What’s harder? Spotting a unicorn in a dense forest or pulling one away from the cliff? Or, in less pictorial terms, venture capital or investing in promising but distressed assets? Alibaba Group Holding Ltd, which built a sprawling consumer tech empire through lots of equity investments, will soon find out as it increases its stake in the online retailer Suning.com ...

Bloomberg State-run NTPC Ltd, India’s largest power generator, aims to take its renewables unit public to help fund a 2.5 trillion rupees ($34 billion) clean energy expansion, according to a company official with knowledge of the plans. The New Delhi-based producer wants to list its NTPC Renewable Energy Ltd unit in the next fiscal year, which begins in April 2022, ...

Bloomberg India’s Cars24 Services Pvt is in talks with Yuri Milner’s DST Global and other investors for a funding round that could double the used-vehicle site’s value to $2 billion, a person familiar with the discussions said. India’s biggest online marketplace for pre-owned cars is set to raise $200 million to $250 million from existing backers including DST, which may ...