Page 271 - Bloomberg/reuters

Govt eyes Rs 1 trillion in dividend from RBI to meet budget deficit target

A big surplus transfer will help the government in meeting any shortfall in disinvestment receipts and create room for funding welfare programmes after the elections

Byju's Director Riju Raveendran 'not truthful' on missing $533 mn: US judge

The decision was a symbolic victory for lenders, represented by their agent, Glas Trust, and likely puts only limited pressure on Ravindran to cooperate in order to avoid financial penalties

Govt asks state-run oil refiners, RIL to jointly negotiate Russia oil deal

Reliance is unlikely to share sensitive information with the state oil refiners given they're competitors in the domestic fuel market

Khamenei's confidant Mokhber takes key role in Iran as succession looms

What happens next is unclear. The election that will have to take place by July may well include Mokhber on the ballot sheet to replace Raisi on a permanent basis

Apple fights 1.8 billion euro EU antitrust fine for restrictions on Spotify

The EU's crackdown on Apple also included an order to stop preventing music-streaming apps from informing users of cheaper deals away from its App Store

Govt likely to cut bond sales aided by higher cash balance: Officials

The yield on benchmark 10-year bond was little changed at 7.09 per cent on Tuesday

US presidential polls: Trump overtakes Biden in fundraising for first time

Trump's fundraising boost comes on the heels of attending several high-dollar fundraisers, including a Palm Beach event hosted by billionaire John Paulson

Big IPOs seen making a comeback in India after boom in smaller offerings

A flurry of small deals has made India one of Asia's busiest IPO markets this year. Bigger share sales brighten the nation's chances of attracting global funds as investors rotate money

Every new hire will get training for AI, says JPMorgan amid technology boom

JPMorgan sees the emerging technology as worth between $1 billion and $1.5 billion, President Daniel Pinto said at the event

Succession plans at JPMorgan Chase well on the way: CEO Jamie Dimon

Earlier this year - about halfway through Dimon's five-year retention package - the 68-year-old CEO moved some of his top lieutenants into new senior roles

Partnership with Dell key in company's push to expand AI: Nvidia CEO Huang

Nvidia's expansion plan hinges on getting agencies and businesses to develop their own AI capabilities, spurring demand for its products

Tesla's shareholder group slams CEO Elon Musk's $56 billion pay package

Musk's decision to buy Twitter, now called X, has also played a material role in Tesla's underperformance. Additionally, the group raised concerns in Monday's letter about Tesla's lagging sales

Microsoft's new AI computers will revive PC-Mac rivalry: CEO Nadella

Microsoft is leveraging its relationship with leading AI startup OpenAI to forge an early lead in the burgeoning field of generative AI services. But the partnership has come under regulatory scrutiny

GSK faces lawsuit from lab that found probable carcinogen in Zantac

Big drugmakers already face some 80,000 state suits from users of the drug who say their cancers were caused by Zantac contaminated with NDMA, the dangerous chemical Valisure discovered

DB Investment Partners beefs up Asia team, cites region's growth potential

DB Investment sees some of the best Asian opportunities in areas such as healthcare, digital infrastructure, and energy transition, Meghji said

Google targets Microsoft's public cyber failures in bid to steal customers

Google also released a white paper Monday highlighting its rival's security lapses, and is considering launching similarly-themed social-media and advertising campaigns

India must create 115 mn jobs by 2030 as more people enter workforce: Study

"To achieve this herculean task, India's growth engine needs to fire on all cylinders, from manufacturing to services in the next five years," research note read

India's inclusion in global bond index not enough to lift rating: Moody's

De Guzman's comments mirror global investors' generally bullish outlook on the country that's been layered with notes of caution about macroeconomic challenges

Iranian President's Raisi death leaves Khamenei's succession in focus

His death, along with that of Foreign Minister Hossein Amirabdollahian, was announced by state media early on Monday after rescuers spent hours trying to locate and reach the accident site

'No sign of life' at crash site of helicopter carrying Iran's Raisi, others

Raisi, an ultraconservative cleric in his 60s who won Iran's presidential election in 2021, has been seen as a favourite to eventually succeed Supreme Leader Ayatollah Ali Khamenei