Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
The all-cash transaction is likely to be complete in the first quarter of 2020, subject to regulatory clearance.
A fall in crude oil price and Aramco's $75 billion annual dividend commitment may have delayed Saudi company picking a stake in Reliance Industries Ltd's oil-to-chemical unit (O2C), research firm Jefferies said. Richest Indian Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the O2C business, which comprises its twin oil refineries at Jamnagar in Gujarat and petrochemical assets, to the world's largest oil exporter. The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.
Rs 1,965-cr deal helps it rake in 3.5 times its investment within four years.
Expressing grave concern over a US nuclear-powered submarine sustaining damage in the disputed South China Sea, China on Friday demanded Washington to reveal the details and the location of the accident and blamed America's frequent air and naval sorties in the Indo-Pacific to assert the "freedom of navigation" as the "root cause" of the incident.
However, the Indian Army did not cross the border during the operation, they said.
On the eve of his historic visit to Myanmar, Prime Minister David Cameron on Thursday indicated that Britain would respond to pro-democracy changes in the country by easing sanctions against it.
In an interview with Malvika Joshi and Somasroy Chakraborty, Madan Menon, RBS' chief executive for Singapore and Southeast Asia and head of global banking and markets in India, shares the bank's plans.
The offer of the F-35 Joint Strike Fighter to India is an example that US holds India's military modernisation in high regard, a top Pentagon official has said.
United States Defence Secretary Leon Panetta, who places much importance to America's relationship with India, is looking forward to his maiden visit to India in his capacity as head of the Pentagon, a senior US official has said.
In 2000, it was projected as the next big thing to happen in healthcare, for its potential to replicate the outsourcing success stories in information technology and business process outsourcing.
Even as everyone heads out as couples this Valentine's Day, here are four destinations where you can get some me-time and who knows perhaps find love too!
Al-Qaeda chief Osama Bin Laden had planned to hijack American planes traveling across Southeast Asia and crash them into United States military facilities in the region in coordination with 9/11 attacks, according to a secret interrogation report of one of his bodyguards.
Even months after India decided to forego the United States bid for the fighter aircraft deal worth $11 billion, the Pentagon apparently is still smarting over this rejection, arguing that it was an enormous disappointment and that New Delhi by its action had lost out on some of the state-of-the art technology.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
The Bangkok International Motor Show is the biggest annual auto show in Southeast Asia.
The Hindu American Foundation has assailed President Barack Obama for deciding against visiting the Golden Temple in Amritsar during his visit to India but having not qualms about visiting one of the largest mosques in Southeast Asia when on the second leg of his four-state Asian itinerary he visits Indonesia.
The Big Fat Indian wedding is being traded in for a smaller one in foreign countries, preferably in Southeast Asia -- we examine the growing trend.
The US was 'extraordinarily' frustrated with the slow pace of opening up of Indian economy, despite the issue being raised at the highest level, a top Obama Administration has said.
Monster.com says their logged number of non-resident Indians seeking jobs back in India has grown 65 per cent in the past year.
India and Indonesia have a vested interest in ensuring that China's hegemony in the region does not go uncontested, says Harsh V Pant.
Myanmar's reclusive and ailing dictator Than Shwe has resigned from his military post, paving the way for him to become the president after this year's general elections.Shwe, the despot who has brutally ruled Southeast Asia's poorest country as commander-in-chief of the armed forces since 1992, on Friday handed control of the army to his adjutant general. More than a dozen other senior military officers also resigned, in an ominous sign for the country's forthcoming election
GAGAN or the GPS Aided Geo Augmented Navigation to be launched by Civil Aviation Minister Praful Patel would not only help the civil aviation sector but also help in marine navigation, search and rescue operations, rail and road transport, survey and mapping as well as precision farming.
The members of Association of Southeast Asian Nations are Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Brunei Darussalam, Singapore, Cambodia, Lao PDR and Myanmar.
Hussain will become the special envoy to the Organization of the Islamic Conference, an intergovernmental group with 57 member countries from the Middle East, Africa, Central Asia, Caucasus, Balkans, Southeast Asia and South Asia.
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore.
Taj Hotels Resorts and Palaces, Asia's largest hospitality chain, is looking to set up luxury properties in Africa, West Asia, China and Southeast Asia.
Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.
Singapore Telecommunications is considering a bid for UK- based telecom Cable & Wireless Worldwide Plc, says a media report.
Pompeo said that for 40 years, successive US administrations just looked the other way and allowed China to trample on America.
The 13-nation Milan exercise hosted by the Indian Navy has inched towards converting itself into a joint taskforce for Asia-Pacific region including Australia and New Zealand, with India having a leading role in combating maritime terror, poaching, gun and drug-running.
With an interesting twist on the concept of super heroes, and using strong high-tech, Megamind is expected not to lure millions of comic book fans but also those who love a adventure with interesting twists and a few moral lessons.
Manila-based Asian Development Bank (ADB) has upgraded India's economic growth forecast to 6.3 per cent in 2015-16 on hopes of speedy reform process.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
The airlines' flights to Southeast Asia operated as per schedule. Air India also operated its Delhi-Frankfurt-Chicago, Mumbai-Frankfurt-Chicago, Mumbai-London, Delhi-London, Amritsar-London-Toronto and Ahmedabad-Frankfurt flights this morning.
India figured prominently in a leading Washington think-tank's recently simulated energy crisis, which brought together leading energy and regional experts from across the United States, to examine the likely response of various countries to a major terrorist attack on energy distribution and production facilities in the Middle East and Southeast Asia.
More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
No-frill Gulf carrier Air Arabia on Monday special holiday fares from India to Egypt, Greece, Turkey and Jordan for the up coming holiday season to attract woo domestic travellers.
Based on factors like shopping, dining, staff courtesy, baggage delivery and waiting times at security, airport customers chose Hong Kong over 190 others in an annual survey conducted by Skytrax, a privately-owned research company in London, which released the results on Tuesday. The ranking was finalised based on 8.2 million company questionnaires completed by passengers over 10 months from 2007 to 2008.
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