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Page 73 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China Crackdown Makes Hong Kong Index World s Biggest Tech Loser

China Crackdown Makes Hong Kong Index World s Biggest Tech Loser
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Zomato s Debut to Test Appetite for India s New Tech Generation

Typhoon Behind China’s Deadly Floods Barrels Toward Key Oil Hub Top Indian Oil Refiner Betting on Robust Future for Fossil Fuels Fed Seen Speeding Taper of MBS in Early-2022 Start to Pullback Chinese Startup Meicai Weighs Hong Kong IPO After Crackdown As Junk Bond Sales Near Record, Dealmakers Crave a Summer Break U.K. PMIs Signal Economy Slowing as Covid Hits Supply Chains Owners of Condom Maker Lifestyles Mull $500 Million Sale China Considers Turning Tutoring Companies Into Non-Profits Banks Rethink Evergrande Mortgage Halt After Queries From HKMA ‘Really Annoying’ Chip Shortage Constrains Volvo Before IPO Looking Into a Crystal Ball With Bloomberg Intelligence s Chief Equity Strategist

Zomato s $1 3 bn IPO debut to test appetite for India s new tech generation

For over a decade, Deepinder Goyal’s Zomato Ltd. has delivered soul food from spicy dosa crepes to soft bread Pav Bhaji with curried vegetables to millions across India. Now, investors get a taste of the fast-growing food delivery giant. The startup soared more than 80% in its Friday debut following a $1.3 billion initial public offering. Zomato, the first of a generation of internet unicorns to tap India’s capital markets, has generated a seldom-seen frenzy among the local investment community. Investors bragged on Twitter about snagging shares in the startup, yearning for the sort of returns Facebook Inc. and Alibaba Group Holding Ltd. generated. Its IPO is India’s biggest since March 2020, and got about 35 times more bids from anchor investors than shares it intended to sell.

China s Billionaires Take Low-Profile Route to Exploring Space

China’s Billionaires Take Low-Profile Route to Exploring Space Bloomberg 14 hrs ago Bruce Einhorn (Bloomberg) Now that Jeff Bezos and Richard Branson have made their trips to space, other billionaires are bound to follow. China’s ultra-rich are also looking for adventure and business opportunities in the skies, but they’ll be keeping their feet firmly on the ground. Popular Searches The country’s tycoons are steering clear of space tourism and the type of exploration that Elon Musk is pursuing even further afield, instead focusing on businesses like satellite manufacturing and rocket launching that support China’s ambitions in space.

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