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FWD Group launches US$512 million Hong Kong IPO, targeting HK$48.3 billion valuationFWD Group, a pan-Asian insurer founded by Richard Li, is seeking to raise US$512 million in a Hong Kong IPO. The deal values the company at...- Country Garden shares surge 11% in resumed trade after 9-month haltShares of China’s struggling Country Garden surged by 11% after a nine-month trading halt to prepare delayed financial statements. The deve...
- 'Dont want CBI to misuse power': Congress govt in Karnataka backs move to withdraw consent to CBI for probeThe Karnataka government has withdrawn open consent for the CBI to conduct investigations in the state, citing misuse of power. Home Minist...
- Congress begins exercise of studying prospective candidates for 2024 Lok Sabha in Karnataka"The background of the Lok Sabha election is being studied to see who is the candidate but who is suitable. A report will be submitted to K...
- China Evergrande liquidation hearing unexpectedly adjourned to JanuaryOn Oct. 29, at the previous adjournment, Hong Kong High Court Justice Linda Chan said Monday's hearing would be the last before a decision ...
- Evergrande faces final chance to avoid liquidation by HK court“If Evergrande fails to deliver an improved restructuring plan that meets the demands of the ad hoc group of creditors, the Hong Kong court...
- DA case against Shivakumar: BJP government did not follow law, CM says, defending withdrawal of sanction to CBIThe High Court had, last month, dismissed a plea from Shivakumar praying for quashing the CBI investigations into the DA case registered ag...
- Evergrande shares rise despite mounting uncertainty over debt revamp planThe rise came despite growing uncertainty about the cash-strapped developer after Reuters reported that some of its offshore creditors were...
- Fresh violence breaks out in Rishra, train services suspendedPolice personnel were attacked and injured, police vehicles vandalised and stones and glass bottles were strewn all over the place, local s...
- Calcutta HC takes suo motu cognizance of Anish Khan's alleged murderAt the same time, chief minister Mamata Banerjee has ordered the formation of a Special Investigation Team (SIT) under Chief Secretary HK D...
- Congress resorts to dharna in Karnataka house in CD case, demands resignationsThe Congress members also wanted the government to charge the former minister for alleged “sexual assault”. The Congress leaders, including...
- Pan Sutong was one of Asia’s richest men; now he’s fending off debt collectorsIt’s a swift fall from grace for Pan, 57, who was Asia’s fourth-richest man in 2015 with a net worth of $27 billion, according to the Bloom...
- Hong Kong tycoon drops $2B bid for PCCWA Hong Kong tycoon abandoned his controversial $2 billion plan to take over the city's biggest telecom company on Thursday after a court bl...
- SC rejects stay on DLF cyber cityThe Supreme Court on Tuesday refused to entertain a petition seeking stay on construction of DLF cyber city in Gurgaon.
- TRAI competent to regulate broadcast services: SCSC dismissed private broadcaster Star India's petition challenging the Delhi High Court's order that allowed TRAI to regulate broadcasting ...
- SC seeks Trai explanation on BSNL orderThe Supreme Court on Monday sought explanation from Trai on its order directing BSNL to charge 30 paise per minute for termination of inter...
- SC refers spirit fee dispute to larger benchA Larger constitution bench will decide whether state governments had the authority to levy fee on sale of specially denatured spirit to li...
- Payment delays to cost more for insurersThe Supreme Court (SC) has ruled that insurance companies are liable to pay the interest as damages on delayed payment of the insured amoun...
- SC for joint trial of borrowing cos' damage suitsThe Supreme Court has ruled that there has to be joint trial of damage suits filed by borrowing companies. There cannot be two separate tri...
- Debt trials only at DRTThe Supreme Court has ruled that there has to be a joint trial of damage suits filed by borrowing companies and the banks who lend them.
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