Taxi app GrabTaxi raises $350 mn from CIC, investors
Other investors include hedge fund Coatue Management LLC and China`s mobile car-ride hailing company Didi Kuaidi, said GrabTaxi, which competes with Uber Technologies Inc.
Aug 19, 2015, 12:20 PM IST$5 bn-plus irregularities at China fund, banks: State auditor
China Investment Corporation (CIC), Bank of China and Agricultural Development Bank of China violated regulations in areas including asset selling, loan issuance and fraudulent invoicing, according to the National Audit Office (NAO).
Jun 19, 2014, 17:43 PM IST