Chinese tycoon set to build more billions with IPO

Wang Jianlin rose from local bureaucrat to China`s richest man by transforming a debt-laden state-owned housebuilder into the sprawling Wanda Group, and the flotation of one of its subsidiaries Tuesday may propel him back up the table of fortune now dominated by Internet moguls.

Largest drum-shaped building in China sets Guinness record

An 18-metre-high structure in the shape of a drum in east China's Anhui Province was on Saturday named the world's largest drum-shaped building by the Guinness World Records.

RCom plans to monetise real estate assets

Telecom major Reliance Communications plans to monetise its real estate assets as it looks to pare debt.

Anil Ambani's Reliance group, China's Wanda to form township JV

Anil Ambani-led Reliance Group Thursday signed an agreement with China's retail player Wanda Group to set up a joint venture for building integrated township projects in India.