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Dubai comeback call! Tensions rise as law firms want staff back in UAE amid fragile US-Iran ceasefireLaw firms in Dubai and Abu Dhabi are asking employees to return to offices. Some lawyers who left the UAE during the Iran conflict are hesi...
Law firms seek AI edge with new executive hiresIn the latest hire, Ropes & Gray said on Thursday that it has brought on Gretchen Greene, a lawyer-scientist from Meta Platforms, as the 1,...
Even before TikTok's troubles, Chinese companies were wary of WashingtonAccording to investors and experts, companies with ties to China are now facing increased regulatory and political scrutiny, leading some t...
US attorney behind Adani's bribery charges, Breon Peace, to resign as Trump returnsBrooklyn US Attorney Breon Peace, appointed by President Biden, will step down on January 10. His tenure saw high-profile convictions, incl...
Reliance, Disney announce deal to create $8.5 billion media goliathReliance Industries, Viacom 18, and Disney merge Viacom18 and Star India to create a JV valued at Rs 70,352 crore ($8.5 billion). The JV wi...
Reliance, Disney sign binding agreement to form JV, to merge media operations in IndiaReliance Industries Limited (“RIL”), Viacom 18 Media Private Limited (“Viacom18”) and The Walt Disney Company (NYSE:DIS) (“Disney”) today a...
Vedanta bondholders set high payout bar, want promoter to contribute capital, tooFor the remaining portion of the two bonds maturing in 2024 and 2025, investors want fresh notes valued at 1.3 of each existing bond.
Vedanta Resources' bond restructuring plan faces resistance from investors seeking better termsInitial feedback from investors in Singapore and Hong Kong reveals discomfort with the proposed restructuring, raising the possibility of o...
Vedanta Resources bondholders appoint Cleary Gottlieb Steen & Hamilton LLP as legal advisorA group of bondholders of Vedanta Resources, including Oaktree Capital Management and Avenue Capital, have appointed Cleary Gottlieb Steen ...
US regulators unveil antitrust roadmap with Big Tech in crosshairsU.S. antitrust regulators published guidelines on Wednesday on the kinds of mergers and acquisitions they object to, reaffirming the skepti...
Meta loses as top EU court backs antitrust regulators over privacy breach checksAntitrust authorities overseeing firms such as Facebook owner Meta Platforms are entitled to also assess privacy breaches, Europe's top cou...
Global dealmaking sinks to lowest level in over a decadeA banking crisis that started in the United States this month with Silicon Valley Bank and spread to Europe with the Swiss government-orche...
M&M raises Rs 1925 cr in a proposed EV subsidiary from BII at a valuation of Rs 70,070 crBritish International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) executed...
'Sovereign wealth funds investing in a value-driven basis now'“They are becoming an increasingly important source of capital and they are also being more aggressive," says Tihir Sarkar of Cleary Gottli...
Punjab National Bank wants to be part of Nirav cases in USThe lender, which is at the centre of a Rs 13,600-crore fraud blamed on the diamond merchant, hired US law firm Cleary Gottlieb Steen & Ham...
TPG to buy stake in India's Manipal Health for $146 millionIndia's private hospital operators are attracting strong investor interest as a growing number of more affluent Indian patients are willing...
How financial advisory firm Lazard is making lucrative business out of broke governments' woesLazard has found lucrative work advising governments in two of the world’s current economic trouble spots: Greece and Ukraine.
- Treasury to start sale of Citi stake, exit bailout
The US Treasury Department may start selling its 7.7-billion Citigroup shares as soon as on Monday, in the biggest step since December to w...
- Reliance Power IPO subscribed 5.36 times
The 26 crore issue was subscribed 5.36 times at price band of Rs 450 in just a few minutes of issue opening. Rel Power IPO | Stocks to Watc...
- Wockhardt buys French co for Rs 1,090 cr
Wockhardt has acquired Negma Laboratories in cash - a deal that would give it access to the European mkt.