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Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot

The five-year facility is split into a $111 million term loan and a $25 million revolving credit facility, said the people, who asked not to be identified discussing private matters

Bain Capital gets $136 mn buyout loan for Indian auto parts maker Dhoot
Updated On : 28 Apr 2025 | 10:44 PM IST

Feeling unwelcome: Why I'm thinking twice about travelling to Trump's USA

Going through the US border was already an intimidating experience, and now it has gotten terrifying

Feeling unwelcome: Why I'm thinking twice about travelling to Trump's USA
Updated On : 28 Apr 2025 | 11:10 AM IST

Chinese firms turn to Indian exporters to help fill orders amid US tariffs

At the Canton Fair that runs through May 5 in Guangzhou - the world's biggest trade fair - several Indian firms were approached by Chinese companies to supply goods to their US customers

Chinese firms turn to Indian exporters to help fill orders amid US tariffs
Updated On : 28 Apr 2025 | 10:55 AM IST

No 'investible ideas'? DSP Mutual Fund raises cash amid pricey valuations

The dicey environment has pushed Abhishek Singh, who oversees over $2 billion of assets at DSP Mutual Fund, to increase cash holdings in a large cap fund to nearly 13 per cent as of March-end

No 'investible ideas'? DSP Mutual Fund raises cash amid pricey valuations
Updated On : 28 Apr 2025 | 9:38 AM IST

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal

Toyota Industries said this weekend there was at this moment no buyout proposal by the Toyota group or the family, adding it has received various proposals

Mega buyouts can support, not hinder Japan Inc's reform despite Toyota deal
Updated On : 28 Apr 2025 | 9:20 AM IST

Global race to lure US researchers intensifies after Trump cuts funding

The Trump administration has halted large swaths of federally funded research and embarked on mass layoffs under a government-wide cost-cutting initiative led by billionaire Elon Musk

Global race to lure US researchers intensifies after Trump cuts funding
Updated On : 28 Apr 2025 | 8:51 AM IST

Welcome to the Thunderdome: Trump's chaotic quest to reshape America

Trump's aggressive pace is accompanied by greater confidence in his political instincts and an inner circle even more stocked than last time with loyalists

Welcome to the Thunderdome: Trump's chaotic quest to reshape America
Updated On : 28 Apr 2025 | 8:44 AM IST

Jerome Powell draws applause on independence at closed-door IMF meeting

Powell delivered an impassioned defense of central bank independence when he addressed policymakers and finance ministers during a meeting on Friday

Jerome Powell draws applause on independence at closed-door IMF meeting
Updated On : 27 Apr 2025 | 11:30 PM IST

Axis Bank plans to raise Rs 20,000 cr through stake sale, debt issuance

The Mumbai-based bank plans to raise 350 billion rupees ($4.1 billion) through local rupee bonds or foreign currency bonds, Additional Tier-1 bonds, infrastructure bonds and other debt, the bank said

Axis Bank plans to raise Rs 20,000 cr through stake sale, debt issuance
Updated On : 27 Apr 2025 | 7:06 PM IST

Ad firms brace for pullback in client marketing spend amid tariff woes

The car industry, one of the sectors most vulnerable to a trade war, is likely to lead the way in curtailing ad spend

Ad firms brace for pullback in client marketing spend amid tariff woes
Updated On : 27 Apr 2025 | 2:57 PM IST

US economy showed signs of weakness even before trade tensions escalated

The US government's initial estimate of first-quarter gross domestic product is projected to show the economy expanded at a 0.4 per cent annualised rate, the weakest in nearly three years

US economy showed signs of weakness even before trade tensions escalated
Updated On : 27 Apr 2025 | 7:08 AM IST

Trump demands free passage for US ships through Panama, Suez canals

Trump's focus has been on Chinese commercial shipping and shipbuilding, with the ultimate goal of promoting a revival of US shipbuilding

Trump demands free passage for US ships through Panama, Suez canals
Updated On : 27 Apr 2025 | 6:44 AM IST

Judge voices 'suspicion' after two-year-old US citizen deported to Honduras

Judge Terry Doughty set a May 16 hearing, citing concern that the US government may have deported a US citizen toddler without due process, calling for clarification of the incident

Judge voices 'suspicion' after two-year-old US citizen deported to Honduras
Updated On : 26 Apr 2025 | 11:01 AM IST

Toyota chairman proposes record buyout of its supplier at $42 bn valuation

The proposal values Toyota Industries at ¥6 trillion ($42 billion), about 40% above its market cap as of Friday's close, reflecting its role in textiles and auto parts

Toyota chairman proposes record buyout of its supplier at $42 bn valuation
Updated On : 26 Apr 2025 | 9:30 AM IST

Tesla refunds early India bookings for Model 3 signaling entry is near

The Elon Musk-led car maker is refunding the years-old bookings since the older generation of the Model 3 is being discontinued

Tesla refunds early India bookings for Model 3 signaling entry is near
Updated On : 26 Apr 2025 | 8:32 AM IST

Only Google can run Chrome: Company's browser chief during antitrust trial

Parisa Tabriz testified for hours before Judge Amit Mehta in a hearing on changes Google must make after being found guilty of illegally monopolising the search market last year

Only Google can run Chrome: Company's browser chief during antitrust trial
Updated On : 26 Apr 2025 | 7:50 AM IST

Trump admin reverses course, will reinstate hundreds of student visas

The Trump administration canceled the visas of hundreds of international students at US universities

Trump admin reverses course, will reinstate hundreds of student visas
Updated On : 26 Apr 2025 | 12:55 AM IST

Luigi Mangione pleads not guilty in fatal shooting of UnitedHealth exec

Mangione, 26, is charged with stalking and shooting Brian Thompson outside a hotel in Manhattan on December 4

Luigi Mangione pleads not guilty in fatal shooting of UnitedHealth exec
Updated On : 26 Apr 2025 | 12:48 AM IST

Don't think Ukraine will 'ever be able to join Nato': Donald Trump

During the campaign Trump repeatedly said that he would be able to broker a deal at the start of his term, citing his relationship with Putin

Don't think Ukraine will 'ever be able to join Nato': Donald Trump
Updated On : 25 Apr 2025 | 11:15 PM IST

BYD Q1 results: Net income jumps to $1.3 billion, overtakes Tesla

Considering the first three months of the year are generally the slowest for Chinese automakers, with the period containing the long Lunar New Year holiday, BYD looks set for a strong 2025

BYD Q1 results: Net income jumps to $1.3 billion, overtakes Tesla
Updated On : 25 Apr 2025 | 4:57 PM IST