AIIB floats $500m fund to finance infrastructure corporate bonds

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The fund would help develop infrastructure as an asset class, grow debt capital markets for infrastructure and promote investments with a focus on EGG issues in Asia.

India Dealbook: Yatra, Orowealth, Linxens make acquisitions

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Yatra on Tuesday announced that it has acquired the corporate travel business of PL Worldways Ltd.


Alibaba Group acquires German startup Data Artisans

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Alibaba, which competes with e-commerce group Amazon.com, has been a customer of Data Artisans since 2016.


SBI-led lenders consortium proposes $900m turnaround plan for Jet Airways

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The resolution plan comprises fresh equity infusion and restructuring of $450 million of its loans.


India Digest: Tata Steel mulls asset sale; AXA may exit MF JV; IndiaNivesh’s maiden deal

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Tata Steel is in talks with China’s second-largest steel producer, the Hesteel group, for the sale of its assets in Southeast Asia.


Finn Partners acquires Hong Kong-based consultancy CatchOn

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The deal, which increases Finn’s total Asia headcount to more than 70, follows the 2018 acquisitions of London-based Brighter Group and US-based Missy Farren Associates.


Citigroup to end Chinese securities JV to set up majority-owned venture

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China’s securities regulator approved UBS Group’s majority stake in its securities JV, making it the first foreign bank to take such control.


Thanachart-TMB merger may chart exit route for Bank of Nova Scotia

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While Scotiabank’s involvement in Thai consumer banking goes back more than a decade, the Canadian lender has been reviewing a sell-down or exit for three years.


India Dealbook: Radware, Endurance make acquisitions; Pravesha sells Crest Cellulose

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Israeli cybersecurity company Radware on Monday has entered into a definitive agreement to acquire Endiya Partners-backed ShieldSquare.


India: Macquarie, NTPC among companies interested in buying IL&FS assets

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GAIL India Ltd and Solar Energy Corporation of India have also submitted expression of interest to buy the assets.