India To See Record Spurt In Billion Dollar Tech Deals: Top Advisory Firm
Business | George Smith Alexander | Tuesday September 11, 2018
The e-commerce, financial technology and emerging media sectors will see strong deal activity, according to boutique advisory firm Raine Group LLC.
Deals Worth $100 Billion In India's Biggest Merger And Acquisition Boom
Business | George Smith Alexander | Monday September 10, 2018
Transactions involving domestic companies have reached $104.5 billion in 2018, trouncing the previous annual record with almost four months left in the year, according to data compiled by Bloomberg.
Glaxo Seeks Mid-September Bids For $4 Billion Indian Horlicks Unit: Report
Business | George Smith Alexander, P R Sanjai and Ruth David | Wednesday August 22, 2018
UK pharmaceutical giant GlaxoSmithKline Plc has requested bids by mid-September for its $4.3 billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks, people with knowledge of the matter said.
Tata Group May Merge All Food Businesses Into One Company: Report
Business | P R Sanjai and George Smith Alexander | Wednesday July 4, 2018
The proposal is part of Chairman Natarajan Chandrasekaran's larger strategy to combine related businesses under a single umbrella.
Sunil Mittal May Invest $1 Billion In Son-In-Law's UK Hotel Chain: Report
Business | Bhuma Shrivastava and George Smith Alexander, Bloomberg | Tuesday May 29, 2018
The injection would come from a Bharti unit that handles Mittal's family wealth and would help Pasricha acquire and convert properties in trendy urban areas in U.S. and European cities into hotels aimed at appealing to younger travelers.
ICICI Bank Board Divided Over CEO Chanda Kochhar: Report
Business | George Smith Alexander and Anto Antony, Bloomberg | Monday April 9, 2018
ICICI's board, which consists of 12 members, reviewed credit approval processes and found them to be robust, according to a March 28 filing.
Tycoon's $7 Billion Wipeout Turns His India Dream Into Nightmare
India News | Elffie Chew and George Smith Alexander, Bloomberg | Friday March 2, 2018
It was supposed to be the crowning achievement of Malaysian tycoon T. Ananda Krishnan's five-decade career.
Singh Brothers Said To Have Taken $78 Million Out Of Fortis
India News | Ari Altstedter, George Smith Alexander, PR Sanjai, Bloomberg | Friday February 9, 2018
Billionaire Singh brothers took at least 5 billion rupees ($78 million) out of the publicly-traded hospital company Fortis Healthcare Ltd. they control without board approval about a year ago, people with knowledge of the matter said.
Tycoons Set To Remake India Steel As $26 Billion Battle Heats Up
Business | George Smith Alexander, Anto Antony and Swansy Afonso, Bloomberg | Wednesday December 20, 2017
Insolvent producers including Monnet Ispat & Energy Ltd. are attracting potential bidders as prices of the material soar and creditors embark on the first significant test of a bankruptcy law that's intended to encourage asset sales.
Reliance Said To Weigh Jio IPO After $31 Billion Wireless Spree
Business | Unni Krishnan, George Smith Alexander, Saket Sundria and P R Sanjai | Tuesday December 12, 2017
Reliance Industries is holding internal discussions about preparing to list Jio as soon as late 2018 or early 2019, according to people with knowledge of the matter.
Infosys Founders Take Control, Install Nandan Nilekani As Boss
Business | Saritha Rai and George Smith Alexander, Bloomberg | Thursday August 24, 2017
The group installed co-founder Nandan Nilekani, 62, as chairman and forced the exit of Chairman R Seshasayee along with three other directors, the company said Thursday in a statement.
Infosys Founders Plot Board Coup, Want Nandan Nilekani As Chief: Report
India News | Saritha Rai, George Smith Alexander, Bloomberg | Thursday August 24, 2017
A group of Infosys Ltd. founders, led by N R Narayana Murthy, is marshaling support from investors to take back control of the technology company by replacing several board members, according to people familiar with the matter.
India Poised For IPO Record As Insurers Rush New Deals To Market
Business | Anto Antony, George Smith Alexander, Bloomberg | Monday August 21, 2017
Total fundraising from first-time share sales in the country could rise to Rs 50,000 crore ($7.8 billion) this year.
Tata Boss Chandrasekaran Hires Bankers To Streamline Businesses, Sell Or Merge Units
Business | Bhuma Shrivastava, P R Sanjai and George Smith Alexander, Bloomberg | Wednesday August 9, 2017
The six largest listed Tata companies account for about 90 percent of the group's market capitalization and total revenue, according to data compiled by Bloomberg.
Axis Bank Is Said To Appoint Headhunters To Find New CEO
India News | George Smith Alexander and Anto Antony, Bloomberg | Friday July 14, 2017
Axis Bank Ltd., India's third-largest private sector bank, has appointed headhunters to start the search for a new chief executive officer to succeed Shikha Sharma, who is set to step down next year, people familiar with the matter said.
