Reuters
Finance
Blackstone to invest $2 bn a year in India
Blackstone will invest at least $2 billion a year in India for the next five years, a top company executive ......
Finance
Standard Chartered picks new regional heads amid investment banking reshuffle
Standard Chartered has picked new regional heads, according to a person with knowledge of the matter, as the Asia-focused bank ......
Infrastructure
JSW Energy to raise $600 mn via share sale
Power producer JSW Energy said on Tuesday it would raise up to 50 billion rupees ($599.5 million) by selling shares ......
Finance
Blackstone weighs $300 mn IPO of India diamond certification firm
Blackstone is exploring raising $300 million via an India IPO of the International Gemological Institute (IGI), less than a year ......
Infrastructure
Embassy Office Parks REIT plans to raise up to $400 mn, hires banks
India's largest real estate investment trust, Embassy Office Parks, plans to raise up to $400 million from investors, two sources ......
Manufacturing
India's manufacturing growth hits 16-year high in March
India's manufacturing industry enjoyed solid growth in March, expanding at the fastest pace in 16 years thanks to accelerating demand, ......
Markets
Why Indian stock markets are missing the traditional pre-election rally
With weeks to go before India starts voting in a general election that the incumbent government is widely expected to ......
Consumer
Aditya Birla Fashion to list flagship lifestyle brands as separate entity
Apparel retailer Aditya Birla Fashion and Retail (ABFRL) said on Monday it was planning to demerge Madura Fashion & Lifestyle ......
Economy
Govt raises $1.98 bn from divestments in FY24, misses target
The Indian government has raised 165 billion rupees ($1.98 billion) in 2023/24 by selling its stakes in about 10 state-run ......
Finance
Global M&A momentum turns around in first quarter after soft 2023
Mergers and acquisitions (M&A) bounced back in the first quarter after a downbeat 2023, thanks to the return of mega ......