Nishit Navin
Stories by Nishit Navin
Allianz, Jio Financial said to have reached initial deal for India insurance biz
Jio and Allianz are understood to be in the process of finalising the ownership structure.
India’s Adani Green CEO to step down for new role in group
He will be replaced by Ashish Khanna, the current CEO of the group's international energy business.
India’s competition watchdog approves UltraTech-India Cements deal
UltraTech Cement signed a $472 million deal to gain control of India Cements.
MobiKwik IPO gets bids worth $4.7b as investors bet on fintech growth
MobiKwik stock was trading at around a 50% premium in the unregulated grey market.
India’s Adani Enterprises to raise $500m via share sale
The share sale marks the company's return to equity fundraising after it scrapped a $2.5 billion plan in February last year.
India’s AU Small Finance Bank seeks nod for universal bank licence
A universal bank license can help small lenders expand their operations
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.
India’s Nykaa posts slowest revenue growth since listing amid stiff competition
Shares of the company ended 5% higher ahead of the results.
Abu Dhabi’s IHC to sell stake in two Adani group companies
The conglomerate is looking to sell off its stake in Adani Green Energy and Adani Energy Solutions.
India’s Bombay Dyeing to sell land to Japan’s Sumitomo for $627m
The land sale will help the company fund future realty projects.
