Bloomberg The owners of Hong Kong Life Insurance Ltd are reviving a sale of the business after a deal was scrapped more than two years ago, according to people familiar with the matter. A sale of Hong Kong Life, whose owners include OCBC Wing Hang Bank Ltd, could fetch $400 million to $500 million, the people said, asking not to ...

Bloomberg Indian billionaire Mukesh Ambani doubled down on his promise to offer 5G services on his wireless network as early as this year, as his conglomerate Reliance Industries Ltd reported a record profit aided by its consumer businesses. The group’s wireless operator, Reliance Jio Infocomm Ltd — India’s largest — has started advance tests to prepare the fifth-generation, high-speed network, ...

Bloomberg UltraTech Cement Ltd doubled profit in the three months ended on December 31 on sustained demand for housing, the company said in a statement. Net income jumped to 15.8 billion rupees ($217 million) from 7 billion rupees a year earlier, beating analyst estimates, the unit of billionaire Kumar Mangalam Birla’s Aditya Birla Group said in an exchange filing. “While ...