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EQT seeks $12.5 bn for new Asia private equity fund

Finance

16 August, 2024

EQT seeks $12.5 bn for new Asia private equity fund

EQT would raise $12.5 billion for its new Asia-focused fund, the Swedish investment firm said on Wednesday. The fund will be ......

SEBI chief earned revenue in potential rules violation, documents show

Markets

16 August, 2024

SEBI chief earned revenue in potential rules violation, documents show

The head of India's markets regulator, Madhabi Puri Buch, continued to earn revenue from a consultancy firm during her seven-year tenure, ......

Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan

Consumer

16 August, 2024

Ola Electric valuation soars to $7 bn on e-motorcycle launch, battery plan

India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 ......

Swan Energy to sell stake in LNG terminal to Turkish firm for $399 mn

Infrastructure

14 August, 2024

Swan Energy to sell stake in LNG terminal to Turkish firm for $399 mn

Indian oil & gas firm Swan Energy plans to sell a stake in one of its liquefied natural gas (LNG) ......

Ola Electric posts bigger Q1 loss as incentives drop, costs rise

Consumer

14 August, 2024

Ola Electric posts bigger Q1 loss as incentives drop, costs rise

Ola Electric, India's top e-scooter maker, reported a wider first-quarter loss on Wednesday, hurt by the price cuts it took to ......

Rupee continues to hover around 84/$ mark amid volatility

Finance

14 August, 2024

Rupee continues to hover around 84/$ mark amid volatility

The Indian rupee ended nearly flat on Wednesday as U.S. dollar demand from importers and foreign banks eroded the currency's ......

Sensex, Nifty end flat as profit booking offsets gains in IT stocks

Finance

14 August, 2024

Sensex, Nifty end flat as profit booking offsets gains in IT stocks

Indian shares closed little changed on Wednesday, as broad-based profit booking offset gains in information technology (IT) stocks after soft ......

Supreme Court revives insolvency proceedings against Byju's

TMT

14 August, 2024

Supreme Court revives insolvency proceedings against Byju's

India's top court on Wednesday revived insolvency proceedings against education technology company Byju's following a lawsuit by a trust representing ......

Reliance, Walt Disney offer concessions to get antitrust nod for India merger

TMT

13 August, 2024

Reliance, Walt Disney offer concessions to get antitrust nod for India merger

Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India ......

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

Finance

13 August, 2024

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% ......