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Nov 28, 2024 | 
insideretail.asia | Lina Jang |Celene Ignacio |M. Sriram |Chavi Mehta
“All cosmetic samples for just 10,000 won (US$7.2) .” Such listings have become increasingly common on Danggeun Market, South Korea’s popular secondhand trading platform, reflecting a growing divide in the nation’s beauty market amid persistent inflation. While some consumers hunt for bargain cosmetics and sample-size products, others flock to luxury brands like Prada Beauty, which opened its first South Korean store in August despite economic headwinds.
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Nov 28, 2024 | 
insideretail.asia | Sean Cao |Celene Ignacio |M. Sriram |Chavi Mehta
A group of lenders have acquired certain assets of Tupperware to help the kitchenware brand emerge from bankruptcy. Party Products, a company formed by the lenders, has bought the global rights to the Tupperware brand name, related intellectual property, and its operations in core markets. Party Products said it will initially focus on operating Tupperware in certain core markets, which include the US, Canada, Mexico, Brazil, China, Korea, India and Malaysia according to previous plans.
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Jun 26, 2024 | 
jp.reuters.com | M. Sriram
［ムンバイ ２６日 ロイター］ - 韓国現代自動車(005380.KS), opens new tabのインド子会社が計画している新規株式公開（ＩＰＯ）を引き受ける銀行の手数料は、最大で総額４０００万ドルとなる見通しだ。事情に詳しい関係者３人の話で明らかになった。 ディールロジックのデータによると、引受手数料の総額が４０００万ドルの場合、インドでは２０２１年にフィンテック企業ペイティーエム(PAYT.NS), opens new tabが上場した際の４４００万ドルに次ぐ２番目の規模となる。 現代のインド子会社は今月、ムンバイ証券取引所への上場を当局に申請した。現代はこのＩＰＯにより２５億─３０億ドル前後の資金を調達する方針だ。 もっと見る 関係者によると、現代のインド子会社はＪＰモルガン(JPM.N), opens new tabやシティグループ(C.N), opens new tab、ＨＳＢＣ(HSBA.L), opens new tabといった銀行に調達額の１．３％を手数料として支払う。調達額が目標レンジの上限である３０億ドルの場合、手数料総額は４０００万ドルとなる。...
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Jun 26, 2024 | 
reuters.com | M. Sriram |Aditi Shah |Scott Murdoch
Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu October 4, 2012.
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Jun 24, 2024 | 
tkpnews.in | M. Sriram
By M. SriramMUMBAI: Indian health insurer Niva Bupa plans to raise up to $360 million in an IPO, giving the company a potential valuation of up to $2.5 billion, according to two sources and a document seen by Reuters. It is the latest company to benefit from a surge in the stock market.
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Jun 24, 2024 | 
gurutrade.com | M. Sriram |Aditya Kalra |Anil D'Silva
UK's Bupa, India's True North to sell shares in IPO
Indians buying more insurance after COVID pandemic
Plan comes amid record-breaking rally in Indian stocks
MUMBAI, June 24 (Reuters) - Indian health insurer Niva Bupa is planning to raise $360 million in an IPO, potentially valuing the business at up to $2.5 billion, according to two sources and a document seen by Reuters, the latest company to cash in on a stock market surge.
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Jun 24, 2024 | 
reuters.com | M. Sriram
UK's Bupa, India's True North to sell shares in IPOIndians buying more insurance after COVID pandemicPlan comes amid record-breaking rally in Indian stocksMUMBAI, June 24 (Reuters) - Indian health insurer Niva Bupa is planning to raise $360 million in an IPO, potentially valuing the business at up to $2.5 billion, according to two sources and a document seen by Reuters, the latest company to cash in on a stock market surge.
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Jun 19, 2024 | 
sg.news.yahoo.com | M. Sriram
ReutersThree of Vietnam's five undersea internet cables are downThree out of Vietnam's five active international undersea internet cables are down, state media said over the weekend, the second major round of outages in the country in just over a year. The problems with the three cables, which connect Vietnam with the United States, Europe and Asia, have "significantly affected Vietnam's internet connection with the world", reported the official Vietnam News Agency.
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Jun 19, 2024 | 
marketscreener.com | M. Sriram
MUMBAI (Reuters) - Vodafone Group has raised its stake sale in India's Indus Towers to nearly 18% for up to $2 billion from about 10% earlier, according to a term sheet seen by Reuters.
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Jun 19, 2024 | 
reuters.com | M. Sriram
MUMBAI, June 19 (Reuters) - Vodafone Group (VOD.L)New Tab, opens new tab has raised its stake sale in India's Indus Towers to nearly 18% for up to $2 billion from about 10% earlier, according to a term sheet seen by Reuters. Reporting by Sriram Mani in Mumbai; Editing by Mrigank DhaniwalaSriram leads Reuters' deals coverage in India, including reporting and writing on private equity funds, IPOs, venture capital, corporate M&A and regulatory changes.
