Global private equity firm Blackstone has raised its third Asia-focused fund at $13.1 billion, exceeding its $10 billion target and making it one of the largest fundraisers in the region,…
Category: Companies
Brands, retailers betting big on premiumisation strategy
Leading brands and retailers in key categories such as footwear, apparel, accessories and beauty are betting big on premiumisation strategy. This move comes as they are raking up higher growth…
Go Colors eyes bigger stores, broader apparel play for growth reset
On Chennai’s Nungambakkam High Road stands a two-storey Go Colors store spanning nearly 2,000 sq ft. The apparel outlet has everything—from women’s tops and ethnic daily wear to jeans, palazzos,…
Cyient’s largest acquisition puts spotlight on buyouts by mid-sized IT companies to boost revenue
Cyient Ltd’s acquisition of Tao Digital Solutions Inc for $218 million, its largest, has put the spotlight on buyouts made by India’s mid-sized tech services companies with less than $2…
More companies slipped into losses in Q4. Is the worst still ahead?
More companies slipped into losses in the March quarter (Q4FY26) despite a broader recovery in revenues, as rising input costs hit smaller firms with limited pricing power and weaker balance…
NVIDIA salaries revealed: Software engineers can earn up to ₹3.74 crore as AI giant expands H-1B hiring
As several major technology companies scale back foreign recruitment amid a tougher US immigration environment, NVIDIAa is charting a different course. Federal labour filings show the artificial intelligence chipmaker increased…
Tata Sons marks down the valuation of Tata Neu’s parent during latest cash infusion
Mumbai: Tata Sons infused capital into Tata Digital at a lower valuation in April, for the first time marking down its value, at a time when its cash burn and…
Wockhardt’s new drug, India’s second to get US nod, now eyes commercial success
Wockhardt’s $800-million bet on antibiotic research paid off on Saturday with the US drug regulator’s approval for Zaynich, only the second homegrown new drug from India to achieve the feat,…
Alphabet’s AI Push: Google parent to raise $80 billion from stock sale; Berkshire Hathaway invest $10 billion more
, has announced plans to raise $80 billion through a series of stock sales, anchored by a $10 billion private investment from Berkshire Hathaway, as the technology giant accelerates spending…
Companies turn to private market deals amid IPO slowdown, says Deloitte’s Berry
Mumbai: Global uncertainty and a softer initial public offering (IPO) market are pushing more companies toward private market transactions, even though investors take longer to close deals amid a sharper…