Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: Adia - You Need To See This

Manipal Health IPO: Co. garners Rs 4,167 crore from anchor investors; ADIA, Morgan Stanley among investors

Manipal Health Enterprises secured Rs 4,167 crore from anchor investors for its upcoming IPO. The company's initial public offering is set to launch on July 29, aiming for Rs 9,275 crore. This public issue will include a fresh issue and an offer for sale by existing shareholders. Funds raised will…

The Economic Times

Temasek offloads 2% stake in Lenskart for Rs 1,945 crore

Temasek offloads 2% stake in Lenskart for Rs 1,945 crore

The sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July 10, Lenskart's stock closed at Rs 543.65 on the National Stock Exchange.

The Economic Times

Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giant

Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giant

While Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technology, private equity and sovereign wealth investors, including Meta, Google, Saudi Arabia's Public Investment Fund, KKR, Vista Equity Partners, Mubadala, General Atlantic, ADIA and TPG.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Pocket FM begins reverse flip talks; eyes potential India IPO

Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans for a domestic public listing. This move follows rival Kuku Technologies' formal steps towards an IPO, intensifying focus on India's growing audio and mobile-first storytelling market.

The Economic Times

Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block deal

ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailer’s growth prospects.

The Economic Times

Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely seller

Eyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through its investment vehicle, sold a portion of its shares. This follows a similar stake sale by SoftBank. Despite early investors reducing holdings, Lenskart's revenue surged in the January-March quarter. The company…

The Economic Times

Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer

Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation.…

The Economic Times

inkl

Read news from The Economist, FT, and more,
with one subscription

ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal

ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block deal

Abu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows SoftBank's recent Rs 2,873 crore share sale. Despite the sale, ADIA will retain significant holdings, indicating substantial paper gains on its 2023 investment. The move comes…

The Economic Times

ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit

ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price.

The Economic Times

The U.S. and Europe feared the Iran conflict would curtail the Gulf's appetite for global investments. The opposite is true

The U.S. and Europe feared the Iran conflict would curtail the Gulf's appetite for global investments. The opposite is true

The five biggest spenders–split across Saudi Arabia, the UAE and Qatar–collectively spent almost $26 billion during March, April and May.

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO

Gas engine manufacturer Innio said on Tuesday it was targeting a valuation of up to $20.25 billion in its U.S. initial public offering, as it looks to tap investor appetite for companies powering the AI boom.

The Economic Times

Eight staff of Australian Electoral Commission contractor fabricated voice referendum location data

Eight staff of Australian Electoral Commission contractor fabricated voice referendum location data

AEC ‘considering its legal position’ after investigation prompted by Guardian reporting into allegations from McNair whistleblower

The Guardian - AU

Hargreaves Lansdown says it will accept private equity buyout offer

Hargreaves Lansdown says it will accept private equity buyout offer

Investment fund supermarket has been offered £11.40 a share by trio of international investors

The Guardian - UK

ADIA Invests In Cheyne Capital Real Estate Debt Fund

ADIA Invests In Cheyne Capital Real Estate Debt Fund

ADIA's investment in Cheyne Capital's real estate debt fund boosts market presence and potential returns.

Get all your
news in one place.

100's of premium titles.
One news app.

UAE Wealth Fund Eyes -5 Billion Investments in India's Finance Hub

Learn about the exciting plans of a UAE wealth fund to invest -5 billion through India's finance hub, Gift City, shaping the future of financial innovation.

Zendesk Confirms Takeover Deal At 34% Premium; Share Prices Soar Premarket

Global investment firms Permira and Hellman & Friedman LLC agreed to takeover Zendesk, Inc (NYSE:ZEN) in an all-cash transaction that values Zendesk at $10.2 billion. The purchase price of $77.50 per share implies a premium of 34% over Zendesk's closing stock price of $57.95 on June 23. The investor group includes a subsidiary…

1

People

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

Wall Street Journal

Reliance Industries

Hargreaves Lansdown

the Economic Times

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

415,249 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play