Deals
The buyback, funded through internal profits, involved over 100 employees.
1
India: AstroTalk hits $1b valuation after ESOP buyback
2
Vietnamese media group DatVietVAC gears up for $23m IPO
3
KKR offers to buy over 8% stake in Philippine power producer First Gen
4
Tencent Q2 revenue rises 11% on AI-driven ad gains, but profit disappoints
5
China's GigaDevice commits $100m to Yunfeng's $2b USD fund
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IPOs & Markets
The IPO will run from Aug 5 to Sept 7.
First Philippine Holdings holds 67.84% in First Gen.
Earnings and Results
Net profit rose only 0.7% from a year earlier to 56 billion yuan, falling short of analyst expectations.
Private Equity
Yunfeng Capital is a PE fund managed by Alibaba’s Jack Ma and media guru David Yu.
India
Wippi has raised $1.2m in a seed round led by 12 Flags.
World
The partnership, launched in 2024, has so far secured four projects in Sydney, Melbourne and Brisbane.
The company raised funds from Temasek, IFC and others ahead of the IPO.
“The result is driven by good returns in the equity market,” CEO Nicolai Tangen said.
Chandrasekaran joined the Tata Group in 1987 as an intern at TCS.
