Jefferies, in a note, said that Jio could be listed with a valuation of $112 billion. This move might add a 7-15% upside to the share price of Reliance Industries.
Indkal Signs Pact To Design, Manufacture And Distribute Smartphones For Acer
Indkal Technologies has now entered into a trademark licensing agreement with Acer Inc to design, manufacture and distribute smartphones.
Reliance Jio IPO: Listing likely in 2025 at $112 billion valuation, says Jefferies
Investors anticipate the impending Reliance Jio IPO as billionaire Mukesh Ambani remains tight-lipped. The recent telecom tariff hike is seen as a precursor to this long-awaited event. Jefferies, a ...
Reliance stock: Jefferies says Jio listing likely in 2025, shares RIL’s fair values in case of IPO, spinoff
As stock investors eye much-awaited value unlocking at Reliance Industries (RIL), foreign brokerage Jefferies said the decision to spin off or bring initial public offer (IPO) for the telecom arm ...
AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar club
Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company. TSMC also ...
New top US envoy to Taiwan pledges to help island with self-defense as threats from China loom
The United States’ new top envoy to Taiwan promised Wednesday that Washington will help the self-ruled island defend itself as China ramps up its military threats against Taipei.
Visiting Taiwan students amazed at tech
Taiwan university students visiting the Chinese mainland said they are amazed by the rapid development of technology, which has brought great convenience to daily life. A visiting group of outstanding ...
AMOLED phone shipments outnumber LCD ones, heaping pressure on Taiwanese panel supply chain
AMOLED has overtaken LCD as the mainstream screen technology for mobile phones, heaping pressure on Taiwanese panel makers who specialize in the latter, according to industry sources.
Trailblazing Low Carbon Transition for Asia-Pacific Businesses: Cathay United Bank’s 2024 Q1 SLL Growth Exceeds 30% YoY
In response to climate change, Cathay United Bank has set net-zero targets to reduce environmental, social, and corporate governance risks, demonstrating its unwavering commitment to environmental ...
Taiwan to strengthen civil defence to prepare against China threat
China claims Taiwan as part of its territory and threatens to subjugate it with military force if Taipei refuses to submit to Beijing’s control indefinitely. Chinese leader Xi Jinping has in recent years replaced his predecessor’s more patient approach with a campaign of political, economic and military pressure aimed at coercing Taiwan.
Overbought Taiwan Shares Called Higher Again On Thursday
The Taiwan stock market has finished higher in six straight sessions, surging more than 1,100 points or 4.7 percent along the way.
FirstFT: Taiwan to boost civil defence amid China threat
Also in today’s newsletter, Indonesia’s president-elect plans sharp rise in debt, and Hong Kong regulator clears PwC over whistleblower claims ...
Taiwan turns to South-east Asian tourists as Chinese stay away
TAIWAN wants to lure higher-spending travellers from South-east Asia as Chinese arrivals dwindle, a shift that could reshape the island’s tourism industry. Read more at The Business Times.
These Stocks Are Moving the Most Today: Apple, Tesla, AMD, Taiwan Semi, Super Micro, Carvana, Intuit, Smart Global, and More
Apple stock rises after the tech giant’s market value crossed $3.5 trillion on Tuesday, Tesla heads for its 11th-straight close higher, and AMD acquires the largest private AI lab in Europe.
Taiwan Turns to Southeast Asian Tourists as Chinese Stay Away
Taiwan wants to lure higher-spending travelers from Southeast Asia as Chinese arrivals dwindle, a shift that could reshape the island’s tourism industry.
Nanya Technology narrows losses on rising chip prices
Nanya Technology Corp’s logo is pictured in front of the company’s headquarters in New Taipei City’s Taishan District in an undated photograph. Photo: Grace Hung, Taipei Times Nanya Technology said it ...