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Bloomberg

Page 790 - Bloomberg/reuters

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

Rescuing India's PSU behemoths coming at the cost of fiscal restraint
Updated On : 04 Dec 2019 | 8:02 PM IST

India will be the world's fastest-growing market over 20 yrs: Boeing

SpiceJet Ltd., which has as many as 205 737 Max jets on order, has said it may buy at least 100 Airbus planes worth more than $10 billion

India will be the world's fastest-growing market over 20 yrs: Boeing
Updated On : 06 Nov 2019 | 1:48 PM IST

New challenge to economy: Lenders not passing on rate cuts to customers

A decision to announce a fresh stimulus could be a tough one for the government, after its budget deficit topped 90% of its full-year goal

New challenge to economy: Lenders not passing on rate cuts to customers
Updated On : 06 Nov 2019 | 1:37 PM IST

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

The big Diwali shopping season wasn't all that big this year, says BofAML
Updated On : 06 Nov 2019 | 11:55 AM IST

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

No relief in sight for telcos: Govt may not waive $13-billion AGR dues
Updated On : 06 Nov 2019 | 10:46 AM IST

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 enters wearables space; acquires Fitbit for $2.1-bn in all-cash deal
Updated On : 02 Nov 2019 | 3:47 AM IST

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.

Google, Walmart drive UPI payments past 1-billion transaction mark in Oct
Updated On : 01 Nov 2019 | 11:19 PM IST

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

FII buying and economic revival hope help Sensex log third weekly high
Updated On : 01 Nov 2019 | 10:18 PM IST

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

Jaguar Land Rover bond risk falls most on record as China sales revive
Updated On : 01 Nov 2019 | 9:24 PM IST

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

Huawei Technologies Co.'s overtime culture is biting back

'Don't Trust HR': Huawei faces worker backlash over extreme hours
Updated On : 01 Nov 2019 | 1:03 PM IST

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.

Aramco: The world's most profitable company that pays surprisingly little
Updated On : 01 Nov 2019 | 12:07 PM IST

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.

India is running its telecom companies aground to fill a budget hole
Updated On : 01 Nov 2019 | 9:25 AM IST

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

Boeing faces fresh crisis as Qantas grounds three 737 jets with cracks
Updated On : 01 Nov 2019 | 8:09 AM IST

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

Donald Trump says Americans are 'very disappointed' after Fed rate cut
Updated On : 01 Nov 2019 | 7:27 AM IST

'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

'We have to stop RCEP': Farmers plan nationwide protest against trade deal
Updated On : 31 Oct 2019 | 9:58 PM IST

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

Yes Bank gets $1.2 bn binding offer from a global investor for a stake sale
Updated On : 31 Oct 2019 | 5:23 PM IST

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

Life and death for firms: Can Hong Kong's plummeting economy rebound?
Updated On : 31 Oct 2019 | 8:23 AM IST

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

IndiGo shares gain most since 2016 on $30-bn Airbus aircraft order
Updated On : 31 Oct 2019 | 12:58 AM IST

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.

India to invest Rs 1 trillion in setting up 100 new airports by 2024
Updated On : 31 Oct 2019 | 12:30 AM IST

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.

Sensex reclaims 40k on tax rejig buzz, global cues; Nifty ends at 11,844
Updated On : 31 Oct 2019 | 12:26 AM IST