IPO
TMT
State-run IRCTC's IPO moves full speed ahead on first day
The initial public offering of state-run Indian Railway Catering and Tourism Corp. (IRCTC) crossed most of the distance on the...
Consumer
Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut
Shares in AB InBev’s Asia-Pacific unit, which last week raised about $5 billion after relaunching its initial public offering...
Manufacturing
Shyam Steel Industries gets SEBI approval for IPO
Shyam Steel Industries Ltd, a Kolkata-based company that makes thermo-mechanically treated reinforcement bars, has received regulatory...
Markets
US SEC finalises rule allowing IPO-bound companies to test the waters
The U.S. Securities and Exchange Commission on Thursday finalized a new rule that allows all companies to privately sound out...
Infrastructure
Saudi Aramco lures sovereign funds GIC, ADIA to hit $2 trillion IPO valuation
State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth...
Infrastructure
SoftBank may pump $1 bn more into troubled office-sharing startup WeWork
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement ......
Consumer
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,...
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest...
Consumer
Budweiser maker AB InBev's Asia unit raises $5 bn via IPO
Anheuser-Busch InBev (AB InBev) (ABI.BR) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business...
People
SoftBank turns against WeWork CEO Adam Neumann
Japan's SoftBank Group Corp, the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann...
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