Anuron Kumar Mitra
Stories by Anuron Kumar Mitra
Foxconn’s India unit Bharat FIH files for $663m domestic IPO
The company manufactures and assembles Xiaomi mobile phones in India.
Aramco in talks to buy 20% stake in Reliance’s oil refining, chemicals biz
Reliance announced a sale of a stake in its oil-to-chemicals business to Aramco for $15 billion in 2019.
India: E-commerce beauty startup Nykaa seeks to raise $500m via IPO
The TPG-backed firm sells cosmetics, grooming products and clothes.
Ant-backed Zomato’s stellar debut sets pace for other Indian tech listings
Paytm, Oyo Hotels and Ola, both backed by SoftBank, are among other Indian startups set to enter markets.
India’s Adani Green to buy SoftBank-backed SB Energy in $3.5b deal
SoftBank owns 80% of SB Energy, while the rest is owned by Bharti Global.
India’s Adani Ports may abandon Myanmar project if found to violate US sanctions
A write-down would not have a material impact as the project accounts for only about 1.3% of the company's total assets, it said.
India: Macrotech’s IPO fully subscribed on final day after tepid start
This was the company's third effort at a stock listing after failed attempts in 2009 and 2018.
Warburg-backed Kalyan Jewellers IPO loses shine, sees tepid demand
Lockdowns slashed India’s gold demand by 35% in 2020.
Walmart’s Flipkart to hire 70,000 in India ahead of festive season
Flipkart’s “Big Billion Days”, styled on the lines of Amazon’s Prime Day, rakes in its biggest sales for the year.
Tata Sons said to acquire AirAsia India stake at steep discount
Tata Sons may tie up with other financial investors to acquire AirAsia's 49 per cent stake in the venture.
