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Alibaba's Ant Group files for record-breaking IPO

TMT

25 August, 2020

Alibaba's Ant Group files for record-breaking IPO

Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed for a dual listing in Hong Kong and ......

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Manufacturing

15 July, 2020

Reliance's $15 bn stake sale deal with Saudi Aramco delayed

Reliance Industries' plans to sell 20% stake in its oil-to-chemical business to Saudi Aramco is delayed, chairman of the Indian ......

Nifty, Sensex slide on weak earnings; banks, refiners drag

Markets

20 January, 2020

Nifty, Sensex slide on weak earnings; banks, refiners drag

Indian shares fell from record highs on Monday, dragged down by financial companies after a clutch of disappointing earnings reports. The ......

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Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

Finance

31 December, 2019

Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As

The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

Manufacturing

24 December, 2019

Reliance counters govt move to enforce arbitration as Aramco deal faces hurdle

India’s biggest company Reliance Industries Ltd has called a government move to try and force the refinery-to-telecoms behemoth to pay ......

Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets

Markets

20 December, 2019

Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets

Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a ......

Saudi Aramco raises $25.6 bn in world's biggest IPO

Manufacturing

06 December, 2019

Saudi Aramco raises $25.6 bn in world's biggest IPO

State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of ......

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

29 November, 2019

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate) round of ......

ADIA, Kuwait sovereign fund plan investment in Aramco IPO

Markets

27 November, 2019

ADIA, Kuwait sovereign fund plan investment in Aramco IPO

The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi ......

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......