Topic: Ant Group
Bankers who a year ago were betting the IPO would get done this year or next, now say 2023 is more likely. Regulatory hurdles remain.
It is said Chinese innovators work with one hand tied behind their backs. That won’t help the country’s tech ambitions.
Morphing back into a clearly defined financial services player and away from the fuzzy fintech giant operations won’t be too tough for Ant. The hard part is capital commitment.
Indian women face multiple barriers in accessing finance in an equitable manner. Research suggests adding a gender lens to existing laws and financial products is crucial.
Petrol sales have gone up 14% during 1-15 May from the corresponding period in April, a considerable amount especially in comparison to other fuels.
While AROO does research on the product, manufacturing is handled by another company with which it has a tie-up. The first set of AROO gear was delivered in second half of 2021.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.