Enterprise

Shares of Vedanta, Cairn India surge by 5% after NCLT approves merger

NCLT, Mumbai bench has approved the scheme of arrangement between Vedanta Limited and Cairn India Limited .

Saudi Aramco to launch US$2 billion bond sale ahead of IPO

Oil giant Saudi Aramco is set to debut a Sukuk sale of US$2 billion ahead of IPO. The Sukuk, or Islamic bond will represent...

Bangkok Bank announces International Fintech Accelerator in collaboration with Nest

Thailand's largest commercial bank is on the hunt for startups with fresh ideas through the launch of a new accelerator programme in collaboration...

Life.SREDA, MDEC in strategic partnership to launch US$20 million joint fintech fund

Life.SREDA, a Singapore-based venture capital (VC) firm with Russian origins, made an announcement that it has entered into a strategic partnership with Malaysia Digital...

Sequoia China, CMC Holdings to establish sports investment fund

Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two...

Carlyle to launch new fund backed by IFC, targeting US$1 billion commitment to invest...

The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in...

Malaysian stock photo startup 123RF acquires TheHungryJPEG with plans to go IPO

Malaysian stock photo startup 123RF acquires TheHungry.JPEG to expand its design resources globally, paving the way for an Australian listing.

Baidu said to make US$100 million investment in Chinese electric car startup NextEV

Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.

IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette...

IFM's private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.

Korean ST Unitas to acquire the Princeton Review

During the press conference at Conrad Hotel in Seoul on the 14th of February, Korean's ST Unitas has made an announcement that it is to acquire the Princeton Review.
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