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Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

Infrastructure

06 December, 2019

Company watch: ReNew Power's profit margin woes overshadow Ostro-fuelled growth

ReNew Power Ltd failed to shrug off net profit margin blues in 2018-19 despite the biggest buyout in the country’s ......

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CX Partners, Samara in talks with drugmakers for club deal with two LPs

Healthcare

04 December, 2019

CX Partners, Samara in talks with drugmakers for club deal with two LPs

Homegrown private equity firms CX Partners and Samara Capital are scouting for investment opportunities in companies that make bulk drugs ......

Sam Zell-backed SAMHI Hotels gets SEBI nod to float IPO

Consumer

02 December, 2019

Sam Zell-backed SAMHI Hotels gets SEBI nod to float IPO

Gurugram-based SAMHI Hotels Ltd, which owns the largest number of Marriot, IHG and Hyatt hotels in India, has received regulatory ......

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Goldman Sachs' India agri-commodity platform strikes debut deal

Manufacturing

02 December, 2019

Goldman Sachs' India agri-commodity platform strikes debut deal

An India investment platform set up by US financial services giant Goldman Sachs to focus on agricultural commodities firms and ......

Govt asks state-run firms to clear dues of ReNew, SoftBank's green energy arm

Infrastructure

26 November, 2019

Govt asks state-run firms to clear dues of ReNew, SoftBank's green energy arm

India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to ......

Automation Anywhere raises $290 mn in Series B round, valuation soars

TMT

22 November, 2019

Automation Anywhere raises $290 mn in Series B round, valuation soars

Automation Anywhere Inc., a Silicon Valley-based company founded by Indian-origin entrepreneurs, has raised $290 million (Rs 2,081.35 crore at current ......

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Finance

06 November, 2019

India leads downgrades as analysts cut Asian firms' 2019 profit outlook

Analysts trimmed their 2019 earnings forecasts for Asian companies by a smaller margin over the past month, Refinitiv data showed, ......

Saudi Aramco kick-starts what could be world's biggest IPO

Infrastructure

04 November, 2019

Saudi Aramco kick-starts what could be world's biggest IPO

Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float ......

Goldman-backed ReNew says Andhra Pradesh woes could hurt India's renewables goal

Infrastructure

01 November, 2019

Goldman-backed ReNew says Andhra Pradesh woes could hurt India's renewables goal

Investors could be put off India by Andhra Pradesh state's difficult relationship with renewable energy companies, Sumant Sinha, chair of ......

Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head

Finance

04 October, 2019

Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head

Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia Pacific ......