Investors lead the rush back into India's offices

WORK-from-home will be a passing fad in India - at least that's what investors are signalling.

Investors lead the rush back into India’s offices

[MUMBAI] Work-from-home will be a passing fad in India, at least that's what investor are signalling. Sovereign wealth fund GIC and the Monetary Authority of Singapore are lead investors in the initial public offering (IPO) of Mindspace Business Parks. That's a solid endorsement from an island...

Mukesh Ambani sets high bar for Jio

[MUMBAI] There can be little doubt that Mukesh Ambani is ready to dial it up. The Indian tycoon's telecom operator, Jio Platforms, has been valued like a tech startup, at US$68 billion, by a growing list of A-list investors. Other alluring tales of fast growth have disappointed, however, and in...

Oyo is not wasting the WeWork crisis

[MUMBAI] Oyo Hotels & Homes is making the most of its crisis. Ritesh Agarwal's Indian startup is cutting 5,000 jobs, focusing on profitable growth, and improving governance. That might deflate the budget-hotel-slash-booking-engine's US$10 billion valuation, but its rapid growth looked...

COMMENTARY

Japan is surprise bright spot for India's Paytm

JAPAN is an unlikely bright spot for India's payments poster child.

Japan is surprise bright spot for India’s Paytm

[MUMBAI] Japan is an unlikely bright spot for India's payments poster child. Facing fierce competition at home, Paytm has raised fresh funds from Ant Financial, SoftBank's Vision Fund and others, at a US$16 billion valuation. That comes as SoftBank boss Masayoshi Son plans a rejig with Japan's...

COMMENTARY

Fast-growing Oyo echoes hype before The We Company's fall

OYO Hotels & Homes might be the fastest-growing big company in the world. Ritesh Agarwal's Indian startup is moving at dizzying speed, frantically racing to become the world's top hotel-room provider and more. Oyo's rise to a US$10 billion valuation and dealings with Japanese investor...

ANALYSIS

Indian office towers rise above economic slump

IT'S getting easier to access Indian office towers. A Blackstone-backed US$4 billion commercial real estate investment trust, the country's first of its kind and the largest in Asia by square footage, has defied a broader economic slowdown and has been well-received since its market debut six...