Bloomberg India’s Tata Consultancy Services Ltd. is bunching the 477 billion rupees ($7.1 billion) of its cash reserves in short and long-tenure securities to balance its need for easy liquidity with safety as it looks to make significant payouts to shareholders each year. Asia’s largest software services provider invested about 53 percent of its reserves in government securities as of ...

Bloomberg Singapore-based Internet provider MyRepublic Group Ltd. is weighing an initial public offering in Hong Kong as early as December 2019 to fund expansion of its cloud-based broadband and mobile platform. The company has raised $150 million in capital, including a $60 million injection from Singapore family office Kamet Capital Partners and CLSA Ltd.’s asset management arm, according to CEO ...

Bloomberg Sharp Corp., controlled by Foxconn Technology Group, plans to buy Toshiba Corp.’s personal-computer business as its Taiwanese parent seeks to expand beyond contract manufacturing and build a brand of its own. Toshiba is selling 80 percent of the unit for 4 billion yen ($36 million) and the two companies aim to complete the sale by October 1, they said ...