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Govt open to resolve $3.9 billion tax dispute with Infosys, says report

Authorities are exploring options to settle with companies including Infosys, which last month got hit by a demand for Rs 32,403 crore ($3.9 billion) in back taxes dating back to 2017

Gautam Adani planning to revamp family offices, hire auditors and CEO

The moves aim to bring transparency in how the wealth of Asia's second-richest person, valued at $105.4 billion

Xiaomi will swallow EV losses for now to join Tesla, BYD in big leagues

We're more focused on our growth than profitability at this point, said Lam, a trained engineer and former Credit Suisse banker who orchestrated some of Xiaomi's biggest bets

Elon Musk's X drew capital from Silicon Valley elites, global funds

Court filing, which a judge ordered unsealed as part of lawsuit brought by former Twitter employees, lists scores of shareholders but doesn't offer a breakdown nor delve into latest details of stakes

Budget carrier AirAsia gets $443 mn private funding, may refurbish planes

AirAsia's deal is another instance of the growing popularity of private credit in Asia that is fast becoming a serious rival to mainstream lending by offering higher, floating rates of return

PwC expects Chinese govt to hand down six-month ban for Evergrande audit

PwC has been under the spotlight after China launched one of the biggest investigations of financial fraud in history

Jeff Bezos' Blue Origin suffers fiery setback building new rocket

The previously unreported incidents illustrate the hurdles Blue Origin is grappling with while ramping up production of New Glenn

India needs more than just protests to change attitudes towards rape

The brutal act that prompted the marches was the rape and murder of a 31-year-old trainee doctor on Aug. 9 at a government hospital in Kolkata

Kamala Harris had more donors in 11 days than Biden did over entire run

The surge in donors resulted in $201 million in individual contributions for her campaign and the Democratic Party over that period, according to the latest Federal Election Commission data

US elections: Walz leads Democratic rising stars targeting Trump during DNC

Headlining that effort will be vice presidential nominee Tim Walz, whose plainspoken brand of politics - including labeling Trump and other Republicans as weird

Mpox risks heighten with mosaic of infection patterns in Central Africa

Diagnostic testing is insufficient in central Africa, investigators say, as is the sophisticated genomic sequencing that helped scientists map and understand the spread of Covid-19 within communities

Low tax is India's lure as green debt misses nation's sovereign bond boom

The nation will allow the trading of sovereign green debt from its newest finance hub in Prime Minister Narendra Modi's home state of Gujarat by March

DMI Finance set to raise funds from MUFG at $3 billion valuation

DMI Finance plans to use the capital to expand its balance sheet, co-founder said

AI tech giants hide dirty energy with outdated carbon accounting rules

Recently Microsoft reported that its emissions are 30% higher today than in 2020, when it set a goal to become carbon negative

Cholamandalam to raise Rs 1,000 cr by selling largest private perp bond

The note, which doesn't have a maturity date, is being arranged by Axis Bank Ltd. and carries a coupon of 9.50 per cent, according to people familiar with matter

Nvidia stock eyes return to record as investment in AI space continues

Companies are pouring tens of billions of dollars into building out AI infrastructure and services, making the beneficiaries close to a sure thing in terms of their growth prospects

Fed chief Powell confronts policy crossroads with all eyes on Jackson Hole

The hotly anticipated speech at the Fed's annual gathering in Jackson Hole, Wyoming, comes at a high stakes moment for the US central bank and the $27 trillion Treasury market

HDFC Bank taps retail bankers as wealth managers amid talent crunch

Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns

Southeast Asia's solar industry boom threatened by US-China trade tensions

Chinese firms that set up factories there over the last decade are now being accused of skirting US import levies on their home market

Africa's mpox vaccine plan aims to avoid repeat of Covid-19 pandemic errors

It was a similar story during the Covid-19 pandemic. When those shots first became available, Africa found itself at the back of the queue