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SoftBank works with Nomura on $19bn mobile IPO

Bloomberg SoftBank Group Corp. is working with Nomura Holdings Inc. as it makes early preparations for an initial public offering of its domestic telecom business that could raise more than 2 trillion yen ($19 billion), said people with knowledge of the matter. SoftBank is considering marketing most of the offering to Japanese individuals, said the people, who asked not to ...

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A woman takes centre stage for India’s tech industry

Bloomberg In a sign of the times, the organisation that speaks for and champions India’s $167 billion IT services industry will soon get its first female head. Intel Corp. veteran Debjani Ghosh takes over as president of the National Association of Software and Services Companies (NASSCOM) in April—three decades after its formation. After a two-decade career at the US chipmaker, ...

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Hong Kong traders return to recent listings as Razer surges 24%

Bloomberg Hong Kong’s equity investors are rekindling their love for the newcomers. Four of the city’s recent listings surged on Wednesday after failing to hold on to their debut pops in 2017. Razer Inc. soared as much as 24 percent, while online car-financing provider Yixin Group Ltd. jumped 6 percent. E-book publisher China Literature Ltd. and ZhongAn Online P&C Insurance ...

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