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Page 391 - Bloomberg

State Bank of India rejigs senior leadership roles to boost dominance

State Bank of India, the country's largest lender, is re-jigging its senior leadership positions with at least four key executives getting new roles, according to people familiar with the matter

State Bank of India rejigs senior leadership roles to boost dominance
Updated On : 06 Jul 2023 | 7:09 PM IST

Tata Group weighs buying Temasek Holdings' stake in Pay TV platform

Tata Group is contemplating whether to delay the planned Tata Play listing because of market conditions, the people said

Tata Group weighs buying Temasek Holdings' stake in Pay TV platform
Updated On : 06 Jul 2023 | 3:39 PM IST

Adani Green Energy weighs raising $1.5 bn to fund expansion, say reports

Adani Green Energy Ltd.'s board will discuss plans to raise funds from institutional investors on Thursday

Adani Green Energy weighs raising $1.5 bn to fund expansion, say reports
Updated On : 06 Jul 2023 | 2:02 PM IST

Threads: Meta's "Twitter killer" app puts Elon Musk under pressure

Users, on the whole, may care little about that. What they will care about, though, is a lack of control over what they see in their Threads feed

Threads: Meta's "Twitter killer" app puts Elon Musk under pressure
Updated On : 06 Jul 2023 | 1:12 PM IST

Mark Zuckerberg posts first tweet in 11 years in Threads jibe at Musk

Meta's Instagram officially unveiled Threads, considered most potent threat yet to struggling social media service Musk owns. Hours later, Zuckerberg tweeted photo of identical Spider-Men facing off

Mark Zuckerberg posts first tweet in 11 years in Threads jibe at Musk
Updated On : 06 Jul 2023 | 9:44 AM IST

Nine British banks sign up to Mastercard's new AI tool for tackling scams

Nine of the UK's biggest banks, including Lloyds Banking Group Plc, Natwest Group Plc and Bank of Scotland Plc, have signed up to use the Consumer Fraud Risk system, Mastercard

Nine British banks sign up to Mastercard's new AI tool for tackling scams
Updated On : 06 Jul 2023 | 7:40 AM IST

Xi Jinping's metal curbs risk backfiring as G-7 seeks alternative to China

The new export licensing system highlighted China's dominant position in global production of gallium and germanium, which are used to make chips, electric cars and telecommunications equipment

Xi Jinping's metal curbs risk backfiring as G-7 seeks alternative to China
Updated On : 06 Jul 2023 | 7:38 AM IST

Vimeo CEO Anjali Sud to step down; Adam Gross named interim chief

Sud, who was appointed to the position in 2017 after previously serving as general manager and head of marketing, is leaving to pursue a new opportunity, according to the statement

Vimeo CEO Anjali Sud to step down; Adam Gross named interim chief
Updated On : 06 Jul 2023 | 7:27 AM IST

Companies play catch-up as cybersecurity attacks rise in digital India

A breach at Suzuki Motorcycle India forced the company to halt production in May, and India's largest drugmaker said in March a ransomware attack will have an impact on revenue

Companies play catch-up as cybersecurity attacks rise in digital India
Updated On : 06 Jul 2023 | 7:23 AM IST

India Banks: Merger of HDFC Bank with HDFC is a serious makeover

Of the two big changes expected this year, one has just occurred and created a juggernaut bigger than Morgan Stanley

India Banks: Merger of HDFC Bank with HDFC is a serious makeover
Updated On : 06 Jul 2023 | 7:20 AM IST

Instagram unveils Threads app, a serious threat to Elon Musk's Twitter

The app will let users port over their existing follower lists and account names from Instagram, Meta's photo and video-sharing app that counts major creators among its more than 2 bn users

Instagram unveils Threads app, a serious threat to Elon Musk's Twitter
Updated On : 06 Jul 2023 | 7:17 AM IST

India wants to export green hydrogen abroad in bet on demand surge

Although India currently only boasts green-hydrogen research facilities - rather than production capability - PM Modi has set a goal to produce 5 million tons a year by the end of the decade

India wants to export green hydrogen abroad in bet on demand surge
Updated On : 05 Jul 2023 | 11:46 PM IST

India increases credit lending to Africa, in race to counter China

Forty two African nations received about $12 billion or 38% of all credit extended by India in the last decade

India increases credit lending to Africa, in race to counter China
Updated On : 05 Jul 2023 | 11:37 PM IST

Yellen's China visit seeks to usher in more discussions amid tensions

It will be the first major test of a policy she outlined in April that's geared toward defending and securing US national security without trying to hold China back economically

Yellen's China visit seeks to usher in more discussions amid tensions
Updated On : 05 Jul 2023 | 11:26 PM IST

Monday was the hottest day ever as global temperatures rise, shows data

The average worldwide temperature was 17C (63F), just above the previous record of 16.9C reached in August 2016, according to data from the National Centers for Environmental Prediction

Monday was the hottest day ever as global temperatures rise, shows data
Updated On : 05 Jul 2023 | 10:14 AM IST

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project

The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project
Updated On : 05 Jul 2023 | 10:03 AM IST

Hong Kong's reopening brings scant gains for financial hub despite push

Hong Kong, led by former policeman and now Chief Executive John Lee, has been pushing hard to revive the city's reputation with high-level events

Hong Kong's reopening brings scant gains for financial hub despite push
Updated On : 05 Jul 2023 | 9:46 AM IST

Twitter rival Threads hasn't appeared in EU app stores ahead of launch

App stores in some European Union countries, including Germany and Belgium, weren't displaying Threads as of late Tuesday

Twitter rival Threads hasn't appeared in EU app stores ahead of launch
Updated On : 05 Jul 2023 | 9:35 AM IST

Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB

With another hike in interest rates anticipated by the Federal Reserve and the European Central Bank for July, and some peers on a similar track

Central banks set to diverge on rates as stubborn inflation stalks Fed, ECB
Updated On : 05 Jul 2023 | 9:05 AM IST

Xi Jinping urges open supply chains after curbing exports of key metals

The world's No. 2 economy wants to work with nations to reject the moves of setting up barriers, decoupling and severing supply chains," Xi said in a virtual speech

Xi Jinping urges open supply chains after curbing exports of key metals
Updated On : 05 Jul 2023 | 8:53 AM IST