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IndiGo co-founder Gangwal sells stake worth $820 mn

Infrastructure

11 March, 2024

IndiGo co-founder Gangwal sells stake worth $820 mn

Rakesh Gangwal, co-founder of Indian airline IndiGo, sold a 5.8% stake worth $820.3 million in operator Interglobe Aviation via bulk ......

Advent International-backed Aditya Birla Capital to merge with financial unit

Finance

11 March, 2024

Advent International-backed Aditya Birla Capital to merge with financial unit

India's Aditya Birla Capital Ltd (ABCL) said on Monday it will merge with its unit Aditya Birla Finance and turn ......

SEBI flags froth in small and mid-cap stocks

Markets

11 March, 2024

SEBI flags froth in small and mid-cap stocks

India's markets regulator Securities and Exchange Board of India (SEBI) said on Monday that there may be pockets of irrational ......

India equity mutual fund inflows jump to near two-year high in February

Markets

08 March, 2024

India equity mutual fund inflows jump to near two-year high in February

Inflows into India's equity mutual funds rose to their highest in nearly two years in February, with small-caps leading the ......

HSBC hires Asia head for ultra-HNIs, names insider to lead India family office coverage

Finance

08 March, 2024

HSBC hires Asia head for ultra-HNIs, names insider to lead India family office coverage

HSBC Holdings on Friday announced two senior hires in the private banking sector, as it looks to enhance coverage of ......

Stonepeak raises $3.3 bn for its first Asia-dedicated infrastructure fund

Finance

08 March, 2024

Stonepeak raises $3.3 bn for its first Asia-dedicated infrastructure fund

Stonepeak, a New York-headquartered alternative investment firm, on Friday said it has raised $3.3 billion for its Stonepeak Asia Infrastructure ......

SEBI bans JM Financial from managing new bond issuances

Finance

07 March, 2024

SEBI bans JM Financial from managing new bond issuances

India's markets regulator said on Thursday it had barred JM Financial from taking on new mandates for bond issues. The Securities ......

Rajiv Jain-led GQG Partners acquires Singtel's partial stake in Bharti Airtel

TMT

07 March, 2024

Rajiv Jain-led GQG Partners acquires Singtel's partial stake in Bharti Airtel

Singapore Telecommunications on Thursday said it has sold a 0.8% stake in India's Bharti Airtel for S$950 million (nearly $711 ......

Norway wealth fund to seek more women on company boards in India, other emerging markets

Finance

06 March, 2024

Norway wealth fund to seek more women on company boards in India, other emerging markets

Norway's $1.6 trillion sovereign wealth fund, the world's largest, will call on emerging market companies in which it invests to ......

BlackRock sees India, Indonesia as promising for investments in APAC region

General

05 March, 2024

BlackRock sees India, Indonesia as promising for investments in APAC region

United States investment firm BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its ......