Anto Antony

(Bloomberg) -- The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

09 October 2024-(Bloomberg) — The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

BlackRock Inc., the world’s largest asset manager, is in talks with billionaire Mukesh Ambani’s Jio Financial Services Ltd. to set up a private credit venture, aiming to tap the expanding direct lending opportunities in India, according to people familiar with the matter.

Barely 36 hours after the demise of patriarch Ratan Tata, his half-brother Noel Tata cruised to the top job as the trustees of the powerful Tata Trusts unanimously voted him as the successor. Now he faces the challenge of steering a $165 billion empire.

Jio Financial Services Ltd., controlled by billionaire Mukesh Ambani, has held talks with Allianz SE to set up an insurance partnership in India as the German firm seeks to scrap two existing joint ventures in the country, according to people familiar with the matter.

Die Allianz erwägt auf dem indischen Versicherungsmarkt eine Zusammenarbeit mit Jio Financial Services, kontrolliert von Milliardär Mukesh Ambani. Das hat Bloomberg News aus informierten Kreisen erfahren.

Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the matter said.

(Bloomberg) -- Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the matter said.

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees ($1.01 billion) in the local-currency bond market, according to people familiar with the matter.

It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn’t a guarantee.