HKBN CEO Says China Mobile’s Takeover Offer Undervalues Company
China Mobile Ltd.’s takeover offer for HKBN Ltd. undervalues the company, according to the Hong Kong broadband provider’s top executive. “I can swear to you, it does not reflect the…
China Publishes Draft Guidance for Online-Platform Merchant Fees
The Chinese regulator has published draft guidelines for fees online platforms charge third-party merchants, an important source of revenue for companies including JD.com, Meituan and PDD Holdings Inc. Companies that…
TSMC warns US tariffs could derail USD 165 billion Arizona investment
Taipei [Taiwan], : Taiwan Semiconductor Manufacturing Company has cautioned the US government that imposing tariffs on Taiwanese semiconductors could undermine its significant investment plans in Arizona, Focus Taiwan reported on…
Flipkart on track to open 800 dark stores by December as quick commerce booms
Also Read | As Kabeer Biswas jumps to Flipkart, no resolution yet in sight for Dunzo Currently operating in 17 cities across India, Flipkart Minutes is focusing on deepening its…
Private Equitys Big Guns Are Tearing Up the Rules on Leverage
(Bloomberg) -- As one of the world’s largest sovereign wealth funds warned this week that private equity is “very troubled” right now, a spate of recent buyout deals in Europe…
SIS Group signs MoU with govt to upskill civil defence officers to improve security preparedness
Security and business support services provider SIS Group Enterprises on Wednesday said it has signed an MoU with the government to upskill its personnel and include Civil Defence and Disaster…
Airtel, Google team up to counter Jio’s free cloud blitz
New Delhi: Bharti Airtel has partnered with Google to offer 100 GB of Google One cloud storage at no cost for six months to its postpaid and Airtel Wi-Fi users.…
Pocket FM is training its AI model to scale storytelling. Is the investment worth it?
“We're currently testing a very raw model, that is going to take some time. We're also working on getting graphic processing units," said Pocket FM co-founder and chief technology officer…
Adani Group’s defence equipment maker signs ‘Anti-submarine warfare systems’ deal with US-based Sparton
Ahmedabad (Gujarat) [India], May 18 (ANI): Adani Defence & Aerospace has signed a binding collaboration agreement with Sparton (DeLeon Springs LLC), a group company of Elbit Systems and a leading…
The takeover titan: Rama Prasad Goenka’s empire-building saga
Through a whirlwind of mergers and acquisitions in the 1970s and ‘80s, he forged a billion-dollar conglomerate, RPG Enterprises, almost entirely through audacious inorganic growth, leaving an indelible mark on…