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Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed

As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…

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Prestige group raises ₹2,001 cr from ADIA, Kotak AIF to fund expansion

Realty firm Prestige Estates Projects Ltd has raised Rs 2,001 crore from Abu Dhabi Investment Autho…

PTI   


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Abu Dhabi Investment Authority invests $500 mn in eyewear unicorn Lenskart

Omnichannel eyewear unicorn Lenskart has signed a definitive agreement with Abu Dhabi Investment Au…

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Abu Dhabi's IHC exits Adani Green Energy and Adani Transmission

Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire G…

PTI   


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Abu Dhabi Investment Authority invests ₹665 crore in Aditya Birla Health Insurance

After the investment, Aditya Birla Capital will hold 45.91% stake and Momentum Metropolitan Hold…

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PM Modi arrives in UAE for final leg of two-nation visit

Prime Minister Narendra Modi arrived here on Saturday on a day-long visit to the UAE during which …

PTI   


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HDFC to sell 10% stake in its private equity real estate firm to Abu Dhabi Investment Authority

HDFC, India’s largest private sector housing finance company, has entered into an agreement with Ab…

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Calicut-bound Air India Express flight lands in Abu Dhabi after flames detected mid-air

Air India Express informed that the aircraft landed safely and all passengers are safe. Accor…

ANI   


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Zomato IPO gets subscribed 20% on first day of bidding

The retail segment of the offering has been fully subscribed in just over an hour. So far, the I…

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Adani Green Energy, Adani Transmission and Adani Enterprises to get $2 billion investment from Abu Dhabi's IHC

International Holding Company PJSC (IHC), the Abu Dhabi-based conglomerate, will invest $2 billion …

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TPG makes a billion dollar bet on Tata Motors’ EV dreams

Tata Motors will form a new subsidiary for its electric vehicle business that will hold the inve…

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FreshToHome attracts ADIO funding, to expand operations in UAE capital

FreshToHome said in a statement it would expand farming, supply chain and processing capabilitie…

PTI   


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ADIA to invest ₹4,966.80 cr in Reliance Retail Ventures

Reliance Retail Ventures Limited (RRVL) announced on Friday that a wholly-owned subsidiary of the A…

ANI   


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Mukesh Ambani is not done – Jio Fiber to get over $1 billion as Abu Dhabi and Saudi sovereign funds are set to invest in Reliance InvIT

Brookfield Infrastructure Partners has already invested ₹25,215 crore in the Tower InvIT. “Disc…

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A secretive SpaceX investor has scored a 75% stock gain in the past 3 weeks

International Holdings shares have surged for no apparent reason, lifting the company's market cap …

Sophie Kiderlin   


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EazyDiner raises ₹40 crore from DMI Alternative Investment Fund

Online restaurant table reservation and payments platform EazyDiner said that it has raised ₹40 cro…

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Inside the 18,000 capacity Etihad Arena, a state-of-the-art venue built on a $3 billion site in Abu Dhabi

The UFC returns with a live event in the COVID-era for the first time in 3 weeks, with a partial fa…

Alan Dawson   


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MaxWholesale raises USD 3 mn from IAN Fund, Abu Dhabi's Al Falaj Investments

"In the last year, we clocked 20 times growth in terms of revenue. Going forward, we are excited t…

PTI   


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Serum Institute of Life Sciences to invest additional $150 million in Biocon arm

The Serum Institute of Life Sciences said on Tuesday that it will invest another $150 million in Bi…

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'The shopping list is being readied': Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off

Saudi's Public Investment Fund, Abu Dhabi's Mubadala, and other sovereign wealth funds in the regio…

Theron Mohamed