Bloomberg
Bloomberg
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Last-minute moon mission glitch sets India back in global space race
It may take several months for India to be able to attempt a launch again, said Susmita Mohanty, co-founder and chief executive officer of Earth2Orbit
 "Last-minute moon mission glitch sets India back in global space race")
The car industry is actually reinventing the wheel to keep up with robocars
Yet it's more than just tires that are being changed. Auto firms are putting semiconductors and sensors inside headlights, glass and seats to make them as intelligent as the cars driving themselves
 "The car industry is actually reinventing the wheel to keep up with robocars")
Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk
A dispute between the founders of one of Asia's biggest budget carriers is deepening
 "Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk")
India, Russia find way to skirt US threat of sanctions on arms deals
The arrangement would enable India to pay the first installment soon for two warships that Russia is building for its navy, said sources
 "India, Russia find way to skirt US threat of sanctions on arms deals")
Suzlon pins hopes on Brookfield deal for bond payback as investors wait
Suzlon Energy Ltd., which became India's biggest convertible note defaulter when it missed payments in 2012, must repay $172 million outstanding on such securities that were issued as part of a debt
 "Suzlon pins hopes on Brookfield deal for bond payback as investors wait")
Govt mulls spinning off GAIL's gas pipeline business into a separate unit
The plan to carve the pipelines business into a fully-owned unit will bring greater transparency between the two businesses and may allow govt to sell shares at a later date
 "Govt mulls spinning off GAIL's gas pipeline business into a separate unit")
Why wealth concentration in the hands of richest 1% may not be a bad thing
Inequality between the very richest and the rest correlates with greater innovation. But we mustn't let the top level become a closed shop
 "Why wealth concentration in the hands of richest 1% may not be a bad thing")
Hong Kong millionaires moving cash to Singapore as political crisis lingers
Hong Kong police arrested more than 40 people after attempts to clear the remnants of a mass anti-government march resulted in clashes with demonstrators on Sunday
 "Hong Kong millionaires moving cash to Singapore as political crisis lingers")
Cold currency war between major trading blocs flaring up again, says Pimco
Major central banks may not be the only ones in the cold currency war, according to Fels, who noted expectations for lower rates in South Korea, Indonesia, Chile and South Africa this week
 "Cold currency war between major trading blocs flaring up again, says Pimco")
After China, Nike supplier Eclat to exit Vietnam as trade war heats up
The company instead will invest in new facilities in Southeast Asian nations such as Indonesia or Cambodia
 "After China, Nike supplier Eclat to exit Vietnam as trade war heats up")
The multitrillion-dollar black hole engulfing the world's bond markets
Brexit will keep driving investors into the safest assets, meaning demand will remain high for negative-yielding debt
 "The multitrillion-dollar black hole engulfing the world's bond markets")
Hong Kong turmoil has millionaires eyeing other wealth havens
Investors are concerned about Beijing's growing reach in Hong Kong
 "Hong Kong turmoil has millionaires eyeing other wealth havens")
Just a tap on the wrist? Facebook $5-bn privacy settlement approved by FTC
Although details of the settlement with the US Federal Trade Commission weren't announced, the fine is steep but far from devastating for Facebook.
 "Just a tap on the wrist? Facebook $5-bn privacy settlement approved by FTC")
Emami to pick Arpwood, Credit Suisse to manage cement unit sale: Sources
The bankers will start reaching out to prospective buyers for Emami Cement Ltd., seeking a valuation of about $1 billion
 "Emami to pick Arpwood, Credit Suisse to manage cement unit sale: Sources")
India's overseas debt plan fraught with risk and no real benefit: Rajan
A global bond sale won't reduce the amount of domestic government bonds the local market has to absorb, says Raghuram Rajan
 "India's overseas debt plan fraught with risk and no real benefit: Rajan")
The world's biggest diamond mine is closing after almost four decades
Argyle is best known as the source of about 90% of the world's prized pink diamonds
 "The world's biggest diamond mine is closing after almost four decades")
How Zara's $70-polka dot dress beat big data to be fashion hit of summer
It starts with Zara's army of store managers, who communicate what's selling and what trends are emerging to the commercial team within Inditex's sprawling head office
 "How Zara's $70-polka dot dress beat big data to be fashion hit of summer")
American experience suggests that an educated workforce may be overrated
This isn't to belittle the value of higher education; a tight labour market won't reduce the need for degrees for engineers or lawyers
 "American experience suggests that an educated workforce may be overrated")
How regulators, agencies are hurting India's war on $190-billion bad loans
Here are some instances of government agencies' tussles with the process
 "How regulators, agencies are hurting India's war on $190-billion bad loans")
China can create its own Goldman Sachs, if Beijing curbs its instincts
Chinese brokerages are relatively unsophisticated beside their Wall Street rivals, focusing mostly on equities trading
 "China can create its own Goldman Sachs, if Beijing curbs its instincts")