Bloomberg Tata Communications Ltd. will soon hive its property holdings into a separate company, which will subsequently be listed, capping a 15-year effort by the unit of India’s largest conglomerate. The value of the company’s 773 acres of land parcels may be about $4.08 per share, or about 75 billion rupees, according to ICICI Securities Ltd. The spinoff should take …

Bloomberg China’s efforts to tackle air pollution are getting a reality check, with some regions told to revert to burning coal after shortages of natural gas left people without heating amid freezing winter temperatures. Officials in China’s frigid northern provinces were ordered to prioritise keeping citizens warm and areas that hadn’t yet converted fully to gas were permitted to burn …

Bloomberg China Telecommunications Corp. is studying an investment in the Philippines after President Rodrigo Duterte invited China to enter the Southeast Asian country and challenge local phone carriers PLDT Inc. and Globe Telecom Inc. The Chinese government, which controls its phone carriers, picked China Telecom to be the one entering the Philippines, Communications Secretary Martin Andanar said, citing information from …