Bloomberg Mukesh Ambani’s Reliance Industries Ltd, along with a partner, are among those bidding to take over bankrupt Indian textile firm Sintex Industries Ltd, according to a stock-exchange filing, as the billionaire attempts to diversify from an oil empire and into telecommunications, green energy and fashion. Reliance is partnering with Assets Care & Reconstruction Enterprise Ltd to bid for ...

  Bloomberg More Retail Pvt, an Indian grocery chain backed by Amazon.com Inc, is considering an initial public offering that could value the company at as much as $5 billion, according to people with knowledge of the matter. The company is weighing a first-time share sale in Mumbai as early as June, the people said, asking not to be identified ...

  Bloomberg Hong Kong businessman Sam Wong, 60, has scrapped his holiday plans. An executive director at China Renewable Energy, Wong was booked to fly to the US to spend Christmas with his two children who are studying there. He hasn’t seen them in six months. One week before his flight, the Hong Kong government declared that travellers returning from ...