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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...

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...

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...

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...

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...

Premium
PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Consumer

30 September, 2019

PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Sapphire Foods India Pvt. Ltd has acquired the stake it didn’t already own in a franchisee of Pizza Hut and ......

Grapevine: Allcargo eyes control of Gati; Tiger to invest in Sequoia-backed KredX

General

26 September, 2019

Grapevine: Allcargo eyes control of Gati; Tiger to invest in Sequoia-backed KredX

India’s biggest cargo company Allcargo Logistics Ltd is in the final round of discussions to pick up a controlling stake...

Premium
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Consumer

25 September, 2019

Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Gurugram-headquartered company SAMHI Hotels Ltd, which owns the largest number of hotels chains of Marriot, IHG and Hyatt in India,...

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

General

20 September, 2019

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets

Qatar Investment Authority is in negotiations to buy up to 25% stake in Adani Group’s flagship power transmission and distribution...

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