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Rajapaksas eye return to power as Sri Lanka readies for prez poll tomorrow

At stake is the stability of a nation that has increasing strategic importance due in part to its proximity to some of the world's most important sea lines

Why delivering a big bang package of reforms is doable for Modi govt

The important thing is to signal to the market that the government is serious and ambitious.

Experience speaks: How startups like Uber, Airbnb master art of business

The companies are armed with centralized knowledge and act consistently based on those experiences.

After biggest quarterly loss, Vodafone Idea seeks AGR relief from govt

The finance ministry won't back down from collecting the amount, which needs to be paid within three months as per the court order

Former Uber team launches 'virtual kitchen' to take on Travis Kalanick's

A new startup called Virtual Kitchen plans to announce a $15 million investment and an expansion

Investors pour over $1 bn into emerging-market ETFs for a second week

The MSCI EM index has gained as much as 9 per cent since October 1, only to give up some of its gains over the past few sessions

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

Norway wealth fund drops G4S Plc over Qatar migrant-worker abuses

Norway's wealth fund, the world's biggest of its kind, is managed according to a set of ethical principles

To meet fiscal deficit target, govt may pare its IOC stake to under 51%

The government can sell as much as 26.4% its holding in Indian Oil -- valued at about Rs 330 billion -- and still retain indirect control

Moody's cuts Mumbai Trump Tower builder's rating over debt obligation

Macrotech Developers, earlier known as Lodha Developers, has been cut by one step to Caa1.

Hacker wants $5 mn ransom by Nov-end to solve Pemex cyberattack problems

Pemex has other ideas, saying it won't pay the ransom and hopes to solve the cyberattack problem today

Biggest drop in power demand makes Indian banks' bad debt headache worse

Banks had about Rs 1.8 trillion ($25 billion) of stressed loans to India's coal-fired power generators as of last year

How Alibaba founder Jack Ma is ripping a $12 trillion stock market

On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record

Experts see dip in palm oil imports from one-year high as prices jump

The first decline in three months of growing purchases by India, the world's biggest importer, may boost inventories in top producers Indonesia and Malaysia

Crisis no hindrance for yield-hungry global financiers to Indian NBFCs

The top-rated non-banking financing companies are able to get loans in the domestic market as well, but they are finding that borrowing costs are often lower overseas

Trump says he will discuss $100-billion trade deal with Turkey's Erdogan

US lawmakers in both parties had urged Trump not to host the Turkish leader at the White House following the offensive, which targeted American Kurdish allies who helped to defeat Islamic State

Google's Citi tie-up for current accounts: Deeper push for financial data?

Google has spent years building out its payments capabilities, offering consumers the ability to send money to friends

Retro tax to AGR, telecom cash grab imperils foreign investment into India

The fund-starved government expects operators to cough up more at 5G auctions next year. How long can the Birla boss hang in?

Nita Ambani named to the board of New York-based Metropolitan Museum of Art

Nita Ambani, 57, was elected to become an honorary trustee of the museum, according to the statement.

Soon, the burden of dividend tax may shift from companies to investors

The budget statement due February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays the levy