ANT
Jack Ma loses title as China's richest man after coming under Beijing's scrutinyJack Ma and his family had held the top spot for China's richest in the Hurun Global Rich List in 2020 and 2019 but now trail in fourth pla...
- Ant's employees expected a windfall. They got unsellable shares
It has shelved a share buyback program for current and departing staff, in part because of uncertainty over how to value the company.
- Two arrests, two outcomes tell a tale of Xi Jinping's China
Under Xi, the party’s traditionally suspicious stance against businesspeople who are politically active or outspoken has worsened. Wang Gon...
- India-China standoff: Status quo ante pre-April 2020 on LAC restored or not, asks Owaisi
Commenting on Defence Minister's remarks on disengagement of Chinese troops from LAC, AIMIM chief Asaduddin Owaisi claimed that the latter ...
- No peace and tranquillity if there's no status quo ante at LAC: Rahul Gandhi
"No status quo ante = No peace and tranquility. Why is Government of India (GOI) insulting the sacrifice of our jawans and letting go of ou...
- Ant Group reaches deal with China regulators on restructuring
An agreement on the restructuring of Ant, an affiliate of e-commerce giant Alibaba Group, would ease investor concerns about a regulatory c...
- ‘Bitter harvest’: Farmers’ unions up ante over MSP
Farm groups have termed the Budget a “bitter harvest” sugar-coated with an implausible target of doubling farmers’ income by 2022. Claiming...
- China's Ant Group said to plan revamp amid regulatory pressure
China's Ant Group is planning to refashion itself as a financial holding company under the supervision of People's Bank of China, the Wall ...
- Ant Group will see 'results' if legal process after IPO halt followed: central bank governor
Beijing has signalled that it wants to strengthen its oversight, particularly of technology firms looking to expand into the financial spac...
- Chinese regulators to push tech giants to share consumer credit data: Sources
Chinese regulators, including the central bank, plan to instruct internet platforms to feed their vast loan data to some of the nationwide ...
- Hong Kong faces critical test in 2021 as China ups the ante
The implementation of Hong Kong’s national security law by the Chinese Communist Party was the catalyst. the “one country, two systems” arr...
- Alibaba plans to raise at least $5 billon via dollar bond this month -sources
Depending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of th...
- China asks all internet platforms to investigate fintech operations
China's Banking and Insurance Regulatory Commission (CBIRC) urged platforms conducting online micro-lending, insurance, wealth management a...
- Ant considers holding company with regulation similar to bank: Report
Chinese regulators on Sunday ordered Ant to devise a plan to overhaul its business, the latest in a series of steps to rein in Ma's online ...
- China orders Ant Group to return to online payment roots
China's central bank summoned Ant executives over the weekend and demanded the company "strictly rectify" its lending, insurance and wealth...
- Ant turning from windfall to nightmare for global investors
Authorities also berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage.
- China orders Ant Group to rectify businesses
The People's Bank of China summoned Ant executives on Saturday and ordered them to formulate a rectification plan and an implementation tim...
- Ant Group denies talks to sell stake in Paytm
Paytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface...
- Ant talks of significant influence over Paytm
Ant Group's stake in the Paytm parent would be pegged at about $5 billion, based on the $16 billion valuation ascribed to its business when...
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