Buyout funds are set to extend a record spending spree in Asia to the rest of the year but they will be mostly seeking deals outside China, where concerns about the economy are likely to outweigh any easing of a regulatory crackdown, dealmakers said. Private equity mergers and acquisitions (M&A) activity in Asia, not including Japan, posted a record start to the year with $167.4 billion spent… Continue reading China may miss boom in Asia buyout deals despite likely easing of crackdown
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India’s farmers exposed by new Aadhaar data leak
A security researcher said an Indian government website was exposing the Aadhaar numbers of India’s farmers, potentially amounting to millions of people. Atul Nair told TechCrunch that he found a part of Pradhan Mantri Kisan Samman Nidhi website that was revealing the farmers’ information. PM-Kisan, as the agency is better known, is an Indian government… Continue reading India’s farmers exposed by new Aadhaar data leak
Resident Evil Village Winters’ Expansion arrives on October 28th
The downloadable content Capcom had promised for Resident Evil Village last year now has a release date: It’s called Winters’ Expansion, and it will be available starting on October 28th. Capcom started developing the extra content in 2021, just a few weeks after the game was released, due “popular demand.” Now Capcom producer Tsuyoshi Kanda… Continue reading Resident Evil Village Winters’ Expansion arrives on October 28th
Google Maps now estimates toll charges for your journey
A new Google Maps feature that estimates the amount you’ll have to pay in tolls to drive a given route has started appearing in the Android and iOS apps, according to Google. Android Police reports seeing the new toll pricing in the app, though it’s not yet visible on a pair of devices we’ve tried… Continue reading Google Maps now estimates toll charges for your journey
Sustainability data firm EcoVadis raises $500m, GIC joins as investor
Sustainability data firm EcoVadis has raised $500 million to become one of the sector’s first “unicorns”, its co-chief executive told Reuters, as demand from companies to track their performance on environmental and social issues surges. A unicorn is an unlisted firm valued at $1 billion or more. The financing, led by private equity firms Astorg and BeyondNetZero, General Atlantic’s climate investing arm,… Continue reading Sustainability data firm EcoVadis raises $500m, GIC joins as investor
Australia bus operator weighs last-minute rival offer for UK’s Go-Ahead
Australian transit operator Kelsian Group Ltd said it may bid for Go–Ahead Group after the British bus firm agreed to a 647.7 million pound ($789 million) buyout from another Australian group, setting the stage for a bidding war. Go–Ahead, which runs buses in several English cities including London, plus Ireland and Singapore, supported a buyout from Kinetic Holding Co, prompting Kelsian to say… Continue reading Australia bus operator weighs last-minute rival offer for UK’s Go-Ahead
Indonesia’s Garuda airline seeks delay in vote on debt restructuring proposal
Garuda Indonesia has asked administrators to postpone a vote on the flag carrier’s debt restructuring proposal for two days to June 17, its chief executive said late on Monday. Garuda creditors had been expected to vote on the restructuring proposal on Wednesday. CEO Irfan Setiaputra said in a statement that a delay was needed to finalise administrative matters and to harmonise the input of stakeholders on the restructuring proposal. Garuda started the court-led restructuring process… Continue reading Indonesia’s Garuda airline seeks delay in vote on debt restructuring proposal
Bank Sinarmas scraps plan to invest $25m in Indonesian digital wallet DANA
Indonesia-listed PT Bank Sinarmas Tbk has decided not to go ahead with its previously announced plans to invest $25 million in the local digital wallet Espay Debit Indonesia Koe — popularly called DANA — according to IDX filings by the bank, reviewed by DealStreetAsia. Bank Sinarmas did not cite any reason for scrapping its proposed… Continue reading Bank Sinarmas scraps plan to invest $25m in Indonesian digital wallet DANA
India Digest: Infra.Market raises $50m; Chaayos bags $45m Series C round
Business-to-business (B2B) construction material startup Infra.Market has raised $50 million in growth capital. Separately, tea café chain Chaayos has raised about $45 million in a funding round led by Alpha Wave Ventures. Infra.Market raises $50m Business-to-business (B2B) construction material startup Infra.Market has raised $50 million in growth capital from Liquidity Group’s Mars Unicorn Fund, it… Continue reading India Digest: Infra.Market raises $50m; Chaayos bags $45m Series C round
How much is a Tesla lease in 2022?
Electrek is brought to you by Autonomy.com, the cheapest, fastest, easiest way to get a Tesla Model 3. If you have a credit card, you can reserve a Tesla now. Learn more and get $500 off for a limited time. (See Terms.) Ok, you’ve seen the hype and have your eyes set on owning a Tesla, but first, you wonder,… Continue reading How much is a Tesla lease in 2022?