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Bain, EQT, TPG enter final leg of race for UK's Vitabiotics at $900 mn-$1 bn valuation

Mumbai, March 25 -- A clutch of private equity funds, including Bain Capital, EQT and TPG, are in the final lap of discussions to acquire a stake in UK-based Vitabiotics, which will potentially value ... Read More


Sammaan Capital spurts after RBI clears proposed investment deal

India, March 25 -- The approval allows the investor, owned by International Holding Company PJSC, to proceed with an investment of approximately Rs 8,850 crore through a preferential issue. Upon compl... Read More


Lamborghinis stranded in Sri Lanka as war disrupts Asia's used-car trade

Dhaka, March 25 -- The US and Israeli strikes on Iran last month plunged the Middle East into crisis, disrupted global shipping routes and spawned a series of headaches for Umar Ali Hyder Ali's used-c... Read More


Free meal efficiency could save up Rp40 trln a year: minister

Jakarta, March 25 -- Indonesia could save up to Rp40 trillion (US$2.2 billion) annually by trimming operating days for its Free Nutritious Meals (MBG) program, Finance Minister Purbaya Yudhi Sadewa sa... Read More


Liquor Industry seeks 15 per cent hike in prices, blames West Asia crisis

New Delhi, March 25 -- The Indian alcoholic beverage industry is sounding the alarm. Battered by soaring raw material costs triggered by the ongoing Middle East conflict, two of India's most powerful ... Read More


Multibagger stock PG Electroplast share surges 9% in trade today following this development; find here

New Delhi, March 25 -- Multibagger stock PG Electroplast share price surged 9% on Wednesday, March 25, after the company said its room air-conditioner production, which had been impacted at some plant... Read More


Sensex surges 1,200 pts, Nifty tops 23,300 as markets rally; experts warn of volatility

Mumbai/IBNS, March 25 -- The Indian stock market opened sharply higher on Wednesday, with the BSE Sensex rising over 800 points and the NSE Nifty 50 trading above 23,100, media reports said. The broa... Read More


Five revenue-related ordinances issued during interim govt to become law: Cabinet Secretary

, March 25 -- related ordinances issued during the interim government period are set to become law, the Cabinet Secretary Nasimul Ghani said Wednesday. The cabinet has given both policy and final appr... Read More


Govt speeds up Sumatra recovery with cross-region collaboration

Jakarta, March 25 -- Home Affairs Minister Muhammad Tito Karnavian emphasized that the government is continuing to accelerate post-disaster recovery efforts in Sumatra by strengthening collaboration b... Read More


RCB, Rajasthan Royals and valuation boom: How IPL's latest sales pushed league into global sports asset elite

India, March 25 -- Royal Challengers Bengaluru's sale at $1.78 billion and Rajasthan Royals' sale at $1.63 billion have shifted the conversation around IPL franchise values. These are no longer number... Read More