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Bloomberg

Page 447 - Bloomberg

HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value

The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday

HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value
Updated On : 21 Mar 2023 | 10:02 PM IST

Emirates asks India for Open Skies accord amid rising demand, competition

Emirates President urged India to embrace a so-called Open Skies accord with the airline's home country that would give carriers greater access to each other's market, amid rising competition

Emirates asks India for Open Skies accord amid rising demand, competition
Updated On : 21 Mar 2023 | 7:12 PM IST

Credit Suisse crisis likely to make rich Indians wary of wealth managers

"In the past 15 years or so, many multinational financial institutions have come and exited Indian markets and the latest incident was making wealthy investors nervous"

Credit Suisse crisis likely to make rich Indians wary of wealth managers
Updated On : 21 Mar 2023 | 3:04 PM IST

Credit Suisse collapse reveals ugly truths about Switzerland for investors

In the race to secure UBS Group AG's purchase, the govt invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights

Credit Suisse collapse reveals ugly truths about Switzerland for investors
Updated On : 21 Mar 2023 | 10:02 AM IST

New York tops the list of world's most expensive cities for business travel

The US dominated the ranking overall, with Washington DC and San Francisco both making the top five on the leaderboard, while Switzerland chimed in with Geneva and Zurich

New York tops the list of world's most expensive cities for business travel
Updated On : 21 Mar 2023 | 8:52 AM IST

US officials study ways to guarantee all bank deposits if crisis expands

One legal framework under discussion for expanding FDIC insurance would use the Treasury Department's authority to take emergency action and lean on the Exchange Stabilization Fund, the people said

US officials study ways to guarantee all bank deposits if crisis expands
Updated On : 21 Mar 2023 | 8:37 AM IST

Covid report based on China samples puts suspicion back to animal origins

In some samples there was more animal genetic material than human genetic material indicating possible SARS-CoV-2 infections in animals, the report says

Covid report based on China samples puts suspicion back to animal origins
Updated On : 21 Mar 2023 | 8:32 AM IST

Credit Suisse bankers seek new jobs, flood headhunters with calls

"If they aren't going to CSFB they will have to be emigrated into UBS fixed-income, which is a much smaller business than Credit Suisse," a headhunter said in an interview

Credit Suisse bankers seek new jobs, flood headhunters with calls
Updated On : 21 Mar 2023 | 8:25 AM IST

India's steadying economy shows early signs of weakening consumption

Economic expansion may be under pressure as the "full-blown impact" of the Reserve Bank of India's 250 basis point hike in borrowing cost since May gets transmitted to end-consumers, Crisil Ltd., the

India's steadying economy shows early signs of weakening consumption
Updated On : 21 Mar 2023 | 8:22 AM IST

Sir Lanka's world-beating bonds pin hopes on IMF billions: Report

The nation's dollar bonds have returned 20 per cent this year, the top performers

Sir Lanka's world-beating bonds pin hopes on IMF billions: Report
Updated On : 20 Mar 2023 | 11:23 PM IST

US banking turmoil: Wipeout of risky bonds upends $275-billion market

UBS Group AG told Credit Suisse wealth bankers it's weighing financial sweeteners for them to stay as it seeks to reassure key staff following the takeover

US banking turmoil: Wipeout of risky bonds upends $275-billion market
Updated On : 20 Mar 2023 | 11:17 PM IST

Putin tells Xi Jinping: Will discuss China's peace proposals for Ukraine

The trip to Moscow marks Xi's most ambitious attempt yet to play the role of peacemaker as he seeks to broker an end to Russia's war in Ukraine

Putin tells Xi Jinping: Will discuss China's peace proposals for Ukraine
Updated On : 20 Mar 2023 | 11:01 PM IST

All social media platforms have TikTok-like risks, says transparency group

All of these platforms have "force-fed children dangerous and harmful content with predatory algorithms, said the group

All social media platforms have TikTok-like risks, says transparency group
Updated On : 20 Mar 2023 | 10:56 PM IST

Air India confident on funding for world's biggest aircraft deal

With the fleet expansion, Air India is seeking to take on the likes of Emirates and Qatar Airways, which dominate lucrative routes from India to the US and Europe through their hubs in Doha and Dubai

Air India confident on funding for world's biggest aircraft deal
Updated On : 20 Mar 2023 | 10:44 PM IST

New Starbucks CEO Laxman Narasimhan takes reins early from Howard Schultz

Narasimhan, 55, has also joined the company's board of directors, Starbucks said in a statement

New Starbucks CEO Laxman Narasimhan takes reins early from Howard Schultz
Updated On : 20 Mar 2023 | 8:14 PM IST

India to splurge $12 bn on airports in next two years as travel rebounds

The world's fastest-growing aviation market aims to boost the number of airports to 220 by 2025 from the current 148, for which private builders will invest about $9 billion

India to splurge $12 bn on airports in next two years as travel rebounds
Updated On : 20 Mar 2023 | 10:38 AM IST

Credit Suisse's 9,000 job cuts are foretaste of UBS takeover amid crisis

The merger creates significant overlaps. The two lenders together employed almost 125,000 people at the end of last year, with about 30% of the total in Switzerland

Credit Suisse's 9,000 job cuts are foretaste of UBS takeover amid crisis
Updated On : 20 Mar 2023 | 8:45 AM IST

Taiwan's chip exports sputter on US-China tensions, falling demand

The total amount of semiconductors Taiwan shipped worldwide declined 17.3% last month from a year ago

Taiwan's chip exports sputter on US-China tensions, falling demand
Updated On : 20 Mar 2023 | 8:41 AM IST

Credit Suisse tells staff bonuses will still be paid amid UBS takeover

There will be no changes to payroll arrangements and bonuses will still be paid on March 24, Credit Suisse said in an internal memo to staff

Credit Suisse tells staff bonuses will still be paid amid UBS takeover
Updated On : 20 Mar 2023 | 8:32 AM IST

ADP, GMR Airports infrastructure to merge joint venture with GMR

ADP and GMR Airports Infrastructure own 49% and 51%, respectively, of the unlisted GMR Airports Ltd., according to a statement Sunday from the French company

ADP, GMR Airports infrastructure to merge joint venture with GMR
Updated On : 20 Mar 2023 | 8:15 AM IST