Alibaba’s IPO biggest-ever globally after additional shares sold: Sou...
HONG KONG: Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the biggest-ever globally at a value of $25.03 billion. The move comes after the stock surged 38 per cent in its... read more »
After Rancor, Afghans Agree to Share Power
KABUL, Afghanistan — Their campaign workers traded blows over ballot boxes during an election widely seen as fraudulent. Some of the warlords backing them have muttered about starting a parallel government, a potential recipe for civil war in Afghanistan. And they’ve just come out of a vote so... read more »
Two killed in explosions in China’s Muslim-dominated Xinjiang region
Beijing: At least two persons were killed and several others injured in a series of explosions in China’s restive Muslim-dominated Xinjiang province. Explosions hit at least three locations in Xinjiang’s Luntai County last evening, the Tianshan news portal, run by the regional... read more »
Finance Minister Arun Jaitley admitted to hospital again
New Delhi: Finance Minister Arun Jaitley was on Sunday night admitted to a hospital here for a check-up after an operation to treat his diabetes. A news agency has quoted a doctor as saying that the minister was doing well. “His condition is absolutely normal. His kidneys are doing well and... read more »
Ashok Leyland gets orders for 4,000 buses valued at Rs 1500 cr
Hinduja Group flagship firm Ashok Leyland has received orders for around 4,000 buses from State Transport Undertakings valued at Rs 1,500 crore. A total of 22 State Transport Undertakings... read more »
SC reserves order on fate of illegal coal blocks
The Supreme Court has reserved its order in the coal block allocation case and has also refrained from giving any specific date to pass the order. Steel and power producers have sought the... read more »
Gold at three-month low on global cues
Extending losses for the eighth straight day, gold prices tumbled to trade at a three-month low of Rs. 27,600 per ten gram by falling Rs. 150 in the national capital on Tuesday on sustained... read more »
Ban on e-rickshaws in Delhi to continue, rules High Court
The Delhi High Court on Tuesday ruled that the ban on plying of e-rickshaws on the roads of the Capital will continue till the rules and regulations for them are framed by the Union Road... read more »
HC confirms death penalty for Pune rogue driver
The Bombay High Court on Tuesday confirmed the death sentence on Pune rogue driver Santosh M. Mane, who two years ago hijacked a state transport bus and killed nine people. The incident happened in... read more »
