Business

India: Birla Estates Forays Into Bengaluru Property Market With Two Projects

Birla Estates Pvt. Ltd, part of BK Birla Group, has entered the Bengaluru property market with two projects, as the Mum... Read more

Regulatory Shortcomings Threaten Survival Of P2P Industry In China, Say Insiders

Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, accord... Read more

Chinese Online Insurance Platform Huize Files For US IPO

Huize Holding, the operator of an online insurance intermediation platform in China, has filed to raise about $150 mill... Read more

SoftBank Has A Lot Riding On Performance Of WeWork IPO

SoftBank Group Corp. and its affiliates own about 29% of WeWork ahead of its initial public offering, an executive for ... Read more

Russian Supermarket Chain VkusVill Plans IPO In New York

VkusVill, a fast growing Russian supermarket chain, is planning an initial public offering (IPO) in New York and expans... Read more

Philippines Largest Hospital Chain Metro Pacific Files For IPO, Could Raise Up To $1.6b

The Philippines’ largest hospital chain has filed for an IPO, it said in a filing on Wednesday, even as bidders are r... Read more

Indonesias Steel Producer Gunung Raja Paksi To Raise $78m Via IPO

Indonesia’s steel producer Gunung Raja Paksi is planning to raise up to $78 million (Rp 1.12 trillion) in an initial ... Read more

WeWork Plans To Kick Off IPO Roadshow As Soon As Next Week

WeWork is planning to kick off its initial public offering roadshow as soon as next week, according to people familiar ... Read more

Philippine Unit Of Taiwans Kinpo Electronics Revives IPO Plan

The Philippine unit of Taiwan’s Kinpo Electronics Inc has revived its plans for an initial public offering (IPO), nea... Read more

Japans Line, Nomura Launch Zero-commission Online Brokerage Venture

Line Corp. and Nomura Holdings Inc. said they launched an online brokerage venture which will charge zero commissions f... Read more

Carlyle-backed SBI Card Invites Bids From Advisors For Its Proposed IPO

SBI Cards and Payment Services Pvt. Ltd, the credit card subsidiary of India’s largest lender State Bank of India, on... Read more

Saudi Aramco Asks Banks To Submit Proposals For Potential Roles In IPO

Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public o... Read more

India: New Fortis CEO Plans To Cut Costs To Revive Hospital

The new chief executive officer at Fortis Healthcare Ltd. plans to cut a fifth of costs to resuscitate India’s second... Read more

Baidu Sales Beat Analyst Estimates Despite Challenge From ByteDance

Baidu Inc.’s quarterly revenue beat analysts’ estimates after China’s biggest search giant managed to hold onto a... Read more

Chinese E-commerce Firms Block Sales Of Protest Gear To Hong Kong

Hong Kong demonstrators will need to look beyond mainland China for supplies of protest gear that’s defined the look ... Read more