People
The lender is under central bank scrutiny for accounting lapses.
1
India's IndusInd Bank names Santosh Kumar deputy CFO
2
India's Adani Ports buys Australian terminal Abbot Point in $2.5b deal
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China bans the terms 'smart' and 'autonomous driving' from vehicle ads
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VietJet owes investment fund over $180m, rules London's High Court
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Blackstone raises over $4.4b in first close of new Asia fund
More Stories
SG lands first digital bank-fintech deal but Validus CEO doubts a buyout boom is coming
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EQT’s Asia flagship fund nears first close with over $10b in kitty
Funding crunch deepens as SE Asia VC activity hits multi-year lows in Q1 2025
Hong Kong’s NUO Capital to acquire Italian coffee pot maker Bialetti
Deals
Adani Port will issue 143.8m shares to Carmichael Rail and Port Singapore Holdings.
Policy & Regulations
The move follows a fatal accident involving Xiaomi’s SU7 sedan in March.
Analysis
FW Aviation, part of FitzWalter Capital, sued VietJet over four grounded jets.
Earnings and Results
The firm is targeting “a substantially larger size than the prior $6b vintage”.
Indonesia
The merged entity will have a 25% market share in Indonesia’s telcom sector.
World
Blackstone’s AUM grew 10% to $1.17 trillion.
Greater China
More than 100 Chinese companies are listed on US exchanges.
India
The country’s largest exchange first applied for a listing in 2016.
The company’s co-founder has been accused of misusing funds at an affiliate company.