Chris Thomas
Stories by Chris Thomas
RBI supersedes Aviom India Housing Finance board, to start bankruptcy process
Sabre Partners and investment firm Nuveen are among Aviom's equity investors.
Accel, Kalaari look to sell stake in Bluestone Jewellery’s $350m India IPO
The company is seeking a valuation of $1.4b, Reuters reported.
MobiKwik’s $67m India IPO fully sold in first hour on retail rush
MobiKwik sold shares to Norges, HDFC MF, and Quant MF, among others.
India: IndoStar Capital jumps on $209m deal to sell home finance unit to PE firm EQT
EQT plans to invest $59.84 million in the affordable housing loan provider, IndoStar Home Finance.
India’s low-cost carrier SpiceJet plans to raise $250m
SpiceJet had announced three fundraises in 2023 to help clear unpaid dues and restore its fleet.
CEO seeks to reassure as Paytm stock crashes for second straight day
Since the RBI’s order on Wednesday, Paytm shares have lost 36%
Sony seeks $90m termination fees after abandoned $10b merger with India’s Zee
A stalemate over who will lead the combined company is said to have put the merger in danger.
IndiGo’s parent plans to start electric air taxis in India by 2026
InterGlobe Enterprises will partner with US-based Archer Aviation.
India’s SBI Card, Reliance’s retail unit to launch new credit card
The partnership marks Reliance's foray into the credit card space.
Paytm founder Sharma open to increasing stake in firm from 19.4%
Sharma had bought Chinese firm Antfin's stake in the firm recently.
