Chris Thomas
Stories by Chris Thomas
Google in talks to invest $4b in Reliance’s digital arm: Report
Investors, including FB and KKR, have already poured in a combined $15.64 billion in Jio Platforms.
Indian ride-hailing company Ola follows Uber with job cuts as revenue sinks
The company Ola plans to cut 1,400 jobs, or about 35 per cent of its workforce.
India’s Reliance sells $750m stake in digital unit to Silver Lake
The deal comes days after Reliance secured a $5.7 billion investment from Facebook.
India’s Mahindra scraps SsangYong investment plan due to COVID-19 crisis
Mahindra also said it has asked majority-owned SsangYong Motor to look for other means of funding.
Walmart names Sameer Aggarwal as CEO for India cash-and-carry unit
Aggarwal's appointment comes months after the firm fired 56 of its executives in India.
Indian IT giant Infosys probes alleged ‘unethical practices’ by top officials; shares sink
The allegations come two years after Infosys endured a shake up that saw its then top boss Vishal Sikka leave the company.
India’s Reliance said to be in talks to buy British toymaker Hamleys
Reliance Retail currently has the license to sell Hamleys products in India.
India: HCC to sell litigation claims to BlackRock-led investors for $254m
HCC will set up a special purpose vehicle to carry out the transaction, which will issue non-convertible debentures to the investors.
India’s Mindtree rejects conglomerate L&T’s hostile takeover bid
L&T's hostile bid to acquire a controlling stake in Mindtree is the first in India's over $154 billion software services industry.
Brookfield buys hotels, property from India’s Hotel Leela Venture for $576m
The company will sell four Leela hotels at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra to Brookfield.
