Bloomberg General Atlantic will invest 36.8 billion rupees ($498 million) in billionaire Mukesh Ambani’s retail venture as Asia’s richest man continues to garner funds after securing more than $20 billion for his digital services unit earlier this year. The private equity firm will hold a 0.84% stake in Reliance Retail Ventures Ltd, according to an exchange filing on Wednesday, giving ...

Bloomberg Women in India spend about five hours a day on unpaid domestic work, or thrice as much time as men, according to a new survey by the government. Only about 18% of women participated in employment and related activities in a day, against 57% of men, according to the findings of the first Time-Use survey by the Ministry of ...

Bloomberg Hong Kong retailers’ struggles eased slightly in August even as social-distancing measures were extended to combat the latest wave of coronavirus infections in the city. Retail sales by value fell 13.1% from a year earlier to HK$25.6 billion ($3.3 billion), according to a government statement. That’s better than the median forecast for a 17.5% decline in the period, according ...