By Pramugdha Mamgain
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.
Yatra on Tuesday announced that it has acquired the corporate travel business of PL Worldways Ltd.
Alibaba, which competes with e-commerce group Amazon.com, has been a customer of Data Artisans since 2016.
The resolution plan comprises fresh equity infusion and restructuring of $450 million of its loans.
Tata Steel is in talks with China’s second-largest steel producer, the Hesteel group, for the sale of its assets in Southeast Asia.
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.
China’s securities regulator approved UBS Group’s majority stake in its securities JV, making it the first foreign bank to take such control.
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.
Israeli cybersecurity company Radware on Monday has entered into a definitive agreement to acquire Endiya Partners-backed ShieldSquare.
GAIL India Ltd and Solar Energy Corporation of India have also submitted expression of interest to buy the assets.