The TCS buyback - representing 1.08% of total paid-up equity share capital at 4,500 rupees each - is proposed on a proportionate basis
Bond markets in Asia are likely to stay resilient even as the US Federal Reserve begins to unwind stimulus and hike interest rates this year, economists said
Hong Kong rose by 2.8%, following Jerome Powell's reassurances over rate hikes, and Tokyo was up just under 2% too
Hong Kong and Shenzhen stock exchanges said on Wednesday they signed a new cooperation agreement in hope of boosting investment in the Guangdong-HK-Macau Greater Bay Area.
The issue consists of one tranche, and price guidance to investors has been set at Treasuries plus 210 basis points, the term sheet said
Four of the firms are linked to Shimao, which is discussing payment arrangements with creditors, while Kaisa Group Holdings and Greenland Group are also on list
Among the most popular type of Myanmar wood is teak, long favoured by shipbuilders and furniture makers for its durability in wet environments
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.