Business  /  Published 25.11.20

LAC: more Chinese apps banned

The Modi government  on Tuesday blocked access to 43 more Chinese mobile apps, including Alibaba Group Holding Ltd’s e-commerce app AliExpress, citing security concerns, as border tensions ...
By Our Special Correspondent in New Delhi

Business  /  Published 04.11.20

China suspends Ant Group IPO

The Shanghai Stock Exchange suspended the initial public offering of Ant Group, the internet finance spinoff of the Chinese e-commerce giant Alibaba, an extraordinary turn of events for what had been ...
By Raymond Zhong, Cao Li in New York

Business  /  Published 26.08.20

Ant Group files for dual listing

Ant Group, the financial technology arm of Chinese e-commerce giant Alibaba Group, on Tuesday filed for a dual listing in Hong Kong and Shanghai, in what may be the largest share offering since the co...
By AP in Hong Kong

World  /  Published 27.07.20

Ma of all summons over ‘fake news’

A Gurgaon court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on co...
By Reuters in New Delhi

Business  /  Published 21.07.20

Alibaba arm eyes dual listing

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding, said it has started the process of a dual listing in Hong Kong and on Shanghai’s Nasdaq-style Star Market, kicking o...
By Reuters in Hong Kong


Business  /  Published 14.07.20

Jack Ma trims Alibaba stake

Jack Ma, co-founder of Alibaba Group Holding Ltd, has cut his stake in the company over the past year to 4.8 per cent from 6.2 per cent, cashing out around $8.2 billion at its current share price, the...
By Reuters in Shanghai

India  /  Published 30.06.20

India bans 59 apps with Chinese links

India banned 59 applications with Chinese links, including TikTok and UC Browser, saying they were prejudicial to sovereignty, integrity and security of the country. The list of apps that have been b...

Business  /  Published 28.10.19

Google plan to unlock RIL wealth

Reliance Industries Ltd’s (RIL) bold move to create a holding company on the lines of Alibaba Holdings or Google’s Alphabet Inc could fetch huge returns to the company, with analysts saying the ne...
By Our Special Correspondent in Mumbai

Business  /  Published 30.04.20

RIL digital biz eyes more investors

RIL on Thursday hinted about more monetising opportunities at Jio Platforms Ltd (JPL) — its subsidiary that houses all its digital services initiatives.This comes after Facebook invested $5.7 billio...
By Our Special Correspondent in Mumbai

Business  /  Published 25.10.19

Reliance to turn Jio net debt free

Reliance Industries Limited (RIL) made a big-bang announcement late on Friday evening of its decision to set up a wholly owned subsidiary that will house Reliance Jio Infocomm and all its digital init...
By Our Special Correspondent in Mumbai


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