Reuters
TMT
Saudi PIF, STC Group likely to bid for Spanish Cellnex's Austrian unit
Saudi Arabia's STC Group and sovereign fund PIF may bid for the Austrian unit of Spanish mobile phone tower operator Cellnex, ......
Finance
Saudi Arabia's PIF hits $749 bn in assets under management
Saudi Arabian sovereign wealth fund PIF's managed assets reached 2.81 trillion riyals ($749.2 billion) in 2023, state news agency SPA ......
TMT
SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO
Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial public offering, ......
Finance
Goldman Sachs hires BofA bankers for India dealmaking roles
Goldman Sachs has hired two senior bankers in India to cash in on growing dealmaking and investor interest in the ......
Finance
Morgan Stanley PE Asia to carve out China team, elevate India co-heads
Morgan Stanley Private Equity Asia (PEA) is reorganising its teams in the region as its current chief executive of Asia ......
Finance
RBI bars Kotak Mahindra from taking new clients online due to IT deficiencies
India's central bank said on Wednesday it had barred Kotak Mahindra Bank from taking on new customers via its online ......
Infrastructure
Hitachi Energy aiming to tap India's renewable energy market, to open more capability centres
Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand ......
Finance
Invesco's India arm settles mutual fund violation charges with SEBI
The Indian arm of global asset manager Invesco has settled charges of mutual fund rules violations with the country's market ......
Finance
CVC Capital aims at up to $16 bn valuation in Amsterdam IPO
CVC Capital Partners is targeting a market capitalisation as high as 15 billion euros ($16 billion) in its initial public ......
Manufacturing
JSW, Amara Raja, Reliance submit bids to make batteries
Reliance Industries, JSW Neo Energy and Amara Raja Advanced Cell Technologies are among seven companies who have submitted bids to ......