Chinese President Xi Jinping and Prime Minister Narendra Modi used their first meeting on Indian soil in seven years to signal a thaw in ties and a willingness to manage shared challenges, including US President Donald Trump. But deep differences…
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Brookfield is negotiating to acquire PGP Glass from Blackstone for $1.3 billion. This deal marks a significant transaction between two major alternative asset managers in India. Blackstone aims to exit its six-year investment in the glass packaging company. A binding…
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Vodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of this ₹35,000-crore term loan. Other public and private sector banks are expected to join the lending consortium soon.…
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SP Group will likely await clearer listing timelines and valuations before selling shares. A potential Tata Sons public offering offers a clearer monetisation route. This move could significantly reduce SP Group’s future borrowing costs.
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HDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relaxation for Bharucha to complete a full term. Anup Bagchi and K Balasubramanian were strong external contenders for…
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PwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India will control operations despite holding 49.9%, bringing its consulting business together with PwC US’s India-based acceleration…
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