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Several of Adani's dollar bonds fell most in over six months on US probe

US investigators are digging into whether an Adani entity, or people linked to company including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

Several of Adani's dollar bonds fell most in over six months on US probe
Updated On : 18 Mar 2024 | 10:08 AM IST

Offshore wind's next big problem: Not enough ships, says report

As governments green their economies and utilities retire fossil-fuel power stations, wind installations are emerging as one of the most popular forms of alternative energy

Offshore wind's next big problem: Not enough ships, says report
Updated On : 18 Mar 2024 | 12:08 AM IST

Saudi Arabia's sovereign wealth fund in talks to buy national airline

The PIF would be taking over ownership of the airline from the government with a view to improving efficiency and profitability

Saudi Arabia's sovereign wealth fund in talks to buy national airline
Updated On : 17 Mar 2024 | 11:13 PM IST

Boeing's pain spreads to travelers as airlines cut back on plans

Airbus, Boeing's main competitor, is largely sold out through the end of this decade, so there isn't an obvious place for airlines to turn

Boeing's pain spreads to travelers as airlines cut back on plans
Updated On : 17 Mar 2024 | 11:06 PM IST

Tech hub Bengaluru faces severe water shortages as summer approaches

About 7,000 borewells have dried but authorities are making other arrangements, Karnataka Deputy Chief Minister D.K. Shivakumar said last week, adding there is no crisis

Tech hub Bengaluru faces severe water shortages as summer approaches
Updated On : 17 Mar 2024 | 12:18 PM IST

US polls: Trump threatens 100% tariffs on Mexican-made cars by China firms

Trump addressed Chinese President Xi Jinping directly during a rally speech in Dayton, Ohio on Saturday when threatening the tariffs

US polls: Trump threatens 100% tariffs on Mexican-made cars by China firms
Updated On : 17 Mar 2024 | 7:51 AM IST

Meltdown in India's smaller stocks seen luring dip buyers to market

Bulls say the blowout returns in smaller companies stem from robust corporate profit growth in recent years

Meltdown in India's smaller stocks seen luring dip buyers to market
Updated On : 16 Mar 2024 | 8:13 AM IST

China's bank loans expanded at the slowest pace on record in February

The stock of aggregate financing - a broad measure of credit - expanded just 9%, also near a record low

China's bank loans expanded at the slowest pace on record in February
Updated On : 16 Mar 2024 | 12:30 AM IST

US prosecutors probing Gautam Adani and his group over potential bribery

The DOJ probe hasn't stopped Washington from working with Adani Group entities

US prosecutors probing Gautam Adani and his group over potential bribery
Updated On : 15 Mar 2024 | 11:47 PM IST

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l

KKR could seek a valuation of about $1 billion for its majority stake, the people said

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l
Updated On : 15 Mar 2024 | 11:12 PM IST

Hiding monetary exchange between capital & politics unhealthy for democracy

SBI, the institution that operated the six-year-old election funding mechanism, knows very well which political parties got money from whom in accounts specially opened for the purpose

Hiding monetary exchange between capital & politics unhealthy for democracy
Updated On : 15 Mar 2024 | 9:04 AM IST

Nippon Steel defends US deal after Joe Biden comes out against bid

Japan's largest steel company repeated its previous offer of an additional $1.4 billion in investment, and promised no layoffs or plant closures until at least September 2026

Nippon Steel defends US deal after Joe Biden comes out against bid
Updated On : 15 Mar 2024 | 7:49 AM IST

Byju's must freeze $533 million in mixed win for lenders, says judge

Dorsey's order was aimed at Riju Ravindran, one of the company's directors and the brother of founder Byju Raveendran

Byju's must freeze $533 million in mixed win for lenders, says judge
Updated On : 15 Mar 2024 | 7:47 AM IST

Despite grounds for optimism, India economy is yet to hit high-growth phase

India's macroeconomic stability is impressive compared to many of its peers

Despite grounds for optimism, India economy is yet to hit high-growth phase
Updated On : 15 Mar 2024 | 7:43 AM IST

Indian bankers to get higher salary hikes than Singapore, Hong Kong

Salaries in India could rise by 10% in 2024, analyst Sarah Jane Mahmud wrote in a note Friday, citing survey data from consulting firm Aon

Indian bankers to get higher salary hikes than Singapore, Hong Kong
Updated On : 15 Mar 2024 | 7:35 AM IST

Adani's $2 bn Mumbai airport seeks to transform India into transit hub

Adani Group's $2.1 billion project in the satellite city of Navi Mumbai is a microcosm of the massive infrastructure overhaul underway in India as its PM Narendra Modi seeks to outrun China

Adani's $2 bn Mumbai airport seeks to transform India into transit hub
Updated On : 15 Mar 2024 | 7:30 AM IST

US Steel should remain American owned and operated, says President Biden

US Steel shares retreated in early trading, after plunging 13% on Wednesday when news first broke that Biden would express concern about the deal

US Steel should remain American owned and operated, says President Biden
Updated On : 15 Mar 2024 | 12:16 AM IST

Tata Group considering buying Walt Disney's minority stake in TV Platform

The companies are in preliminary talks about an acquisition of Disney's significant minority stake, which would value Tata Play at about $1 billion or more, the people said

Tata Group considering buying Walt Disney's minority stake in TV Platform
Updated On : 15 Mar 2024 | 12:10 AM IST

Russia goes to presidential polls with war economy lifting living standards

Wages have soared by double digits, the ruble has stabilized, and poverty and unemployment are at record lows

Russia goes to presidential polls with war economy lifting living standards
Updated On : 15 Mar 2024 | 12:08 AM IST

India plans economic data improvements, long-delayed population census

The Statistics Ministry has made a number of proposals that have been discussed by Prime Minister Narendra Modi's office in the past month, the people said

India plans economic data improvements, long-delayed population census
Updated On : 14 Mar 2024 | 1:38 PM IST