The BSE Sensex has been one of the top-performing areas of investment in the past 40 years, consistently delivering double-digit returns in rupee terms, beating assets such as global equities, precious metals, and fixed income.
With 6.44 per cent of shares in his bracket, Jack will continue to exert his influence on China's biggest e-commerce company through his lifetime membership with the Alibaba Partnership, reported CNN.
Chinese billionaire and Alibaba group founder Jack Ma is suspected to be missing following his mysterious disappearance from the public eye for over two months after Beijing's aggressive crackdown on his business empire.
A source said the deal would see Alibaba invest around $600 million
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed eight spots to the 45th rank, the highest for an Indian company on Forbes' latest Global 2000 list of public companies worldwide.
Chinese billionaire Jack Ma, suspected to be missing following Beijing's aggressive crackdown on Alibaba Group, resurfaced on Wednesday.
India is sceptical that Tesla might import into the country cars made in China. Tesla executives were in India last month and appear to have proposed a factory in the country. But do not be surprised if that does not happen in a hurry.
Paytm's pre-IPO investors, which include likes of Warren Buffet's Berkshire Hathway, SoftBank and Alibaba, do not seem to be in a hurry to exit India's leading digital payments brand as they continue to believe in its long-term prospect, analysts said. On Tuesday, 86 per cent of Paytm's shares became free to trade after the end of the lock-in period, allowing investors to sell shares that haven't yet been allowed onto the market. Market participants have been speculating on Paytm, post-expiry of lock-in for pre-IPO investors.
Ma is also exploring strategic play in one of the largest media houses in India.
The deal gives a valuation of over $4 billion to Paytm, which is already backed by Alibaba group as a strategic investor.
Internet giant Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about $18 billion, says a media report.
Alipay payment service is about bringing the world's consumers and businesses together.
Alibaba is playing a big role in helping to train the senior management of the upcoming Paytm Payment Bank
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The Chinese government has accused e-commerce titan Alibaba Group Holding Ltd of not paying enough attention to illegal business conducted on its platforms and failing to take effective steps to snuff it out.
Chinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
Together with the firm's partly-paid shares that were issued in the recent rights issue and are traded separately, the company had a combined m-cap of Rs 13.5 lakh crore or over $181 billion.
Bigbasket's founder V S Sudhakar said his company was reengineering its supply chain to allow for faster delivery to its resellers and to reduce the time from farm to customer.
Digital payments and financial services firm Paytm has filed a draft red herring prospectus for its proposed Rs 16,600-crore initial public offering (IPO) with the Securities and Exchange Board of India.
Joint venture to take on Amazon will be announced next week.
The South China Morning Post has iconic status in the region.
The companies did not immediately give a figure for the investment, but Chinese state media reported earlier on Thursday it would total 1.2 billion yuan ($192 million).
@015 has been a good year so far in terms of importan private equity deals.
The largest deal of this year was Centerbridge Partners LP investing $1,157 million in Senvion SE for 100% stake from Suzlon Energy.
Grocery e-commerce platform BigBasket has faced a potential data breach which could have leaked details of its around two crore users, according to cyber intelligence firm Cyble. The company has filed a police complaint in this regard with the cyber crime cell in Bengaluru and is verifying claims made by cyber experts.
The company's revenue fell by one per cent to $1.20 billion in the July-September quarter of 2012.
Sharapova is not just one of the world's top tennis players but a brilliant business woman.
Internet company Yahoo!'s co-founder Jerry Yang has quit the company he founded 17 years ago.
According to reports, private-equity firms such as Silver Lake Partners are considering bidding for Yahoo.
It is part of a global strategy to shrink the footprint. It will be shutting operations in a few countries, including Australia.
It already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group , white goods producer Qingdao Haier and flag carrier Air China to target customers abroad.
Obama joked comfortably with the eccentric founder and executive chairman of Alibaba Group.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
Paytm is banking on its offline network of merchants to fight bigger rivals Amazon and Flipkart
Amazon India, Flipkart and Snapdeal are currently locked in a battle for market leadership in the burgeoning Indian e-commerce sector.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Alibaba's pervasive economic and social influence in China is seen as a threat to the authority of the Chinese Communist party, notes Shyam Saran.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
Jack Ma who had five years ago said he was inspired and excited by "Make in India" possibly understood the essence of the signature campaign better than some others and decided to stay away from India other than as an investor, says Nivedita Mookerji.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
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