Industry News

GOL Offshore Ltd, two people familiar with the development said. GOL Offshore is one of the largest offshore oilfield service providers in India, offering drilling and offshore support services to oil and gas firms for exploration and production activities. The firm, earlier known as Great Offshore Ltd, plans to sell some of its assets to meet repayment obligations."/>
Srei unit Quippo in talks to buy assets of GOL Offshore [Mint, New Delhi]
State Bank of India is pushing creditors of Jyoti Structures Ltd to accept a takeover proposal from Dubai-based Amin Group, despite knowing about a past working relationship between promoters of the two companies, two people with knowledge of the development said. Jyoti Structures is an engineering, procurement and construction firm in the power sector, while Amin Group has interests in drug manufacturing, cane farming, livestock feed, oil and gas, recycling and..."/>
SBI pushing for Jyoti Structures takeover by Dubai's Amin Group [Mint, New Delhi]
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Yes Bank Ltd to offer its app, which will first be launched on Google Inc.' s Android platform early this week, the two people..."/>
Flipkart's PhonePe to launch UPI-based app this week [Mint, New Delhi]
MediaTek Inc., Temasek Holdings Pte and Goldman Sachs Group Inc., according to three people close to the development. Taiwan's Foxconn and Singapore's sovereign fund GIC Pte are also likely to participate in the latest round, besides existing investors Alibaba Group and SAIF Partners, the people..."/>
Paytm parent in talks to raise around $350 million [Mint, New Delhi]
Government bonds get easier to buy [Mint, New Delhi]
Simon Property Group, said the company's new Norfolk Premium Outlets will feature a more modern layout than its discount predecessor in Williamsburg. "The way we do this now is you have a series of buildings, and you literally want the consumer to shop it just like a racetrack," Richardson said at a Hampton Roads Association of Commercial Real Estate event."/>
BRIEF: "Creating an experience": Norfolk outlet mall will have modern layout, with music and outdoor seating [The Virginian-Pilot]
Briefcase 8/28/16 [The Leader-Telegram, Eau Claire, Wis.]
Apartments sold and rented [Globes, Tel Aviv, Israel]
Moody's credit rating agency following the state budget arouses questions likely to trouble Israel's economic leadership."/>
Moody's warns Israel on enlarging budget [Globes, Tel Aviv, Israel]
Migdal Insurance and Financial Holdings Ltd. in October 2012 for $107.5 million, and the investment is now being realized. The building was constructed in 1990."/>
Harbor Group, Migdal sell CNN building in Washington [Globes, Tel Aviv, Israel]
Ameriprise Financial and secretary Connie A. Eckerle with..."/>
Newsmakers: People in Palm Beach County business, civic circles [The Palm Beach Post, Fla.]
MediaTek, Temasek, Goldman Sachs and existing investors Alibaba Group and SAIF Partners, among others; according to three people close to the development. Taiwan's Foxconn and GIC are likely to participate too. The deal, which is likely to get closed in another 30-60 days, is expected to value One97 at about $5 billion,..."/>
Paytm parent in talks to raise around $300 million from MediaTek, Temasek, others [Mint, New Delhi]

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