BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group.

The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia.

Existing backer Wavemaker Partners also participated in the funding round.

The post Indonesia’s GudangAda snags $25.4m led by Sequoia, Alpha JWC appeared first on DealStreetAsia.

MNC as well as Link Net’s shareholders could not reach an agreement by the end of April 2020.

The post Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net appeared first on DealStreetAsia.

SEA recorded a 54 per cent jump in online sales year-on-year between Jan 13 and April 5.

The post Grocery, food startups gain as online demand soars amid pandemic appeared first on DealStreetAsia.

Pasarpolis raised a Series A funding round from unicorns, Gojek, Traveloka and Tokopedia, in 2018.

The post IFC proposes $5m equity investment in Indonesian insurtech Pasarpolis appeared first on DealStreetAsia.

The decision to completely shut down its operations comes after significant downsizing by the company.

The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia.

There are several logistics deals in the pipeline that would likely be closed as early as by June.

The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia.

Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI).

The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm appeared first on DealStreetAsia.

​​Of the 34, 11 hail from Begusarai, seven each from Saharsa and Madhepura, five, including a woman, from Rohtas, two from Darbhanga and one each from Khagaria and Araria districts.

"Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source.

The labourers, rendered jobless due to the coronavirus-enforced lockdown, had set off for their homes on foot along the rail tracks apparently to escape police attention. Sixteen migrant workers sleeping on rail tracks while returning to Madhya Pradesh were crushed to death by a goods train in Aurangabad district of Maharashtra in the early hours of Friday.

Over 200 people were still undergoing treatment in the KGH, but their condition was said to be stable. Visakhapatnam district in-charge Minister K Kanna Babu, who visited the hospital and spoke to some of the victims, said all the patients were fast recovering.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

The nurses, who are from Aster DM Healthcare hospitals in the states of Kerala, Karnataka and Maharashtra, will be put under quarantine for 14 days after which they will be assigned to various field hospitals as per requirement, the Khaleej Times reported.

This is the first major bureaucratic rejig by the BJP-led state government since Shivraj Singh Chouhan became chief minister in March this year.

"I don't think a lot of rules and regulations will be changed, you can probably have an alternate for the usage of saliva - apart from that I don't think so many changes will happen," Gambhir told Star Sports.

His remarks came a day after Tamil Nadu moved the Supreme Court, seeking a stay against a Madras High Court order directing closure of liquor shops in the state.

For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year.

"In India for almost 50 years Azaan on the loud speak was Haraam. Then it became Halaal and so halaal that there is no end to it, but there should be an end to it. Azaan is fine but loud speaker does cause of discomfort for others. I hope that atleast this time they will do it themselves (sic)," Akhtar tweeted.

Rijiju had already said that his ministry was devising a plan for a phased resumption of national camps for Olympic-bound athletes, starting with the athletes currently based at NIS Patiala and SAI Centre in Bengaluru by the end of this month.

Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further.

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Fernando Alonso sent the assembled hordes of Tifosi delirious by taking pole position for the Italian Grand Prix

Red Bull drivers Mark Webber and Sebastian Vettel suffered mixed emotions during qualifying for the Italian Grand Prix after finishing fourth and sixth fastest respectively

Lewis Hamilton said that opting to run without the F-duct was probably the wrong decision after the championship leader qualified only sixth fastest for the Italian Grand Prix

Felipe Massa admitted he made a mistake with tyre strategy during qualifying for the Italian Grand Prix but is expecting to be competitive in Sunday's race

Both Mercedes drivers said that their respective grid positions were the best they could have accomplished under the circumstances

Fernando Alonso sent the Tifosi wild by winning the Italian Grand Prix from Jenson Button and team-mate Felipe Massa after taking the lead from the McLaren in the pit stops

Read what the teams and drivers had to say after the Italian Grand Prix at Monza

Mark Webber believes Red Bull underperformed at the Italian Grand Prix and missed out on an opportunity to take a more commanding lead in the championship

Fernando Alonso hailed first victory in the Italian Grand Prix for Ferrari as one of the greatest of his career, only comparable to wining his home grand prix in Barcelona

Mercedes drivers Nico Rosberg and Michael Schumacher said they were happy to come away with more important points for the team after their respective 5th and 9th place finishes

Lewis Hamilton admitted he tried to do too much at the start of the Italian Grand Prix after a collision with Felipe Massa forced his retirement on the opening lap

HRT has confirmed that the mechanic involved in a serious looking pit lane incident during the Italian Grand Prix is not badly injured

Ferrari's Felipe Massa believes second place would have been within his grasps at the Italian Grand Prix had it not been for a slow pit stop

Red Bull has revealed it was a brake problem that slowed Sebastian Vettel on lap 20 of the Italian Grand Prix and nothing to do with the engine

Ferrari insists it is right back at the centre of the championship fight after Fernando Alonso's victory at the Italian Grand Prix

Lewis Hamilton admitted that his McLaren still needs a little more downforce after he finished fourth fastest behind the Red Bulls and Fernando Alonso's Ferrari in Friday free practice

Nico Hulkenberg was as stunned as his rivals to take pole position at the Brazilian Grand Prix ahead of all the championship contenders

Jenson Button blamed a poor balance in his McLaren for failing to make the final session of qualifying at the Brazilian Grand Prix and lining up 11th for Sunday's race

Fernando Alonso is relying on tyre strategy to limit the damage to his narrow championship lead at tomorrow's Brazilian Grand Prix

Mercedes' Michael Schumacher felt he could have qualified higher than eighth at the Brazilian Grand Prix, but lost tyre temperature making way for traffic ahead of his flying lap

Sebastian Vettel was almost lost for words after winning the Brazilian Grand Prix and helping his Red Bull team clinch its first constructors' title after he lead home team-mate mark Webber for a dominant 1-2

Fernando Alonso said he is "extremely happy" to head to the final round of the championship in the lead of the drivers' championship after finishing third at the Brazilian Grand Prix

Lewis Hamilton admitted that his title chances were now all but over after he could only manage to finish fourth behind his main title rivals at the Brazilian Grand Prix

Mark Webber said he was happy with his team's philosophy on team orders after finishing second behind team-mate Sebastian Vettel in the Brazilian Grand Prix

Michael Schumacher said that he let team-mate Nico Rosberg past because he was in a better position to challenge Jenson Button ahea

Although they may have been bitter rivals for the majority of the 2010 season, there is a deep respect between McLaren and Red Bull according to Martin Whitmarsh

Jenson Button admitted he had no excuse for qualifying 0.4 seconds off his McLaren team-mate Lewis Hamilton at the Canadian Grand Prix