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People

People Digest: ESR Data Centres, DSP Asset Managers make top hires

ESR has appointed Dalmar Sheikh as CEO of ESR Data Centres.

Just InTrending

1

People Digest: ESR Data Centres, DSP Asset Managers make top hires

2

Swiggy Instamart eyes shift to inventory-led quick commerce model

3

China court sentences Evergrande founder to life in prison

4

India's HDFC Bank eyes $1b overseas debt raise

5

India's Aditya Birla Capital to foray into gold loans, targets 1,000 branches

More Stories

1

Danantara’s new arm is financing a national car, an EV motorcycle and a giant sea wall

2

EQT sets sights on premium Bangkok school

3

Timah Partners secures $47m debt facility for Singapore SME acquisitions

4

Singapore’s KCP hits $725m first close for new Asia fund: Report

5

Abu Dhabi’s ALTÉRRA invests $100m in Indian clean energy firm Evren

Analysis

Swiggy Instamart eyes shift to inventory-led quick commerce model

The move mirrors rival Blinkit.

People

China court sentences Evergrande founder to life in prison

Hui Ka Yan, once Asia’s richest man, pleaded guilty in April to eight charges.

IPOs & Markets

India’s HDFC Bank eyes $1b overseas debt raise

It plans to raise at least $500 million each through three-year and five-year bonds.

Deals

India’s Aditya Birla Capital to foray into gold loans, targets 1,000 branches

It plans to open 200 to 300 gold loan branches by March 2027.

Indonesia

Sefas takes full ownership of Shell’s Indonesia fuel retail business

The stations will continue operating under the Shell brand through a licensing arrangement.

World

Advent to buy majority stake in NZCR Group in ANZ healthcare deal

The transaction is expected to close in the fourth quarter, subject to regulatory approvals.

Greater China

Citi, HSBC, StanChart sign up for Ant International’s forex AI tool

The launch comes as financial institutions increasingly adopt AI.

Rest of Asia

Thailand’s Minor Food, Serruya PE to acquire Korean fried chicken chain Bonchon

The sale marks the exit of VIG Partners.

Greater China

DATA VANTAGE: SG fintech iPid raises $9.6m, and other updates

Foundation Capital has become the largest shareholder in iPid, with an 18.7% stake.

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