Reuters
TMT
Zee withdraws Sony merger application with national company tribunal
Zee Entertainment Enterprises said on Tuesday it was withdrawing an application filed with an Indian company tribunal that was aimed ......
TMT
Govt defers nod for Paytm's investment in its payments arm
India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part ......
Economy
Govt to mull panel for tackling systemic risks in derivatives market amid high demand
India's top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and ......
Finance
Private equity firm CVC Capital unveils plan for $1.3 bn IPO
Executives at CVC closely watched the conflict in the Middle East over the weekend as they prepared to unveil the ......
Finance
Jio Financial forms JV with BlackRock for wealth management, broking businesses
Jio Financial Services said on Monday that it had entered into a new joint venture (JV) with U.S.-based BlackRock Inc ......
Infrastructure
Ontario Teachers'-backed Mahindra Susten to invest $150 mn in green energy projects
Tech-to-tractor conglomerate Mahindra Group will invest 12 billion rupees (about $144 million) to set up solar and wind energy projects ......
Consumer
Consumer goods firms gear up to cash in on a sizzling summer
Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a ......
Manufacturing
UAE's ADNOC recently eyed BP as takeover target
The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......
Finance
Norway govt says $1.6 trillion wealth fund will not invest in private equity
Norway's $1.6 trillion sovereign wealth fund, the world's largest, should not be allowed to include private equity investments in its ......
TMT
Vodafone Idea to raise $2.16 bn via India's biggest follow-on stock offering
Indian telecom operator Vodafone Idea said on Friday it would raise up to 180 billion rupees ($2.16 billion) later this ......