Embassy Office Parks REIT to use $577m from proceeds to repay debt
Embassy Office Parks, co-sponsored by Blackstone and Jitu Virwani-promoted realty firm Embassy Group, currently has total debt of around ₹8,556 cror
Yes Bank to seek RBI’s nod to extend CEO Rana Kapoor’s term
In June, Kapoor had sought a three-year extension till 31 August 2021, but the regulator had agreed to extend his tenure only till 31 January 2019.
Blackstone said to mull sale of Thomson Reuters’ currency trading unit
Blackstone plans to review selling FXall after closing its purchase next month of a majority stake in Refinitiv, the new name of the division it’s i
India: Student housing startup Stanza Living raises $10m led by Sequoia
The startup’s existing investors, Matrix Partners and Accel Partners, also participated in the round.
Flipkart acquires Israeli analytics startup Upstream Commerce
This is Flipkart’s second acquisition in as many months, after the Walmart-controlled firm acquired Indian AI startup Liv.ai in August.
SG’s health tech firm Holmusk bags $9.75m pre-Series A investment
Holmusk will use the fresh funding to expand its footprint in the US and Europe.
Aavas raises $71.5m ahead of IPO; Anand Rathi, Flair Writing file DRHP
Aavas' anchor investors include Abu Dhabi Investment Authority, Kuwait Investment Authority, Nomura, HSBC Halbis, Morgan Stanley, Amundi, Wesatch, BNP
India: After mutual funds, Paytm Money plans foray into share trading
The firm is expected to submit its application within two weeks to either of the two exchanges, BSE and the National Stock Exchange (NSE).
Chinese steel giant Baowu in talks to take over rival Magang
The mega-marriage would sharply narrow Baowu's gap with top-ranked international producer ArcelorMittal.
Investcorp commits up to $250m to Everbright fund in first PE investment in China
The commitment includes an investment of up to $150 million in the second round of the China Everbright Limited New Economy Fund L.P. and an addition
