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Insights
21-Feb-19 After weathering storms of bad loans and profitability, Axis Bank has set its sights on an insurance business acquisition within a year, according to CEO Amitabh Chaudhry. Peers ICICI and HDFC already have life- and non-life insurance operations. [image: Business Today]
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Insights
20-Feb-19 Millicom, a cable and mobile operator in Latin America and Africa, has bought the mobile telecom assets of Spain’s Telefonica in Panama, Costa Rica and Nicaragua, for USD1.65 bn. In Jan-19 Telefonica sold its Guatemalan and El Salvadoran operations. [image: Reuters]
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01-Feb-19 Indonesian ride-hailing company Go-Jek has now raised more than USD1 bn with the close of its Series F funding round. Investors included tech giants Google and Tencent as well as Chinese e-commerce player JD.com and Japan's Mitsubishi Corp. [image: afif c. kusuma / iStock Editorial / Getty Image]
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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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Insights
24-Jan-19 To further establish a foothold in the healthcare market, Thonburi Healthcare has launched Thonburi Bamrungmuang Hospital, a THB4 bn (USD128 mn) investment offering six-star personalised care, equipped with a team of specialists and a comprehensive array of medical technology. [image: The Nation]
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