Cloud security startup PingSafe raises $3.3 million in funding led by SurgeThe freshly raised capital will help the startup advance its cloud security solution and product innovation, and also ramp up its global bu...
20 Jul, 2023, 07.42 PM IST
HSBC defeats proposal to split bankShareholders voted overwhelmingly to reject the move, in line with the Asia-focused lender's recommendation, the group said at its annual g...
05 May, 2023, 06.57 PM IST
IL&FS to sell Chinese road asset for Rs 2074 croreIL&FS owns 49% in the asset through a Singapore subsidiary ITNL International Pvt Ltd (IIPL) while Chongqing Expressway Group held the bala...
23 Dec, 2020, 07.03 PM IST
DDoS attacks are on the rise in India, says cyber security firm RadwareIn August 2020 the number of Distributed Denial of Service (DDoS) incidents in India hit a record high in terms of total DDOS packets, whic...
21 Sep, 2020, 06.14 PM IST
Grab secures $1.46 billion investment from SoftBank Vision FundGrab intends to use the funds to advance its super app vision in Southeast Asia, with the aim of bringing more every day services, greater ...
06 Mar, 2019, 02.12 PM IST
Hong Kong sees worst IPO returns in a decadeA boom in technology listings has propelled local deal value to $35.7 billion.
20 Dec, 2018, 08.19 AM IST
China traders paying double for PICC shares after IPO surgePICC Group was the first insurance company to list on the mainland in seven years.
23 Nov, 2018, 09.29 AM IST
You think your company can't be hacked? Here's what you don't knowA breach, or a compromise of the digital perimeter of a company, is one of those things most firms think happen to others.
18 Oct, 2017, 01.25 PM IST
Backpacker hostel chain Zostel raises Rs 5 crore from angel investmentZostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel inv...
09 May, 2014, 09.57 AM IST
- China's corporate performance on decline: Report
The index, a main gauge of corporate performance, declined to 133.8 in the first quarter of this year from a three-year high of 138 in the ...
09 Apr, 2011, 10.45 AM IST
- China orders pay cuts for corporate high-flyers
China has ordered pay cuts for executives at state-owned banks and other finance firms as public anger grows over their high salaries durin...
10 Apr, 2009, 10.19 AM IST
- Chinese insurer to record $2.3 bn loss on Fortis
Ping An Insurance Co., one of China's biggest insurers, said Monday it will record a $2.3 billion loss on its stake in troubled European ba...
06 Oct, 2008, 08.46 AM IST
- Global churn may bring Chinese insurance firms to India
Chinese insurance firms could end up having a strategic stake in life insurance in India if their global acquisition plans attain fruition.
23 May, 2008, 03.00 AM IST
- Chinese insurer Ping An to raise $22 bn for acquisitions
A major Chinese insurer has announced plans to raise up to $22 billion for acquisitions at a time when US and European banks, battered by m...
22 Jan, 2008, 12.00 AM IST
- Chinese insurer acquires 4.2% in Fortis for $2.7 bn
China’s state-owned companies spent almost $17 billion on overseas financial purchases in 2007, buying stakes in Barclays, Bear Stearns, Bl...
30 Nov, 2007, 12.20 AM IST
- China to allow insurers to double stock play
China will allow insurers to double the share of assets invested in local equities.
13 Jul, 2007, 04.36 AM IST
- China bars investment of share-sale money in stocks
China’s securities regulator barred companies from using proceeds from share sales to invest in stocks.
21 Mar, 2007, 12.30 AM IST