
Sriram Mani
India Deals and Correspondent at Reuters
Business journalist, now studying at @columbia. Wrote on M&A and IPOs for @reuters Bloomberg @ACJIndia alumnus. Truffle fries supremacy.
Articles
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Jun 19, 2024 |
gurutrade.com | Sriram Mani |Nandan Mandayam |Mrigank Dhaniwala
MUMBAI, June 19 (Reuters) - UK's Vodafone Group plans to sell a stake of nearly 18% in India's Indus Towers for up to $2 billion, more than the roughly 10% stake it planned to sell earlier, according to a term sheet seen by Reuters on Wednesday. The British telecommunications firm, which owns a 21.5% stake in mobile-tower operator Indus, will use the proceeds to repay debt, Reuters reported last week. Vodafone had in 2022 said it would sell its complete stake in the Indian firm.
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Apr 17, 2024 |
insideretail.asia | Irene Dong |Sriram Mani
Singapore’s largest omnichannel secondhand fashion destination Refash has expanded into Hong Kong to revive preloved apparel. Refash’s first Hong Kong store, under the Carousell Group, will open on April 20 at Moko in Mongkok, marking the brand’s entrance into Hong Kong beyond its current outlets in Singapore and Malaysia. Refash’s first Hong Kong store will offer the same shopping experience as its existing Singapore and Malaysia locations.
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Apr 16, 2024 |
insideretail.asia | Sriram Mani |Anil Prabha |Arriana McLymore
In the dynamic world of retail, businesses grapple with a multitude of challenges, from staying competitive to ensuring profitability. Yedda.AI emerges as a transformative solution, leveraging AI and existing CCTV infrastructure to provide real-time insights and actionable strategies for retailers. Let’s dive into how Yedda.AI benefits its customers:1.
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Apr 14, 2024 |
insideretail.asia | Irene Dong |Sriram Mani |Tong Van
Security cameras and access control systems are a vital layer of protection that all retailers should consider when it comes to store loss prevention strategies. Retail video security cameras: Working 24/7, IP security cameras capture video that helps security teams ensure employee safety, prevent theft and assist with liability claims. On-premise or cloud-based security cameras: You can choose between two types of security camera systems: an on-premise system and a cloud-based system.
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Jan 4, 2024 |
zawya.com | Haripriya Suresh |Sriram Mani
U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory filings showed. The valuation hike comes as the Softbank-backed company prepares for its stock market debut later this year. In September, it resumed talks with bankers for its IPO plans after halting the process due to weak markets, Reuters reported.
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