Ujjaini Dutta

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Articles

Buyout barons risk choking on their stuck assets

1 month ago | today.westlaw.com | Liam Proud |Jonathan Guilford |Ujjaini Dutta

LONDON (Reuters Breakingviews) - Private equity managers have a bad case of indigestion. Blackstone, KKR, CVC Capital Partners and their peers are collectively sitting on $3 trillion of unsold assets, tying up cash that can't be put back to work...
A Chinese Morgan Stanley is worth an M&A shot

1 month ago | today.westlaw.com | Antony Currie |Hudson Lockett |Ujjaini Dutta

HONG KONG (Reuters Breakingviews) -If imitation is truly the sincerest form of flattery, one of Wall Street's biggest firms may soon be blushing. Beijing is planning to merge China International Capital Corp with broker China Galaxy Securities,...
Breakingviews - India takes EV goal on lengthy hybrid detour

Nov 19, 2024 | reuters.com | Ujjaini Dutta

Electric Vehicle(EV) charging units are seen at a parking lot of Sobha city, a real estate property, in Gurugram, India, October 27, 2023. REUTERS/Anushree Fadnavis BENGALURU, Nov 20 (Reuters Breakingviews) - Electric cars in India are losing momentum. Prime Minister Narendra Modi’s government wants battery-powered vehicles to account for 30% of the country’s new car sales by 2030 – dubbed the EV30@30 initiative. But its policy map for getting there has added a lengthy hybrid detour.
India takes EV goal on lengthy hybrid detour

Nov 19, 2024 | breakingviews.com | Ujjaini Dutta

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Diaspora gives wings to India luxury housing boom

Sep 12, 2024 | republicbiz.com | Ujjaini Dutta

Published 21:31 IST, September 12th 2024 Diaspora gives wings to India luxury housing boom Average prices of luxury homes in places including New Delhi, Bengaluru, and Chennai jumped 18% in the three months to end June.
Blackstone $16 billion AI deal borrows from SPAC boom

Sep 5, 2024 | today.westlaw.com | Antony Currie |Una Galani |Ujjaini Dutta

MELBOURNE (Reuters Breakingviews) -How does a buyer avoid paying a huge multiple for a fast-growing company in a hot sector? A group led by Blackstone appears to have managed to do so with its agreed A$24 billion ($16.1 billion) offer on Wednesday to...
Strange results lead Google to restrict AI search tools

Jun 2, 2024 | exbulletin.com | Ujjaini Dutta

The tech giant said the incorrect answers arose from missing data and information gaps. Google is restricting the use of its artificial intelligence search tool, “AI Overviews,” after it showed several strange, inaccurate, or unhelpful results to user searches just a few weeks after its launch. This comes after AI Overviews, which provides AI-generated summaries of Google search results, was heavily criticized on social media for producing misleading answers and misinformation.