Anto Antony, BQ Prime

Anto Antony

BQ Prime

Mumbai, MH, India

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Recent:
  • Unknown
Past:
  • BQ Prime
  • Bloomberg
  • Washington Post

Past articles by Anto:

India Wealth Fund Drops Investment in TPG-Backed FirstCry

(Bloomberg) -- India’s sovereign wealth fund has scrapped plans to invest in FirstCry.com, an e-commerce startup backed by TPG, people familiar with the matter said. The country’s National Investment & Infrastructure Fund Ltd. → Read More

India’s Zomato Nears All-Stock Takeover for Blinkit

(Bloomberg) -- India’s online food delivery platform Zomato Ltd. is nearing an all-stock deal to take over instant grocery delivery service Blinkit, according to people familiar with the matter. → Read More

Asia’s Richest Man Looks to Walton Family Playbook on Succession

Mukesh Ambani’s grand plan is aimed at averting pitfalls of the past → Read More

Asia’s Richest Banker Explores Takeover of IndusInd Bank

Kotak Mahindra Bank Ltd., backed by Asia’s richest banker, is exploring a takeover of smaller Indian rival IndusInd Bank Ltd., people with knowledge of the matter said, a move that would create the nation’s eighth-largest financial firm by assets. → Read More

Tata Consumer Said to Mull Bid for Coffee Day’s Vending Business

(Bloomberg) -- Tata Consumer Products Ltd. is weighing a non-binding bid for the vending machine business of Coffee Day Enterprises Ltd., according to people familiar with the matter. → Read More

Blackstone, Partners Group Said In Race to Buy Piramal Glass

(Bloomberg) -- Blackstone Group Inc. and Partners Group Holding AG are the two remaining bidders vying for a controlling stake in Piramal Enterprises Ltd.’s glass unit, people familiar with the matter said. → Read More

Standard Chartered Fined $13.6 Million for 2007 India Deal

India’s anti-money laundering agency fined Standard Chartered Plc 1 billion rupees ($13.6 million) for breaking foreign exchange rules when it worked on the takeover of a local bank, marking one of the country’s biggest penalties imposed on an overseas lender. → Read More

Times of India Publisher Mulls Minority Stake Sale in Internet Unit

Bennett Coleman & Co. is considering selling a stake in its Internet unit, according to people familiar with the matter, as the publisher of The Times of India looks to expand the business in one of the world’s fastest growing digital markets. → Read More

Asia’s Richest Man Is on a Shopping Spree in Race Against Amazon

Mukesh Ambani, Asia’s richest man who spent the early few months of the pandemic raising more than $20 billion by selling stakes in his technology venture, is now on a shopping spree. → Read More

Axis Bank Picks Arrangers for $1.3 Billion Share Sale

Axis Bank Fundraising: The Axis Bank share sale could come as soon as the end of August and the private lender may add more advisers for the issue. → Read More

Goldman India CEO Tells Clients Liquidity is the ‘Biggest Theme’

Goldman Sachs Group Inc. is telling clients in India to fortify their balance sheets to prepare for the uncertainty brought by the coronavirus pandemic. → Read More

India’s ICICI Bank Weighs Share Sale of Up to $3 Billion

(Bloomberg) -- ICICI Bank Ltd. is considering raising as much as $3 billion in a share sale as the lender seeks to bolster its capital ratios, according to people familiar with the matter. → Read More

Blackstone Emerges as Frontrunner for L&T Mutual Fund

(Bloomberg) -- Blackstone Group Inc. is emerging as the frontrunner to take over Larsen & Toubro Ltd.’s mutual fund arm, in what could be the first entry by a major foreign private equity firm into India’s $350 billion asset management industry, people familiar with the matter said. → Read More

RBI Pushes Back on Billionaire Brothers’ Plan to Raise IndusInd Stake

Hinduja brothers—Srichand and Gopichand—had applied to RBI for approval to raise their stake in IndusInd Bank to 26% from less than 15%. → Read More

TA Associates in Advanced Talks to Buy Piramal Pharma Stake

TA Associates is in advanced talks to acquire a minority stake in Indian billionaire Ajay Piramal’s pharmaceutical business, according to people familiar with the matter. → Read More

Worst Seems Over for India's Formal Job Market, Staffing Firm Says

India’s unemployment rate has probably peaked with large companies looking to restart hiring as the economy gradually exits the world’s biggest lockdown, says the head of a top staffing firm. → Read More

General Atlantic Is Said to Be In Talks for Reliance Jio Stake

General Atlantic is considering investing about $850-950 million in Reliance’s Jio Platforms, in a deal could be completed as soon as this month. → Read More

Saudi Wealth Fund Exploring an Investment in Reliance Jio

Saudi Arabia’s $320 billion sovereign wealth fund is exploring a potential investment in Reliance Industries Ltd.’s digital unit, according to people with knowledge of the matter. → Read More

Reliance Industries Considers Sale of $989 Million Asian Paints Stake

Reliance Industries Ltd. is considering selling its stake in India’s largest paint maker valued at about $989 million as the conglomerate steps up efforts to trim its debt, said people familiar with the matter. → Read More

IDFC First Bank Weighs $200 Million Share Sale to Boost Capital

IDFC First Bank Ltd. is considering a $200 million share sale to bolster its capital, people familiar with the matter said, as the lockdown in India raises the risk of loan defaults. → Read More