BUSINESS – Page 23 – Asian News from UK

2021 record year for global IPO market: EY

Global IPO issue volume went up 67 per cent to $453 billion…reports Asian Lite News The number of new initial public offerings (IPOs) worldwide in 2021 increased 64 per cent year-on-year to

December 15, 2021

Business·News·World

Turkey’s New Finance Minister Meets Business Leader

Turkey’s newly appointed Treasury and Finance Minister Nureddin Nebati met several businesspersons amid the ongoing currency crisis. The meeting, which also saw the attendance of some private and public bank representatives and

December 12, 2021

News·World·World News

Beijing intervenes to prevent disorderly collapse of Evergrande

Fitch Ratings had declared on Thursday that the embattled property developer has entered “restricted default”, reflecting the company’s inability to pay overdue interest earlier this week on two dollar bonds., reports Asian

December 11, 2021

Business·China

Shiprocket To Fuel Zomato

Logistics technology platform Shiprocket on Friday said it has signed a definitive agreement for a $185 million (Rs 1,380 crore) Series E funding round, co-led by Zomato, Temasek and Lightrock India…reports Asian

December 10, 2021

Business·India News·World

Debenture holders approve Reliance Commercial Finance resolution

Non-banking finance company Authum Investment and Infrastructure’s resolution plan has been voted with an overwhelming majority of over 99 per cent by the debenture holders of Reliance Commercial Finance Ltd…reports Asian Lite

December 10, 2021

Business·India News·News

CAIT demands ‘Work from Home’ policy

The Confederation of All India Traders on Thursday reiterated its demand for a “Work from Home” policy…reports Asian Lite News The traders’ body urged Prime Minister Narendra Modi to direct authorities concerned

December 10, 2021

Business·COVID-19·India News

Simplex Papers’ stocks deliver 6,700% returns this year

In a classic example of a penny stock transforming into a multibagger one, the shares of Simplex Papers have delivered over 6,700 per cent returns till now in 2021…reports Asian Lite News

December 10, 2021

Business·India News·News

India’s vehicle retail sales decline

Lack of supply due to semiconductor shortages as well as incessant rains dipped India’s November overall vehicle retail sales on a year-on-year basis…reports Asian Lite News The data released by the Federation

December 10, 2021

Business·India News

Better.com CEO Vishal Garg apologises for mass layoffs

Garg laid off nearly 900 employees even after his company, which is a digital mortgage lender, had announced it received a cash infusion of about $750 million from Aurora Acquisition Corp and

December 9, 2021

Business

5G should be top priority: Mukesh Ambani

d that affordability has been a critical driver of the phenomenally rapid expansion of mobile subscriber base in India….reports Asian Lite News India must complete the migration from 2G to 4G to

December 8, 2021

Business·India News

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