FedFina to raise up to ₹1,400 crore from IPO… Federal Bank subsidiary Fedbank Financial Services (FedFina) is aiming to raise up to ₹1,400 crore through an…
Chinese ride-hailing giant Didi narrows losses… Didi recorded a net loss of US$166 million in the first quarter, a significant improvement from its US$2.3 billion…
Ant Group to buy back shares at 70 per cent… Ant’s planned equity repurchase scheme would value the company at about US$78.5 billion, which is significantly…
What next for HSBC after stopping Ping An from… HSBC’s Asia operations are ‘motoring’ as the lender looks to future growth from its biggest revenue driver, but…
This Chinese company thinks the world is ready… After raising US$39 million from its Nasdaq IPO in March, Xiao-I is ready to make its way to the world stage,…
China’s semiconductor developers eye shift to… China’s growing demand for chips used in electric vehicles, servers in data centres and artificial intelligence…
A year after listing, LIC trades at 40% discount… A year after hitting the markets with an initial public offering (IPO), shares of Life Insurance Corporation (LIC)…
SMIC-backed Chinese contract chip maker seeks… Semiconductor Manufacturing Electronics Shaoxing, a joint venture between SMIC and the Shaoxing government, is…
In break from past, ByteDance buy-back price for… ByteDance, the Chinese owner of short video platform TikTok, kept the buy-back price unchanged at its latest stock…
Alibaba to turn into an ‘asset and capital… Daniel Zhang, Alibaba’s chairman and chief executive, said the group will initially retain control over the boards…