People
ESR has appointed Dalmar Sheikh as CEO of ESR Data Centres.
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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
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Timah Partners secures $47m debt facility for Singapore SME acquisitions
Singapore’s KCP hits $725m first close for new Asia fund: Report
Abu Dhabi’s ALTÉRRA invests $100m in Indian clean energy firm Evren
Analysis
The move mirrors rival Blinkit.
Hui Ka Yan, once Asia’s richest man, pleaded guilty in April to eight charges.
IPOs & Markets
It plans to raise at least $500 million each through three-year and five-year bonds.
Deals
It plans to open 200 to 300 gold loan branches by March 2027.
Indonesia
The stations will continue operating under the Shell brand through a licensing arrangement.
World
The transaction is expected to close in the fourth quarter, subject to regulatory approvals.
Greater China
The launch comes as financial institutions increasingly adopt AI.
Rest of Asia
The sale marks the exit of VIG Partners.
Foundation Capital has become the largest shareholder in iPid, with an 18.7% stake.
