Ant to buy back shares at 70% lower valuation than at IPO
Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the compan ...
India best-performing nation in South Asian region in terms of trade facilitation: UNESCAP
NEW DELHI: India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Pac ...
Bitcoin hits 13-month high
LONDON: Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500.The world's largest cryptocurrency has recently found support due to plans by fund managers, including ...
April-May finished steel imports from China at six-year high
NEW DELHI: India's finished steel purchases from China touched a six-year high in the first two months of the fiscal year beginning in April, according to provisional government data reviewed by Reute ...
Nato agrees to extend boss Stoltenberg’s term by a year
BRUSSELS: Nato decided on Tuesday to extend Secretary General Jens Stoltenberg’s contract by a further year, opting to stick with an experienced leader as war rages on the alliance’s doorstep rather t ...
RBI says 76% of Rs 2,000 notes returned to banks
MUMBAI: As much as 76% of the Rs 2,000 notes in circulation have been returned to banks, mostly through deposits, the Reserve Bank of India said on Monday.On May 19, RBI announced withdrawal of Rs 2,0 ...