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LIC-owned IDBI Bank To Sell Stake In 19 Unlisted Companies For $25.3m

ASIA - Published date: .

Life Insurance Corp. of India (LIC)-owned private sector lender IDBI Bank has decided to sell its stakes in 19 unlisted... Read more

Salesforce Forays Into China With Alibabas Help Amid Trade War

ASIA - Published date: .

Salesforce.com Inc. unveiled a partnership with Alibaba Group Holding Ltd. to enter the Chinese software market, chasi... Read more

Mobile Carrier SoftBank Readies $685m For First Stock Buyback

ASIA - Published date: .

Japanese telecom provider SoftBank Corp. said Wednesday it will repurchase up to 74 billion yen ($685 million) of its s... Read more

Dutch Realty Investor Bouwinvest Infuses $100m In Asia-Pacific Office Portfolio

ASIA - Published date: .

Dutch institutional investment manager Bouwinvest has announced a $100 million investment into a portfolio of offices i... Read more

Chinas Tencent Plans To Increase Its Bets On Indian Tech Startups

ASIA - Published date: .

Chinese internet giant Tencent Holdings, best known for its WeChat messenger app, is looking to increase its bets on In... Read more

Ride-hailing Giant Uber Partners Sun Mobilty To Deploy E-autos In India

ASIA - Published date: .

Chetan Maini-led Sun Mobilty and ride hailing application Uber Technologies on Wednesday announced their partnership to... Read more

SGs Wavecell Acquired By NYSE-listed Cloud Provider 8×8 For $125m

ASIA - Published date: .

Wavecell, a Singapore-based communications platform-as-a-service (CPaaS) provider, has been acquired by NYSE-listed clo... Read more

Koreas Hana Financial Teams Up With Chinas CIC For $850m Fund

ASIA - Published date: .

Korea’s banking giant Hana Financial Group is partnering with China’s sovereign wealth fund China Investment Corpor... Read more

Vietnamese Telco Viettel Launches New Business To Deepen Digital Offerings

ASIA - Published date: .

Viettel Group, Vietnam’s largest telco, has set up Viettel Digital Services (VDS) to develop its digital ecosystem. V... Read more

India May Split Units Of Coal India To Boost Output

ASIA - Published date: .

India may spin off units of Coal India Ltd., the world’s largest coal miner, into separate listed companies to boost ... Read more

Sachin Bansals BAC Acquisitions Doles Out $2.9m Venture Debt To BoAt

ASIA - Published date: .

Consumer electronics startup BoAt lifestyle on Wednesday said it has raised ₹20 crore in venture debt from Sachin Ban... Read more

US-listed Ebix Acquires Indias Yatra For $239m In Travel Services Push

ASIA - Published date: .

Ebix Inc., a supplier of on-demand software and e-commerce services, said on Wednesday that it has acquired online trav... Read more

Indias Apollo Hospitals Mulls Asset Sale, Roping In Investor To Pare Debt

ASIA - Published date: .

The family that controls Apollo Hospitals Enterprise Ltd., India’s largest private hospital chain, is looking to sell... Read more

Singapores Digital Wealth Manager Syfe Raises $3.8m In Seed Round

ASIA - Published date: .

Singapore’s digital wealth manager Syfe has raised S$5.2 million ($3.8 million) in a seed round, led by UK-based VC f... Read more

Indonesias MNC Vision Networks Acquires 60% Stake In K-Vision

ASIA - Published date: .

Indonesia-listed satellite TV and radio services company MNC Vision Networks is acquiring 60 per cent stake in prepaid ... Read more