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Covid runs rampant in China as govt seems absent

On December 23, China's Ministry of Foreign Affairs tweeted, 'China's COVID situation is predictable and under control.' IMAGE: A medical worker provides instructions to a resident at a mobile......

Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

The company did not disclose the valuations at which funds were raised. Transportation app Ola said on Wednesday it has raised $ 1.1 billion in funding led by Tencent Holdings and is in "advanced......

Ladakh Fallout: How India Bled Chinese FDI

In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past.In the first half of 2021-2022, FDI......

Danger grows as Xi made 'Chairman of Everything'

The Chinese Communist Party held its Sixth Plenum from 8-11 November, and Chairman Xi Jinping used this choreographed political theater to further cement his status in the pantheon of Chinese......

China protests US ban on TikTok, WeChat; warns counter measures

China on Saturday said it was resolutely opposed to the United States' move of blocking downloads of WeChat and TikTok apps and warned counter measures to protect the interest of Chinese companies.......

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates......

Swiggy refiles IPO papers; eyes Rs 3,750 cr via fresh issue

Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO).......

Swiggy gets one step closer to $1.25 bn IPO

Shareholders’ nod to raise $450 mn via fresh issue, $800 mn via OFS Photograph: PTI Photo from the Rediff Archives Food delivery major Swiggy has received approval from its shareholders for......

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

NBA stirs US hornet's nest, faces China backlash

IMAGE: Houston Rockets guard Austin Rivers (25) tries to score against Golden State Warriors guard Andre Iguodala (9) during the 2019 NBA Playoffs at Oracle Arena. Photograph: Kyle Terada-USA......

Snubbed by BCCI, Srinivasan is 2nd most influential man in Asian Sport

Indian administrators are ruling the roost in Asian sports. Although, the Board of Control for Cricket in India (BCCI) barred Narayanaswami Srinivasan from attending any meeting but he is still at......

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