India faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...

Indian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...

Indian banks are likely to keep asset quality under control over the next two years, with gross non-performing assets (NPAs) projected at 2...

Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...

Air India's first retrofitted Boeing 787-8 has arrived in Delhi. This marks the completion of a cabin refresh for the first of 26 aircraft....

Some units of Ant Group will set up their own boards of directors to operate more independently, according to a source who saw an internal ...

The Committee on Digital Competition Law (CDCL), formed by the Ministry of Corporate Affairs, had on Tuesday proposed a new digital competi...

Digital firms including Apple, Google, Meta, Amazon, Flipkart, and Uber resisted ex-ante obligations under a new digital competition law. S...

The scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...

Ant's story so far has been one of a dramatic reversal in fortunes: while its shelved $37 billion IPO in 2020 had valued the company at $31...

The People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expecte...

The China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billio...

Warburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...

The new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...

The new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion a...

The People's Bank of China summoned Ant executives on Saturday and ordered them to formulate a rectification plan and an implementation tim...

Ant did make disclosures about major regulatory risks in China in its prospectus and investors are expected to factor in a degree of regula...