India To See Record Spurt In Billion Dollar Tech Deals: Top Advisory Firm
Business | George Smith Alexander | Tuesday September 11, 2018
The e-commerce, financial technology and emerging media sectors will see strong deal activity, according to boutique advisory firm Raine Group LLC.
Deals Worth $100 Billion In India's Biggest Merger And Acquisition Boom
Business | George Smith Alexander | Monday September 10, 2018
Transactions involving domestic companies have reached $104.5 billion in 2018, trouncing the previous annual record with almost four months left in the year, according to data compiled by Bloomberg.
Glaxo Seeks Mid-September Bids For $4 Billion Indian Horlicks Unit: Report
Business | George Smith Alexander, P R Sanjai and Ruth David | Wednesday August 22, 2018
UK pharmaceutical giant GlaxoSmithKline Plc has requested bids by mid-September for its $4.3 billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks, people with knowledge of the matter said.
Tata Group May Merge All Food Businesses Into One Company: Report
Business | P R Sanjai and George Smith Alexander | Wednesday July 4, 2018
The proposal is part of Chairman Natarajan Chandrasekaran's larger strategy to combine related businesses under a single umbrella.
Sunil Mittal May Invest $1 Billion In Son-In-Law's UK Hotel Chain: Report
Business | Bhuma Shrivastava and George Smith Alexander, Bloomberg | Tuesday May 29, 2018
The injection would come from a Bharti unit that handles Mittal's family wealth and would help Pasricha acquire and convert properties in trendy urban areas in U.S. and European cities into hotels aimed at appealing to younger travelers.
ICICI Bank Board Divided Over CEO Chanda Kochhar: Report
Business | George Smith Alexander and Anto Antony, Bloomberg | Monday April 9, 2018
ICICI's board, which consists of 12 members, reviewed credit approval processes and found them to be robust, according to a March 28 filing.
Tycoon's $7 Billion Wipeout Turns His India Dream Into Nightmare
India News | Elffie Chew and George Smith Alexander, Bloomberg | Friday March 2, 2018
It was supposed to be the crowning achievement of Malaysian tycoon T. Ananda Krishnan's five-decade career.
Singh Brothers Said To Have Taken $78 Million Out Of Fortis
India News | Ari Altstedter, George Smith Alexander, PR Sanjai, Bloomberg | Friday February 9, 2018
Billionaire Singh brothers took at least 5 billion rupees ($78 million) out of the publicly-traded hospital company Fortis Healthcare Ltd. they control without board approval about a year ago, people with knowledge of the matter said.
Tycoons Set To Remake India Steel As $26 Billion Battle Heats Up
Business | George Smith Alexander, Anto Antony and Swansy Afonso, Bloomberg | Wednesday December 20, 2017
Insolvent producers including Monnet Ispat & Energy Ltd. are attracting potential bidders as prices of the material soar and creditors embark on the first significant test of a bankruptcy law that's intended to encourage asset sales.
Reliance Said To Weigh Jio IPO After $31 Billion Wireless Spree
Business | Unni Krishnan, George Smith Alexander, Saket Sundria and P R Sanjai | Tuesday December 12, 2017
Reliance Industries is holding internal discussions about preparing to list Jio as soon as late 2018 or early 2019, according to people with knowledge of the matter.
Infosys Founders Take Control, Install Nandan Nilekani As Boss
Business | Saritha Rai and George Smith Alexander, Bloomberg | Thursday August 24, 2017
The group installed co-founder Nandan Nilekani, 62, as chairman and forced the exit of Chairman R Seshasayee along with three other directors, the company said Thursday in a statement.
Infosys Founders Plot Board Coup, Want Nandan Nilekani As Chief: Report
India News | Saritha Rai, George Smith Alexander, Bloomberg | Thursday August 24, 2017
A group of Infosys Ltd. founders, led by N R Narayana Murthy, is marshaling support from investors to take back control of the technology company by replacing several board members, according to people familiar with the matter.
India Poised For IPO Record As Insurers Rush New Deals To Market
Business | Anto Antony, George Smith Alexander, Bloomberg | Monday August 21, 2017
Total fundraising from first-time share sales in the country could rise to Rs 50,000 crore ($7.8 billion) this year.
Tata Boss Chandrasekaran Hires Bankers To Streamline Businesses, Sell Or Merge Units
Business | Bhuma Shrivastava, P R Sanjai and George Smith Alexander, Bloomberg | Wednesday August 9, 2017
The six largest listed Tata companies account for about 90 percent of the group's market capitalization and total revenue, according to data compiled by Bloomberg.
Axis Bank Is Said To Appoint Headhunters To Find New CEO
India News | George Smith Alexander and Anto Antony, Bloomberg | Friday July 14, 2017
Axis Bank Ltd., India's third-largest private sector bank, has appointed headhunters to start the search for a new chief executive officer to succeed Shikha Sharma, who is set to step down next year, people familiar with the matter said.
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