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ANT FINANCIAL GROUP
Bollywood star once ran his household on just Rs 30. Today, his networth is over Rs 200 crore: 'If you come from an ant to an elephant....'Jackie Shroff, now worth over Rs 200 crore, once managed his household on just Rs 30. He shared his journey from abject poverty, emphasizin...- Never burn out, never complain, never quit: Solomon the Great said study ants to get wise; here are the 7 life lessons he meantAnts, though small in size, offer surprisingly powerful lessons for human life. This article highlights the wisdom found in observing their...
- Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
- Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- Ant Financial exits Paytm; sells 5.84% for Rs 3,803 croreFollowing the stake sale, shares of One97 Communications fell 1.45% to ₹1,062 apiece on NSE, while the scrip of the company went lower by 1...
- China's Ant Group plans to list overseas unit in Hong Kong, report saysAnt was founded by billionaire Jack Ma and is 33% controlled by Alibaba. It operates China's ubiquitous mobile payments app Alipay. Chinese...
- Jack Ma to give up control of Ant Group: reportMa might transfer his voting power to other Ant officials, including CEO Eric Jing, after which they would collectively control the company.
- China's Ant Group shares credit data with central bank"The inclusion of Huabei's credit information into the credit reporting system will help users' credit information be more comprehensive," ...
- Fidelity halves valuation of Ant Group after Chinese crackdown: ReportThe new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...
- Ant Group CEO Simon Hu resigns, Eric Jing to replace himSimon Hu’s resignation as Ant Group CEO comes at a time when the fintech giant is being pushed by regulators to revamp operations after its...
- Ant turning from windfall to nightmare for global investorsAuthorities also berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage.
- China orders Ant Group to rectify businessesThe People's Bank of China summoned Ant executives on Saturday and ordered them to formulate a rectification plan and an implementation tim...
- Ant is said to face slim chance of getting IPO done in 2021Ant is still in the early stages of reviewing changes needed to appease regulators, who demand that its business comply with a slate of new...
- 'It's a joke': retail investors shocked as China halts Ant Group's IPOChina blocked the fintech giant's $37 billion listing on Tuesday, thwarting its debut in Hong Kong and Shanghai scheduled for Thursday and ...
- Ant's record strategic allocation in Shanghai IPO fuels small investor scrambleAnt, backed by e-commerce firm Alibaba Group , has launched a dual-listing process in Hong Kong and on Shanghai's STAR Market, and the offe...
- Ant Group faces US headwinds in race to IPO before Trump voteAnt is said to be targeting a valuation of $250 billion, which would make it one of the world’s most valuable financial firms ahead of Bank...
- Ant talks of significant influence over PaytmAnt Group's stake in the Paytm parent would be pegged at about $5 billion, based on the $16 billion valuation ascribed to its business when...
- Paytm promotes Vikas Garg as deputy CFORecently Paytm had elevated its CFO Madhur Deora as a president in the company giving him expanded roles and responsibilities. The Softbank...
- Chinese come calling: At $5 bn valuation, Alipay to buy 25% stake in MicromaxThe move is a big push for Micromax, valuing India’s No. 2 handset maker at around $4-5 billion (approximately Rs 24,000-30,000 crore).
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