Beijing: The absence of Alibaba founder Jack Ma from public view in the past two months, including the loss of the final episode of a TV show in which he was to appear as a judge, has fueled speculation on social media about his whereabouts amid a Chinese regulatory crackdown …
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BENGALURU (Reuters) – Indian online grocery startup BigBasket is in advanced talks to sell a majority stake for about $ 1 billion to salt-to-software conglomerate Tata Group. reported the Economic Times on Wednesday, citing three sources familiar with the matter. The centennial group has been planning to launch a “super …
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NEW DELHI: There are rarely two words in an obscure document like IPO prospectus raised as many eyebrows as the use of “significant influence” by Group of ants did recently. A part of the Chinese giant Alibaba Group, Ant had used the term to describe his 30% stake in the …
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Reliance Industries Ltd., owned by Indian billionaire Mukesh Ambani, is offering to sell an approximately $ 20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter. Amazon has held investment talks in the conglomerate’s Reliance Retail Ventures Ltd. unit and has …
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