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KKR seeks advisers to sell stake in Avendus Capital, says report

The private equity titan is close to appointing two banks to manage the formal process for the transaction, the people said, asking not to be named as the information is not public

Disney films series on 'Mahabharata' to gain stronger foothold in India

"Mythology has always been one of the most popular genres on Indian television," said Mihir Shah, the Mumbai-based vice president at consultancy Media Partners Asia.

How a startup in Pakistan folded just a year after raising $85 million

Airlift started by operating vans and small buses used by office workers and students. When that business slowed during the pandemic, the company pivoted to quick commerce

Investors left empty-handed in IndiGo block trade due to slippage

None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage

India likely to offer $2.5 billion lifeline to cost-hit oil companies

The three biggest state-run retailers, which together supply more than 90% of India's petroleum fuels, have suffered the worst quarterly losses in years by absorbing record international crude prices

Govt plans Rs 20,000-cr aid to oil firms hit by soaring costs: Report

The oil ministry has sought a compensation of Rs 28,000 cr, but the finance ministry is agreeing to only about a Rs 20,000-cr cash payout, say sources

Putin will love seeing lots of western Europeans protest this fall

This fall, civil unrest is likely to heat up in 101 countries (out of 198 monitored), according to an index developed by Verisk Maplecroft, a research firm

Russian defenses crumble as Ukrainian forces retake key territory

Russia's Defense Minstry on Sunday published a map showing much of the country's forces out of the Kharkiv region, without commenting further

Retail prices may continue to remain elevated even as wholesale prices ease

With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit

Bailout euphoria by IMF signals peak of pessimism in emerging markets

The IMF has been sewing up or inching toward loan agreements with some of the most vulnerable nations -- namely Pakistan, Sri Lanka, Zambia, Egypt and Chile -- after months of negotiations

Global recovery is sending flares as manufacturing takes a hit in Asia

All the attention devoted to inflation slaying is muting some disturbing signs on the growth side of the equation

An $83 billion investor stampede shows scale of Europe's woes

Europe's woes have grown particularly acute in recent months as the region stares down the threat of a recession just as its central bank embarks on an aggressive campaign to tame inflation

Emmanuel Macron urges Putin to remove weapons from around nuclear plant

The pair spoke after the last operating unit at the Russian-occupied facility was shut safely -- dialing back, for now, the "precarious" danger level cited on Friday by the UN's atomic agency

Yellen says no strong labour market in long run if inflation stays high

"The Fed is going to need great skill and also some good luck to achieve what we sometimes call a soft landing," Yellen said Sunday in an interview on CNN's "State of the Union"

US President Biden vows vigilance against new threats in speech on 9/11

"We'll continue to monitor and disrupt those terrorist activities wherever we find them, wherever they live, and we'll never hesitate to do what's necessary to defend the American people," Biden said

Reliance Infra files Rs 13,400-cr claim in power deal with Adani

Reliance cited a breach in the terms of a December 2017 agreement, and filed its statement of claim before the Mumbai Centre for International Arbitration

Queen Elizabeth II was known around the world but still a royal mystery

Millions paid attention when she spoke and, crucially for a job that often was more significant in its silences, what she embodied

Long Covid costing Australia's economy $3.6 bn annually, says report

Australia has announced a parliamentary inquiry into long Covid, with the aim of developing a clear definition of the illness and gauging the scale of its impact on the country's 26 million people

India opts out of trade talks with a US-led group of Asian nations

Known as IPEF, the initiative is an effort by President Joe Biden's administration to deepen ties with Asian nations through a range of issues including trade, climate change, supply chains and tax

$7 mn whistleblower deal another reason to drop Twitter purchase: Elon Musk

Musk is trying to terminate his acquisition of Twitter after claiming the platform misled him and investors about the number of spam and bot accounts among its more than 230 million users