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Gangwal, The Chinkerpoo Family Trust may sell ₹7,000 crore stake in IndiGo

Proceeds of the offering by Rakesh Gangwal and The Chinkerpoo Family Trust will stand at around ₹7,028 crore or $801m, at offer floor price

AI hits entry-level coders as hiring drops 13% in key roles: Report

The study, coauthored by economist Erik Brynjolfsson and researchers at Stanford's Digital Economy Lab, is the latest in a growing number of reports purporting to shed light on this

EU defends digital tax rules after Trump warns of tariffs on tech firms

Trump has long railed against EU tech and antitrust regulation over US tech giants including Alphabet Inc.'s Google, Apple Inc. and Meta Platforms Inc

Madhvani Group in talks with Cerberus for $190m loan to buy Indian firm

he parties are discussing a bilateral private credit loan with a tenor of about three-years, said the people, asking not to be identified because the information is private

Indian refiners to trim Russian oil purchases as higher US levies loom

State-run and private processors, including heavyweight Reliance Industries Ltd., are expected to buy 1.4 million-to-1.6 million barrels a day for October loading and beyond

Trump threatens tariffs, tech export curbs in digital tax reprisal

Trump has long argued that digital services taxes discriminate against US tech giants such as Amazon.com Inc., Google owner Alphabet Inc. and Facebook parent Meta Platforms Inc

Family office to Narayana Murthy wary of startups amid valuation cuts

Catamaran is one of the country's largest private investors, running $1.3 billion for the Infosys Ltd founder, who is the father-in-law of former UK Prime Minister Rishi Sunak

AI disruption fears spark investor scrutiny of software companies' stocks

Fourteen years later, artificial intelligence is inspiring similar euphoria and some investors are preparing for a hefty slice of the software industry to become the feast

Rising yields rattle India's bond market rally as investors turn cautious

Fears of a widening deficit have pushed up the benchmark yield by 18 basis points this month, with the bulk of that rise coming last week

Can Russia-India-China overcome history to form a credible alliance?

The gathering of three nations in Tianjin will offer the opportunity for the optics of warmer ties, but it will be more symbolism than substance

Promise profits, not land: Indian states need a new investor playbook

India's states should compete for investment by offering better infrastructure, fewer processes, and smarter regulations, not larger land holdings or bigger subsidies

SpaceX delays Starship launch citing ground systems trouble before liftoff

Starship was set to take off on its 10th major mission from SpaceX's South Texas launch facility, called Starbase

BYD shifts focus to luxury market with $700 mn investment in race track

The Shenzhen-based automaker opened the "all-terrain circuit" in Zhengzhou, a city with over 10 million people in central China, earlier this month

Markets eye US inflation, Powell's warning and key global data flow

Investors will monitor comments from Fed officials at public events in the coming week to gauge their appetite for a September rate cut

China's market bull run defies slowdown fears, stoking bubble risks

In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high

China vulnerable as Xi targets overcapacity, holds back fresh stimulus

While Beijing's recent push to curb overcapacity is helping rein in the glut in steel and solar sectors, the "anti-involution" campaign is missing a stimulus spark

Baltic states seek to fight back against Russian 'electronic warfare'

Lithuania last month accused Russia of orchestrating a spike in GPS jamming, causing a 22-fold increase in such incidents since the previous year

Apple sues China's Oppo, accuses ex-employee of stealing 'trade secrets'

Apple has filed numerous suits in recent years accusing ex-employees and rival companies of breaching contracts and stealing valuable intellectual property

Bosnia's Serb lawmakers set vote that risks plunging country into chaos

The Oct 25 referendum in Republika Srpska will ask 1.2 million voters if they accept decisions by envoy Christian Schmidt and Bosnia's top court that banned leader Milorad Dodik from office

Climate change drives rise of 'coolcations' as tourists flee heatwaves

Heatwaves forced closures of sites like the Acropolis and Eiffel Tower, with Europe facing a growing tourism divide as climate change impacts north and south differently