Microsoft Corp. and Discord Inc. hold a great deal of sway with video game fans. As they now hold talks for a potential $10 billion acquisition, a deal would join two companies in pursuit of audiences far beyond gamers...
Telegram raises $1 billion through bond sales
Telegram has raised over $1 billion through bond sales to multiple investors, the messaging app’s founder Pavel Durov said on Tuesday. The funding round included a combined $150 million investment by Mubadala...
Saudi Aramco still in discussion to pick up stake in RIL’s O2C business
Energy major Saudi Aramco remains in discussion with Reliance Industries Ltd (RIL) for a potential deal to buy a 20% stake in its oil-to-chemical (O2C) unit, Morgan Stanley Research said on Monday in a note to clients...
Pimco rules out future Adani Ports investment on controversial Australia coal project
Pacific Investment Management Co., which is seeking to decarbonize its investment portfolio, has stopped participating in the bond offerings of Adani Ports & Special Economic Zone Ltd. because of its links to a...
IIFL AMC raising Rs2,000 cr fund for late stage, pre-IPO startup investments
IIFL Asset Management (IIFL AMC) has launched its latest alternative investment fund that will make late stage and pre-IPO investments in India’s fast growing technology startups, said a senior executive of the...
IT cos eye acquisitions to boost key segments
Indian information technology (IT) services companies are taking the inorganic route to ramp up business in key verticals to expand their client base and technology capabilities, and also add new talent. While...
Box Inc explores sale amid pressure from Starboard: Report
US cloud services provider Box Inc is exploring a sale amid pressure from hedge fund Starboard Value LP over its stock performance, according to people familiar with the matter. Redwood City, California-based Box has...
Amazon-Future battle: Relief for Future Group as court stays order blocking RIL
A division bench of the Delhi high court on Monday granted Future Group’s Kishore Biyani a reprieve from a single-judge order that froze his assets and restrained the group he founded from taking any steps to sell its...
Tata eyes stake sales in financial services units
Tata Sons Ltd is considering selling stakes in some of its financial services units, a move that the company hopes will help unlock value and raise funds for investments in newer businesses such as online retail, two...
Greenko raises $940 million through latest bond issue
Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody’s Investors Service’s Ba1 rated bond being over $2.5 billion...
Elevation Capital partners Think Capital to build SPAC route for Indian startups
Elevation Capital, earlier known as SAIF Partners, has tied up with San-Francisco-headquartered Think Investments LLC to float blank check company called Think Elevation Capital Growth Opportunity, focused on Indian...
Piramal Capital raises ₹4,050 crore via NCDs
Piramal Capital & Housing Finance Ltd on Monday said it has raised ₹4,050 crore through two tranches of five-year non-convertible debentures (NCDs). The first tranche of ₹2,000 crore opened on 10 March with a pay-in...
