ABU DHABI INVESTMENT COUNCIL
View: Opec+ is on track to hibernate
Opec+ will risk a period of price weakness that they believe will be short-lived.
Saudi Aramco seeks $1.71 trillion valuation in world’s biggest IPO
Aramco will sell just 1.5% of its shares on the the local stock exchange, ...
The reality behind India-Saudi Arabia's growing ties
Pragmatism dictates India-Saudi ties. While Delhi needs investment and oil, Riyadh needs...
View: Modi finds his inner Thatcher with privatisation drive
Most importantly, India should set its sights at something higher and more durable than a crisis response.
Kotak’s PE arm raises $1 billion to invest in distressed assets
Abu Dhabi Investment Authority has committed $500 million as anchor investor in the fund.
GVK raises Rs 7,600 crore to pare debt, buy 23.5% stake in Mumbai Airport
GVK has raised a significant sum & will now look to halt Adani Group's bid to acquire a stake in Mumbai Airport.
Essel said in talks to sell toll roads to National Investment & Infrastructure Fund
The assets that NIIF is planning to buy are four toll roads that are in operations and two in construction.
PM Narendra Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties
This is his second visit to the Gulf Kingdom. During his first visit in 2016, King Salman conferred Saudi's highest civilian award on him. The Crown Prince visited India in February 2019, giving a further fillip to the bilateral ties.
Abu Dhabi’s Masdar eyes Hero Energy stake
Hero Future Energies aims to raise $300 million at $1 billion valuation.
UrbanClap gets investment from ex-Flipkart exec
UrbanClap is backed by investors like Steadview Capital, Vy Capital, SAIF Partners, Accel and Bessemer Venture Partners.
GIC, ADIA invest $329 million more in Greenko
The funds will be predominantly used to facilitate Greenko's ongoing 2.4GW storage projects and acquisitions.
Lupin looks to sell Japanese arm Kyowa for $600 million
Kyowa grew a modest 5% over the year-ago level. Its net profit halved to Rs 68.6 crore constituting 11.3% of Lupin’s consolidated profit. "Pricing pressure in Japan has hit the company very hard, especially last year. Since then, gross margins have dropped from 55% in FY18 to 31% in FY19," Lupin MD Nilesh Gupta said.
Total, RIL unlikely to bid for BPCL; BP wants to see whats on offer
The government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor in the biggest privatisation bid in the history of India.
Talks between Jet’s lenders and Etihad sour; Jet cancels Abu Dhabi flights
Etihad has been told that if it can't accept the terms, it should make way for a new investor.
AustralianSuper, Ontario Teachers’ to invest $2 bn in NIIF
The agreements include commitments of $250 million each in the Master Fund and co-investment rights of up to $750 million each in future opportunities alongside the Fund.
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