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Asia M&A fees drop to 11-year low amid slow-cooked deals

General

27 June, 2024

Asia M&A fees drop to 11-year low amid slow-cooked deals

Financial advisory fees from mergers and acquisitions in Asia dropped to the lowest levels in 11 years in the first ......

SEBI mulls relaxing some disclosure norms for listed companies

Markets

27 June, 2024

SEBI mulls relaxing some disclosure norms for listed companies

India's markets regulator is considering easing certain disclosure norms for listed companies, ranging from related party transactions to large shareholders. The ......

UltraTech buys 23% stake in India Cements for $226 mn

Infrastructure

27 June, 2024

UltraTech buys 23% stake in India Cements for $226 mn

UltraTech Cement said on Thursday it will buy a 23% stake in rival India Cements for up to 18.85 billion ......

Bosch weighs takeover offer for appliance maker Whirlpool

Manufacturing

26 June, 2024

Bosch weighs takeover offer for appliance maker Whirlpool

German engineering group Robert Bosch GmbH is weighing a bid for U.S. appliances manufacturer Whirlpool, according to three people familiar ......

Hyundai India IPO bankers set for big payday with $40-mn fee

Manufacturing

26 June, 2024

Hyundai India IPO bankers set for big payday with $40-mn fee

Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in ......

Financials, banks lead Sensex, Nifty to end at 2-week high

Finance

25 June, 2024

Financials, banks lead Sensex, Nifty to end at 2-week high

Indian benchmarks settled at record closing highs on Tuesday, posting their best day in more than two weeks, lifted by ......

SEBI to tighten stock derivative, financial influencer rules

Markets

25 June, 2024

SEBI to tighten stock derivative, financial influencer rules

India's markets regulator is likely to tighten rules for stocks to be eligible for derivatives trading and ask brokers and ......

Sensex, Nifty end mildly higher aided by auto, consumer shares

Finance

24 June, 2024

Sensex, Nifty end mildly higher aided by auto, consumer shares

Indian shares ended with meagre gains on Monday helped by auto and consumer stocks, while some small- and mid-cap stocks ......

True North plans exit move as Niva Bupa prepares for $360-mn IPO

Finance

24 June, 2024

True North plans exit move as Niva Bupa prepares for $360-mn IPO

Indian health insurer Niva Bupa is planning to raise $360 million in an IPO, potentially valuing the business at up ......

Prosus writes off its 9.6% stake in Byju's

TMT

24 June, 2024

Prosus writes off its 9.6% stake in Byju's

Tech investor Prosus NV said it has written off the fair value of its 9.6% stake inĀ Indian edtech firm Byju's ......