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from Economic Times https://ift.tt/2LVTP0i

Xander acquires office park in Pune for Rs 900 cr

Xander Investment Management Pte Ltd (XIM) has acquired "100 per cent interest in Weikfield IT Citi Info Park, an office development in Pune, for Rs 900 crore (around USD 130 million)".

from Moneycontrol Business News https://ift.tt/2YiRPWI

Jet Airways lenders may extend August 3 deadline for EoIs; get four bids

Late last month, the resolution professional Ashish Chhawchharia had floated EoIs for selling stake in the airline that stopped flying mid-April. The deadline for receipt of EoIs was kept as August 3.

from Moneycontrol Business News https://ift.tt/2T3V5PU

Amazon to expand its fulfillment centre in Hyderabad

The existing fulfilment centre is spread across 4 lakh square feet and will now be expanded by another 1,80,000 square feet.

from Moneycontrol Business News https://ift.tt/2OxhGWo

India yet to decide on issuing sovereign overseas bond in 2019/20: Official

"Discussion on mechanics of sovereign bond has not started and we need to understand the macro economic implications of the sovereign bond issuance," the official said.

from Moneycontrol Business News https://ift.tt/2Yd3k1E

ArcelorMittal reports $0.447 billion net loss for June quarter

ArcelorMittal follows January-December financial year.

from Moneycontrol Business News https://ift.tt/332D0Gl

Mahindra Susten’s solar assets find potential buyers in Piramal, CLP India

It was reported in April that the Mahindra Group had appointed investment bank Avendus to seek buyers for a part of its solar portfolio.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/mahindra-susten’s-solar-assets-find-potential-buyerspiramal-clp-india_12826061.html

Luxury wars: BMW inches closer to Mercedes-Benz as race to the top heats up

The gap has narrowed by nearly half to 1,585 units this year from 2,890 between the two German players

from Moneycontrol Business News https://ift.tt/2LTgB9f

Amazon.in inks lease pact with GMR Hyderabad Airport City

"With this investment, Amazon.in has more than 3 fulfilment centres in the State with a total processing area of more than 8.5 lakh sq ft," it said without disclosing the quantum of investment made.

from Moneycontrol Business News https://ift.tt/2LTgxq1

India beats trend, grows exports as US-China tussle hits major Asian economies

Limited ties with China and a diversified basket proved advantageous as India’s share in world exports rose, even as peers lost out

from Moneycontrol Business News https://ift.tt/2ZjcCWt

London Stock Exchange agrees to buy Refinitiv in $27 billion deal

As part of the deal initially announced last week, Refinitiv shareholders will ultimately hold around a 37% stake in LSE but less than 30% of the total voting rights.

from Moneycontrol Business News https://ift.tt/2GBxi4v