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Urvi Dugar

Stories by Urvi Dugar

Deals

Couche-Tard approaches Seven & i again after $38.5b offer rejection

The 7-Eleven operator has said the proposal is not in the best interest of its shareholder.

Policy & Regulations

China approves domestic ChatGPT-like products from Baidu, others

Baidu became the first company to receive such approval after regulatory setbacks.

People

Singapore’s Temasek cuts pay for staff responsible for FTX investment

Its investment in FTX resulted in a writedown of $275 million.

Unicorns

BYJU’S CEO assures firm’s compliance after raids over alleged forex law violations

Byju's is one of India's biggest startups, once valued at $22 billion.

People

Chief of Singapore’s MAS Ravi Menon set to leave post: report

One of his former deputies, Chia Der Jiun, is tipped to be his successor, Bloomberg reported.

Deals

Crypto lender Voyager’s customers vote in favour of bankruptcy plan

97% of customers representing 98% of the total claims, voted in favour.

IPOs & Markets

Solar tech firm Nextracker pockets $638m in upsized US IPO

Nextracker sold 26.6m shares of its Class A common stock at $24 apiece.

Deals

Pension schemes advised to sell LDI funds run by BlackRock, others

Investment advisers have cut their ratings on some pooled LDI funds.

Policy & Regulations

India to ban Chinese-linked betting and lending apps

Last year, India blocked access to several Chinese mobile apps, citing security concerns.

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