MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
20 Jun, 2025, 07.17 PM IST
Adani offers dollar bond again after earlier deal postponedBillionaire Gautam Adani’s conglomerate launched a dollar bond sale on Wednesday, following a delay last month due to investor concerns ove...
20 Nov, 2024, 10.34 AM IST
Alibaba aims to raise $5 billion in dual currency bond deal, sources sayAlibaba Group, the Chinese e-commerce giant, is looking to raise $5 billion through a multi-tranche bond offering. The offering will includ...
18 Nov, 2024, 07.30 AM IST
Asian IPO market seen brighter in 2024 but elections cast shadowsHigh interest rates, sticky inflation and geopolitical tensions have seen share sales by Asia Pacific (including Japanese) companies sink b...
15 Dec, 2023, 08.18 AM IST
Evergrande a Chinese issue; shouldn’t affect other markets: Andrew Freris“I am not underplaying the importance of Evergrande in the Chinese financial market. It is the highest leveraged property company in the wo...
21 Sep, 2021, 04.26 PM IST
Evergrande woes hit Japan's toilet, air-conditioner and paint manufacturers"There are rising and widely reported concerns about fund flows at leading local developer China Evergrande Group, whose business scale sug...
21 Sep, 2021, 01.42 PM IST
China delivery giant Meituan raises $10 billion to build a warchest for drones, self-driving carsThe robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...
20 Apr, 2021, 01.48 PM IST
Investors flock to $5 bn Alibaba bond deal, shrug off regulatory woesPricing for the deal was set on Friday tighter than initially flagged by the company on Thursday, indicating robust demand to buy the rare ...
05 Feb, 2021, 02.46 PM IST
Alibaba, Tencent put talks to buy iQIYI stake on hold due to price, regulatory concerns: SourcesBut the discussions have stalled with little hope of recommencing soon as they balk at a valuation of around $20 billion demanded by Baidu ...
27 Nov, 2020, 02.50 PM IST
Almost everyone at SoftBank thinks going private is a bad ideaConvincing Japanese banks to change their minds and finance the deal would be a tall order. SoftBank is already the country’s second-bigges...
05 Oct, 2020, 09.12 AM IST
Secrecy and speed: Inside Ant Group's unusual IPO processAnt is following a highly unusual process that draws on some of the tactics its former parent and affiliate Alibaba Group previously used.
02 Oct, 2020, 12.53 PM IST
Dollar in the doldrums; US politics, Fed minutes eyedThe risk-sensitive Australian dollar inched up to a three-session high of $0.7194, but also remained contained in the channel it has traded...
17 Aug, 2020, 09.01 AM IST
Billionaire Milner nears funding in Byju’s, making it India’s second-most valuable startupThe Russian-Israeli billionaire, one of the world’s best-known technology investors, is an early backer of the largest internet firms inclu...
04 Aug, 2020, 08.59 AM IST
Another 5 billion reasons to walk away from WeWorkCo-working spaces are anathema to the wave of social distancing that’s sweeping the world. Many of WeWork’s clients are freelancers or star...
03 Apr, 2020, 10.01 AM IST
Tech stocks on a tear as FAANGs and BATTS biteOther euro zone government bond yields were 1-2 basis points lower.
05 Jun, 2018, 03.52 PM IST
China to flex its market muscle with first dollar bond since '04The Ministry of Finance said in a statement it will sell $2 billion worth of notes.
11 Oct, 2017, 12.29 PM IST
Why Ola, Snapdeal should look to raise debtAnt, which operates Alibaba's Alipay payments service, is the world's second-biggest unicorn, with a $60 billion equity valuation that trai...
09 Feb, 2017, 03.38 PM IST