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US government admits role in causing helicopter-plane collision that killed 67 in WashingtonThe US government has admitted fault in a deadly crash near Washington DC. An air traffic controller and an Army helicopter pilot's actions...- Italy's Bending Spoons raises $710 million at $11 billion valuationMilan-based Bending Spoons has emerged as one of Europe's most prominent technology firms, with a strategy of purchasing struggling tech co...
- Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictmentGlobal banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US pros...
- UK reshapes its AI strategy under pressure to cut costsSince taking office in July, Prime Minister Keir Starmer's government has been reviewing the costs of AI. It has already scrapped a planned...
- Carlyle buys into Quest Global, invests $500 millionPrivate equity firm Carlyle Group will acquire a 28% stake in Quest Global Services, an engineering and R&D services provider, for $500m, a...
- Wall Street irked by frantic push to solve EM sovereign debt crisesAs government defaults rise to a record in the developing world, the debate is growing frantic over how to solve these debt crises. Restruc...
- Zomato picks Damini Bhalla as general counsel ahead of planned IPOBhalla was previously a Partner with L&L Partners and specialized in merger and acquisitions and private equity transactions. She was also ...
- Sebi imposes Rs 10 cr fine on MPS Infotecnics for violating mkt norms in GDR issuance matterThe corporate announcements made by MPS were false and misleading and the material and price sensitive information were also suppressed.
- GDR manipulation: Sebi slaps Rs 15.1 cr fine on IKF Technologies, othersSebi noted that IKF Technologies had come up with GDR issues on two occasions
- GDR manipulation: Sebi levies Rs 16 cr fine on Sanraa Media, its 6 officialsThe order comes pursuant to an investigation conducted by Sebi in connection with several Indian companies that had issued GDRs in overseas...
- Deep tech startups win over ‘patient’ VC fundsVCs have been pooling in more money in higher number of rounds in the past year as their appetite for niche products and platforms is growi...
- TV9’s minority shareholders move NCLTSAIF III Mauritius Company had moved NCLT to prevent the sale of TV9 by its majority stakeholder and venture capitalist Srini Raju and his ...
- VCs baffled by SoftBank's massive $100 billion tech fundSoftBank shocked VCs worldwide last October when it announced plans to raise a $100 billion "SoftBank Vision Fund" — a tech fund larger tha...
- China's $246-billion foreign acquisition frenzy is ending as dramatically as it beganAfter stunning the world with takeovers in 2016, Chinese dealmakers are now struggling to cope with tighter capital controls and increasing...
- IFC provides $165 million financing package to help meet Bangladesh’s energy needsThe financing will be through a combination of a $103-mn loan from IFC’s own account and an additional $62 mn mobilized through partners.
- Indian lawyers in demand: Foreign law firms queueing up to hire India expertsForeign companies are hunting for Indian lawyers with dual-qualifications – qualification to work in India and abroad.
- American Tower to buy Global Tower in $3.3-billion dealAmerican Tower shares climbed 4.6 per cent to $71.91 at the close in New York. The stock has declined 6.9 per cent this year.
- Asia's cash-poor small hedge funds vulnerable to US rulesAsia's smaller hedge funds may be the hardest hit by new rules in the US making it costlier to raise and manage funds from the world's bigg...
- UK-based Clifford Chance ties up with AZB & PartnersUK-based Clifford Chance, the world's largest law firm, and AZB & Partners, an Indian law firm, have entered into an informal tie up which ...
- Subprime crisis takes its toll on lawyers tooNew York law firms are cutting associates for the first time since 2001 as the collapse of the subprime mortgage and credit markets causes ...
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