unicorn tech investments

Demand among Asia's rich for tech investments has led Hong Kong-based broker CLSA to offer private bank clients the first...

US technology firms in India not ready to pay digital tax, says lobby group

TMT

07 July, 2020

US technology firms in India not ready to pay digital tax, says lobby group

A lobby group representing U.S. technology giants has said its members are not yet ready to make the first payment ......

Stamp duty on AIFs: Frequent valuation, levy at each drawdown pose difficulties

Finance

07 July, 2020

Stamp duty on AIFs: Frequent valuation, levy at each drawdown pose difficulties

In order to streamline the mode of stamp duty collection and to rationalise the stamp duty levy on securities transactions ......

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