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Harvard in talks to sell $1 billion in private equity amid financial strain

Harvard Management Co., managing the largest fund in US higher education, is collaborating with Jefferies Financial Group to sell the portfolio to Lexington Partners in a secondaries transaction

How American accents, artificial intelligence can save India's outsourcing

A softening of accents could help many young people who may not be otherwise considered for international call-center jobs

Trump tariffs to hit low-income Americans harder than richest: Report

Those making $28,600 or less would have to spend 6.2% more of their income due to higher prices, while the richest Americans with income of at least $914,900 are expected to spend 1.7%

UBS drops long-held bearish view on Indian market, downgrades Hong Kong

The brokerage is becoming more optimistic on the South Asian market amid a growing preference for defensive and domestically-oriented shares

Indian IT firms use AI to drive sales growth with fewer new hires

HCL Technologies Ltd. and LTIMindtree Ltd. are among companies saying they need fewer new staff to keep revenue increasing

NaBFID plans $2 billion overseas fundraise via loans, bonds in FY25

Global banks are now in discussions with NaBFID to iron out contours of the borrowing

Databricks to hire hundreds, invest $250 mn in India to boost AI push

The San Francisco-based firm, one of the world's most valuable privately held tech companies, will increase its India headcount by more than 50 per cent to about 750 by the end of the fiscal year

Harvard seeks speedy resolution of lawsuit over Trump's funding cuts

Harvard filed the lawsuit after the White House froze $2.2 billion in research grants on 14 April over its refusal to change policies on governance, discipline, hiring and admissions

Dozen US states sue Trump administration over tariffs, trade policy

The suit, filed in the US Court of International Trade in Manhattan, argues that Congress didn't grant Trump the necessary authority to impose the tariffs

Hackers use Japanese brokerage a/cs in $700 mn global stock manipulation

he scams typically use the hacked accounts to buy thinly traded stocks both domestically and overseas, allowing anyone who has built up a position earlier to cash out at inflated values

Raising millionaire tax would push the wealthy to leave US: Donald Trump

Trump's remarks are likely to pour cold water on discussions about creating a new 40 per cent tax bracket for people earning $1 million or more

Adani Airport unit seeks $750 million loan from international banks

Adani Airport Holdings Ltd. manages seven major airports across India and is nearing the launch of a new $2 billion international hub on the outskirts of Mumbai

Tesla's Q1 slump sees Musk shifting focus, but challenges loom for company

The bigger problem is that Tesla's ageing vehicle lineup has collided with increasing competition, something that Musk's DOGE duties compounded but did not create

Xiaomi postpones release of first SUV following fatal road accident

The delay sets back Xiaomi's $10 billion EV project, which billionaire co-founder and Chairman Lei Jun has described as his last startup endeavor

Trump signals cutting China tariffs 'substantially' if trade deal reached

China hasn't officially responded to Trump's pledge to play "nice" but the media outlet Cailian called it "a sign that Trump is already softening stance on his signature tariff policies"

Intel to announce plans to cut over 20% of staff to streamline management

The cutbacks follow an effort last year to slash about 15,000 jobs - a round of layoffs announced in August. Intel had 108,900 employees at the end of 2024, down from 124,800 the previous year

US govt will work with food makers to stop use of artificial dyes

Food and Drug Administration Commissioner Marty Makary said Tuesday that the agency would work with the industry to eliminate six synthetic dyes by the end of 2026

Saudi Arabia, India to deepen energy ties, to set up two oil refineries

An accord was reached to establish two oil refineries in India through a joint venture between the countries, India's Ambassador to Saudi Arabia Suhel Ajaz Khan said in a briefing

In China's backyard, steel buyer Vietnam tries to stem tide of cheap metal

Vietnam's metal industry has grown to meet the needs of a country that is rapidly building out manufacturing capacity, metro networks, highways and new airports, along with most of Southeast Asia

Why Asia may embrace Donald Trump's trade plan-if it cuts out China

Faced with Chinese overcapacity and unfair trade, several Asian economies are cautiously eyeing Trump's anti-China trade coalition-if the terms fit their industrial goals