AU Small Finance Bank gets shareholders’ nod to raise $147m from Temasek unit

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This is the largest primary capital infusion in AU Bank and its first ever since their last raise in fiscal 2012.

Temasek

After failing to find buyer for flag carrier, govt plans Coal India share sale

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PM Modi plans to raise about $12 billion in the current year from asset sales.


HDFC Bank mulls relying entirely on India for proposed $2.3b share sale

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It will use the money to boost its capital buffers and support its growth plans for several years.


Thailand: Minor International confident of acquiring Spain’s NH Hotels, says CEO

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The Thai company has agreed to buy from China’s HNA, NH’s biggest shareholder, a 26.5% stake.


Malaysia’s GHL Systems truncates deal size in Vietnam’s MPOS Global

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Citing non-fulfillment of conditions, GHL has now picked 6.1% in MPOS Global against the earlier planned 31.6% in a downsized deal.


Australia’s Atlas Iron receives $290m offer from Hancock Prospecting unit

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The offer potentially sets off a three-way struggle for the iron ore miner.


India Digest: Genesis, Manjushree, Ruchi Soya sale; Ratan Tata backs N-E Small Finance Bank

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Last year, L Catterton Asia had sold its around 40 per cent stake in Genesis Luxury to Reliance Retail.


Google to invest $550m in China’s e-commerce giant JD.com

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The deal could help JD.com expand beyond its base in China and SE Asia and establish a meaningful presence in U.S. and European markets.


JSW Energy, Adani  submit EoIs for bankrupt Monnet Power

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This is the second time that JSW Energy has expressed interest in Monnet Power.


Razer Inc leads $3.28m funding round of ASX-listed Esports Mogul

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The investment is also seen as a move by Razor to deepen its play in the global gaming industry.