Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

Public sector lender Punjab & Sind Bank is exploring raising funds through various means, including the QIP route to dilute the government’s stake to meet Sebi’s minimum public shareholding (MPS) norms. As per the Securities and Exchange Board of India (Sebi), all listed companies must maintain an MPS of 25 per cent. “We have got…

‘Will Build New-Era Kerala Rooted In Inclusive Development’

Kia India plans to expand its manufacturing capacity to meet future demand. The automaker targets annual sales of 410,000 vehicles by the year 2030. Kia will introduce ten new vehicles, with eight being electrified models. The company is also expanding its network into smaller Indian cities. This expansion aims to serve both domestic customers and…