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GLOBAL MARKETS - Stocks edge up ahead of U.S. inflation data, oil hits pre-Omicron highs

Economy

12 January, 2022

GLOBAL MARKETS - Stocks edge up ahead of U.S. inflation data, oil hits pre-Omicron highs

U.S. stock index futures edged up ahead of U.S. inflation data on Wednesday, building on equity market gains following testimony ......

OMERS Infra to buy 19.4% stake in Azure Power from IFC

Infrastructure

02 August, 2021

OMERS Infra to buy 19.4% stake in Azure Power from IFC

Canada’s OMERS Infrastructure has signed a stock purchase agreement to acquire an approximately 19.4% stake in Azure Power Global Limited ......

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

General

29 April, 2021

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

Omnichannel children’s retailer FirstCry has received a $75 million commitment from Japan’s SoftBank, TPG, ChrysCapital and PremjiInvest to launch India’s ......

Droom, Carwale's US peer Shift falls in Nasdaq debut

TMT

16 October, 2020

Droom, Carwale's US peer Shift falls in Nasdaq debut

Shares of Shift Technologies Inc fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public ......

Premium
Israel's Caesarstone to gain control of Gujarat-based countertop maker

Manufacturing

01 September, 2020

Israel's Caesarstone to gain control of Gujarat-based countertop maker

Quartz countertop firm Caesarstone Ltd is all set to acquire a majority stake in a Gujarat-based countertop manufacturer. The Israel-based firm ......

MakeMyTrip's top shareholder Ctrip looks to delist from Nasdaq

TMT

28 July, 2020

MakeMyTrip's top shareholder Ctrip looks to delist from Nasdaq

Chinese online travel giant Ctrip is in talks with potential investors about funding its delisting from Nasdaq because of rising ......

Premium
Chicago PE firm Thoma Bravo buying Indian insurance-tech business in big-ticket deal

TMT

21 July, 2020

Chicago PE firm Thoma Bravo buying Indian insurance-tech business in big-ticket deal

Thoma Bravo LP, a private equity firm in the US with $45 billion in capital commitments, is acquiring an insurance-tech ......

Premium
NSR's Saxena, others float blank cheque firm for India M&A

Finance

23 July, 2018

NSR's Saxena, others float blank cheque firm for India M&A

Parag Saxena, a co-founder of Asia-focussed private equity firm New Silk Route (NSR), has floated a blank cheque firm with ......

Growth in hotel segment lifts Yatra's Q2 revenue; loss widens

TMT

14 November, 2017

Growth in hotel segment lifts Yatra's Q2 revenue; loss widens

Nasdaq-listed Yatra Online Inc, which operates online travel site Yatra.com through its India unit, reported higher revenues for the quarter ......

Former PE exec's blank cheque firm raises $125 mn to bet on Indian healthcare

Finance

21 June, 2017

Former PE exec's blank cheque firm raises $125 mn to bet on Indian healthcare

Constellation Alpha Capital, a special purpose acquisition vehicle led by former ICICI Venture executive Rajiv Shukla, has raised $125 million ......