Bloomberg Jindal Steel & Power Ltd. is considering a breakup plan as part of a restructuring to help trim its 420 billion rupee ($6 billion) debt pile and boost investor confidence in a company that was once India’s biggest steelmaker by market value. The New Delhi-based company is looking at splitting its steel, power and international businesses into three separate ...

Bloomberg Souche.com, operator of a used car trading website, raised $578 million to fund its research and development and expand its leasing programme. The round was led by Primavera Capital and Morningside Venture Capital. Other investors include Alibaba Group Holding Ltd., Dreamfly Capital and ClearVue Partners, the company said in an emailed statement. Founder and Chief Executive Yao Junhong said ...

Bloomberg China’s embattled HNA Group Co., which has managed to reduce one of the country’s biggest debt piles by selling off dozens of assets, will probably need to slim down even further before regaining the trust of investors. The conglomerate’s total debt fell 9.5 percent to 541.6 billion yuan ($79 billion) at the end of June, down about $8.3 billion ...