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Total 6 results found. Search for [ Ant Group to restructure into financial holding company ]

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Reuters
May 3, 2021
The new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion as of the end of February, based on regulatory filings cited by the WSJ


Rashi Bisaria
New Delhi, April 13, 2021
Govt bans on-board meals in flights as Covid-19 cases riseThe Civil Aviation Ministry said on Monday that airlines are not allowed to serve meals on flights that have a duration of less than two hours in the wake of a spike in coronavirus cases in India.The ban will come into effect from April 15, the ministry said in its latest order. However, there are no curbs on inflight meals on international flights as of now.Poonawalla-led Rising Sun's acquisition of stake in Magma Fincorp gets CCI n...


BusinessToday.In
April 12, 2021
The popcorn salad recipe in question came from Food Network's Molly Yeh. A video of Molly making the popcorn salad was posted on Twitter. The popcorn salad recipe video went viral on Twitter. The video has amassed over 1.4 million views


Reuters
April 12, 2021
The overhaul comes two days after e-commerce giant Alibaba Group Holding Ltd, of which Ant is an affiliate, was hit with a $2.75 billion antitrust penalty as China tightens controls on the \"platform economy\"


BusinessToday.In
March 12, 2021
Hu's exit comes at a time when Ant Group is working on plans to shift to a financial holding company structure following regulatory pressure to subject it to rules and capital requirements similar to those for banks.


BusinessToday.In
February 3, 2021
Jack Ma's Ant Group has reached a deal with Chinese regulators on restructuring plan and it is expected to be announced officially before the start of China's Lunar New Year holiday next week


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