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Articles by ZICO Capital
Eagerly looking forward to seeing more innovations that will shape the industries of tomorrow
In conversation with Prisila, correspondent, Asia Business Outlook Magazine. Deepesh shares his views on the most crucial benefits for people using Cloud computing. In the conversation, he also discussed about how can the application of blockchain technology and AI boost the IT industry's performance. Cloud computing is now employed in practically every aspect of human existence. How is it incorporated into the SCM system, and how does it assist the company?
E-Filing of ITR: Discovery and evolution of the Online Portal for Filing ITR
Income tax filing in India is now available for every eligible person till 31st July. ITR filing refers to a process that includes filling out a form to convey information regarding a person’s income for an assessment year, based on which the amount of tax that needs to be paid by them to the government will be decided. ITR filing can also be completed online. A whopping 50% of the total ITR filing population makes use of this portal.
Singapore's Apeiron Energy Raises SGD 50 Million from ADB
Apeiron Bioenergy ("Apeiron"), a leading integrated global bioenergy player, raised S$50 million on June 23 through the historic issuance of a 5-year senior unsecured green bond guaranteed by the Asian Development Bank's Credit Guarantee & Investment Facility ("CGIF") and an ASEAN+3 initiative to develop local currency bond markets.
Pertamina and Petronas to Takeover Shell's Masela Gas Project
The Indonesian energy minister announced on Monday that state energy corporations Pertamina and Petronas intend to take over Shell's participation interest in Indonesia's Masela gas project. Shell has been attempting to sell its 35% stake in Masela, and Indonesian authorities are eager for the firms to conclude the transaction in order to move the project forward after years of delay.
MUFJ To Acquire Mandala Multifinance For $467 Million
Mitsubishi UFJ Financial Group announced on Monday that it would acquire Mandala Multifinance, a prominent vehicle loan provider in Indonesia, for 7 trillion rupiah ($467 million) in order to expand its Asian presence and capitalise on emerging market consumer growth. MUFG Bank, MUFG's major Japanese banking unit, would hold 70.6 percent, while Bank Danamon, MUFG's local banking unit, will control 10%. Mitsubishi UFJ Financial Group, Inc.
Japan Investment Corp. To Buy JSR Corp. For JPY 1T
The Nikkei reported on Saturday that Japan Investment Corp is in talks to buy JSR Corp, the country's largest chipmaker, for about 1 trillion yen ($6.96 billion). As per the report, the fund intends to make a tender offer as soon as this year after clearing the buyout with domestic and foreign antitrust authorities. According to Nikkei, if the deal goes through, JSR will be delisted from the Tokyo Stock Exchange as soon as 2024.
Security Risks in Cloud Infrastructure and How to Mitigate Them
Prakash Bell, Head, Security Engineering, Check Point Software Technologies, India & SAARC, in interaction with Asia Business Outlook, shares his views on the risks in cloud service providers and the various challenges they face and how they counter them. Security risks in cloud infrastructure are manifesting in form of new threats such as serverless vulnerabilities, container security, API abuse, and supply chain attacks. How do you see the evolving landscape of cloud infrastructure security?
Investment Strategies in Asia Post the Covid-19 Pandemic
Asia Business Outlook team recently got a chance to interact with Alex about the current investments scenario in the Asia region, his investment strategies & policies and various other aspects. Below are the excerpts of the exclusive interview with Alex – What are the tech-savvy finance functions for growing businesses in Asia, in your perspective, and why are they a must-have in today’s day and age?
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