Hong Kong, April 10 (ANI): Chinese regulators on Saturday slapped a record fine of 18.2 billion yuan (2.8 billion dollars) on e-commerce giant Alibaba Group Holding after a months-long antitrust investigation that was initiated on Christmas eve last year, reports South China Morning Post.
Manila [The Philippines], April 9 (ANI): The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a five billion dollars five-year global bond proceeds of which will be part of ADB's ordinary capital resources.
Kolkata (West Bengal) [India], April 9 (ANI): Srei Equipment Finance Ltd (SEFL) has got expression of interest for up to 250 million dollars (about Rs 1,838 crore) capital infusion from US-based Arena Investors LP and Singapore's Makara Capital Partners.
Islamabad [Pakistan], April 8 (ANI): As loans worth billions of dollars continue to mount on Pakistan, Prime Minister Imran Khan on Thursday admitted that the country's economy has been mismanaged in the past.
Manila [The Philippines], Apr 8 (ANI): The Asian Development Bank (ADB) has approved a 484 million dollars (about Rs 3,533 crore) loan to improve transport connectivity and road maintenance in the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu.
Kochi (Kerala) [India], April 8 (ANI): Kerala Legislative Assembly Speaker P Sreeramakrishnan, who has been summoned by Customs in the Dollar smuggling case, will not appear before Customs officials today.
Bengaluru (Karnataka) [India], April 7 (ANI): Avanti Finance, a technology-led non-banking finance company, has raised 26 million dollars (Rs 195 crore) in debt and equity from Oikocredit, Nomura and the Bill & Melinda Gates Foundation.
New Delhi [India], April 7 (ANI): Aerospace major Boeing on Wednesday forecast strong aviation growth in India due to the country's growing economy and an expanding middle class, fueling demand for more than 2,200 new jets valued at nearly 320 billion dollars over the next 20 years.
New Delhi [India], April 7 (ANI): Reliance Industries Chairman Mukesh Ambani reclaimed the top spot in the Forbes list of India's 10 richest billionaires with a net worth of 84.5 billion dollars.
New Delhi [India], April 5 (ANI/PNN): The name of the company SKarn RoboticS has been spreading to corners because of their product line, WECRIPT. Wecript is a safe search engine launched by sKarn RoboticS to provide a safe and secure searching experience to internet users.
Mumbai (Maharashtra) [India], Apr 6 (ANI): Adani Group has become India's third conglomerate to cross 100 billion dollars in market capitalisation with shares of four of its six listed companies reaching an all-time high on Tuesday.
New Delhi [India], Apr 5 (ANI): India attracted foreign direct investment (FDI) inflows of 72.12 billion dollars from April to January, the government said on Monday.