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Author: Deal Street Asia Online News
How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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How China’s private markets are bracing for Trump 2.0Asset managers believe it is not all doom and gloom despite geopolitical risks.
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Ant Group shares surge as speculation mounts over revival of IPOAnt Group or its subsidiaries could go public in Hong Kong as soon as early 2025.
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NTPC Green’s $1.2b Indian IPO oversubscribedThe portion reserved for retail investors was oversubscribed by 3.4 times.
NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country’s growing clean energy needs. India has been scrambling to meet its clean energy targets and has ramped up investments in renewable energy and expanded… Continue reading NTPC Green’s $1.2b Indian IPO oversubscribedThe portion reserved for retail investors was oversubscribed by 3.4 times.
Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.
Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday. The IPO will have a deal value of about 100 billion yen ($645.45 million) excluding overallotment. Bain and Toshiba will sell shares in the IPO. Separately, Kioxia will issue new shares,… Continue reading Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.
India: IPO-bound quick commerce company Zepto raises another $350m fundingThis year alone, Zepto has raised more than $1.35b in back-to-back funding r…
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Google-backed Glance narrows losses in FY24 driven by India, SG growthRevenue from India more than doubled to $38.8m.
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Google must sell Chrome, possibly Android to end search monopoly: DOJGoogle called the proposals staggering.
Alphabet’s Google must sell its Chrome browser, share data and search results with rivals and take other measures—including possibly selling Android—to end its monopoly on online search, prosecutors argued to a judge on Wednesday. The measures presented by the Department of Justice are part of a landmark case in Washington, which has the potential to… Continue reading Google must sell Chrome, possibly Android to end search monopoly: DOJGoogle called the proposals staggering.
US indictments wipe $27b off Adani Group market valueGautam Adani’s flagship Adani Enterprises closed down 23% in its worst one-day drop since Februar…
Adani Group companies lost about $27 billion in market value on Thursday after U.S. prosecutors charged the Indian conglomerate’s billionaire chairman in an alleged bribery and fraud scheme. Gautam Adani‘s flagship Adani Enterprises closed down 23% in its worst one-day drop since February last year. Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC, Ambuja Cements – also fell between 7% and 19%. NDTV shares closed up 0.2%. The sharp selloff had… Continue reading US indictments wipe $27b off Adani Group market valueGautam Adani’s flagship Adani Enterprises closed down 23% in its worst one-day drop since Februar…