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Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

General

11 November, 2019

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services ......

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Will Everstone beat benchmark returns as Burger King India heads for an IPO?

Consumer

04 November, 2019

Will Everstone beat benchmark returns as Burger King India heads for an IPO?

Everstone Capital, the largest private equity investor in the Indian restaurants segment, is poised to clock neat returns from a ......

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 ......

Alibaba to resume plan for $15-bn Hong Kong IPO in November

TMT

31 October, 2019

Alibaba to resume plan for $15-bn Hong Kong IPO in November

Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 ......

Saudi Aramco aims to begin planned IPO on November 3

Infrastructure

29 October, 2019

Saudi Aramco aims to begin planned IPO on November 3

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct ......

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KKR clocks stellar returns from partial exit in mutual fund house

Finance

23 October, 2019

KKR clocks stellar returns from partial exit in mutual fund house

Private equity giant KKR & Co. has walked away with a bountiful harvest after selling nearly half its stake in ......

Ujjivan Small Finance Bank gets SEBI nod to float IPO

Finance

22 October, 2019

Ujjivan Small Finance Bank gets SEBI nod to float IPO

Ujjivan Small Finance Bank Ltd, a unit of non-bank lender Ujjivan Financial Services Ltd, has received regulatory nod to float ......

SoftBank to skip WeWork's lease obligations with new funding lifeline

Infrastructure

21 October, 2019

SoftBank to skip WeWork's lease obligations with new funding lifeline

SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the ......

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

Infrastructure

21 October, 2019

Warburg Pincus-backed ESR relaunches larger Hong Kong IPO

ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, relaunched a bigger Hong Kong initial public offering (IPO) that aims ......

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

Finance

18 October, 2019

Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......