Page 763 - Bloomberg

Rescuing India's PSU behemoths coming at the cost of fiscal restraint

Modi has received more than $28 billion from state firms since he came to power in 2014, by extracting dividends or getting PSUs to buy out the government's stake

The big Diwali shopping season wasn't all that big this year, says BofAML

The report said about 70 per cent of retailers suggested revenues were lower year-on-year

No relief in sight for telcos: Govt may not waive $13-billion AGR dues

The government's stand about the health of the industry mirrors comments made by billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd., which has said it has a 'divergent view' from its rivals

Google enters wearables space; acquires Fitbit for $2.1-bn in all-cash deal

Google could also combine the company with the smartwatch technology it bought from Fossil Group earlier this year to help it design new products

Google, Walmart drive UPI payments past 1-billion transaction mark in Oct

Amazon and Google now vie with local start-up Paytm, Walmart-PhonePe and a host of other players in a digital payments market forecast to quintuple to $1 trillion by 2023.

FII buying and economic revival hope help Sensex log third weekly high

Eighteen out of 27 Nifty companies that have reported quarterly earnings so far this season have beaten or matched the average analyst expectations

Jaguar Land Rover bond risk falls most on record as China sales revive

JLR's retail sales in China grew at double digits for the three months through September as new product launches boosted sales

'Don't Trust HR': Huawei faces worker backlash over extreme hours

Huawei Technologies Co.'s overtime culture is biting back

Aramco: The world's most profitable company that pays surprisingly little

Even when taking into account the tax regime and other perks, the numbers are hardly staggering compared with the grand plan for the company.

India is running its telecom companies aground to fill a budget hole

High fees, frequent policy flip-flops, endless tax demands from an unsympathetic bureaucracy that treated carriers as cash cows have driven most telecom operators aground.

Boeing faces fresh crisis as Qantas grounds three 737 jets with cracks

The US Federal Aviation Administration last month ordered urgent checks on next-generation 737s that have carried out more than 30,000 flights

Donald Trump says Americans are 'very disappointed' after Fed rate cut

Fed officials reduced interest rates by a quarter-percentage point Wednesday and signaled a pause in further cuts unless the economic outlook changes materially

'We have to stop RCEP': Farmers plan nationwide protest against trade deal

The All India Kisan Sangharsh Coordination Committee said that they will burn effigies depicting the China-backed Regional Comprehensive Economic Partnership or RCEP, to mark their protest

Yes Bank gets $1.2 bn binding offer from a global investor for a stake sale

The Mumbai-based lender jumped 24% at the 3:30 p.m. close in Mumbai on Thursday following the announcement

Life and death for firms: Can Hong Kong's plummeting economy rebound?

The Hong Kong government has announced relief packages this year, but for most struggling businesses the best cure would be an end to the protests

IndiGo shares gain most since 2016 on $30-bn Airbus aircraft order

The stock is still below a record high of 1,898.85 rupees ($26.76) hit on Sept. 30, after slipping through October

India to invest Rs 1 trillion in setting up 100 new airports by 2024

The government has committed investments of Rs 1 trillion to build airports in the next 5 years.

Sensex reclaims 40k on tax rejig buzz, global cues; Nifty ends at 11,844

Experts said the reduction in corporation tax has helped revival of corporate earnings.

Apple eyes return to growth path next year, aims to ship 200 mn iPhones

iPhone remains Apple's most visible and profitable product and new devices will also drive adoption of Apple's services and applications

What will this rich and secretive Dutch family do with $4 billion more?

Even as the family avoids the limelight, its fortune has continued to grow