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Oyo speeds up IPO plans as Ritesh Agarwal's debt repayment date looms

Creditors, including Mizuho Financial Group Inc insist that founder Ritesh Agarwal pay off the dues for $383 million he borrowed

Elissa Slotkin slams Trump over tariffs, Musk in Democratic response

Slotkin, who won her Senate seat despite Michigan voting for Trump in the presidential election, largely focused her message on the economic headwinds facing the nation

Donald Trump's latest trade-war salvo to likely put the brakes on US growth

There's also Elon Musk's cuts to the federal workforce, the clampdown on immigration, and a potential drag on business investment amid so much policy uncertainty

Elon Musk fails to block OpenAI restructuring plans in court fight

US District Judge Yvonne Gonzalez Rogers denied Musk's request for an injunction that would immediately pause the ChatGPT maker's transformation from a nonprofit to public benefit for-profit company

Carlyle Group hunts for wealth assets in India amid rising competition

The New-York based firm that counts PNB Housing Finance Ltd. and Yes Bank Ltd. in its India portfolio, is keen to acquire wealth and asset management companies

Adani's new $2.1 billion Navi Mumbai airport draws low-cost carriers

Tata Group's low-cost carrier Air India Express and smaller rivals SpiceJet and Akasa are also in discussions to eventually relocate all of their operations

Why India's tax office needs to win over taxpayers, and not tyrannise them

For investment and growth to take off, taxes need to be reliable, uniform and predictable

Donald Trump pauses military aid to Ukraine after clash with Zelenskyy

The US is pausing all current military aid to Ukraine until Trump determines the country's leaders demonstrate a good-faith commitment to peace

Donald Trump keeps door open to Ukraine deal with Europe now optimistic

Trump's relatively optimistic assessment could revive prospects for the deal, which Zelenskyy had flown to the US to sign but was scrapped

TSMC to announce $100 bn investment in US chip plants over next 4 years

TSMC is the world's leader in production of advanced semiconductors used for artificial intelligence, and the investment would help bolster Trump's pledge to make the US dominant in AI

CK Hutchison sells Panama Canal ports to BlackRock amid Trump pressure

The consortium will also acquire 90% of Panama Ports Co., which operates the two ports in Balboa and Cristobal

Putin agrees to help Trump broker high-stakes nuclear talks with Iran

White House officials did not immediately respond to a request for comment. Neither Russia nor Iran have publicly confirmed or denied the request

Canadian govt retaliates, puts tariffs on $107 billion of US products

Canada will not let this unjustified decision go unanswered, Prime Minister Justin Trudeau said in a statement

Japanese firefighters struggle to contain biggest wildfire in 50 years

Residents have been instructed to evacuate, as more than 2,000 firefighters use helicopters and hoses to douse the flames

Citi Bank copy-paste error nearly sends $6 billion to wealth account

The near-miss in Citigroup's wealth-management business magnified the intended amount by more than a thousand times and was detected on the next business day

Pentagon denies report of halt in offensive cyber operations against Russia

Hegseth has neither canceled nor delayed any cyber operations directed against malicious Russian targets

Musk's SpaceX delays Starship launch to address issues with rocket

Starship was slated to launch from SpaceX's Starbase facility in south Texas on a roughly one-hour mission

Tata Capital likely to seek record $11 billion valuation in upcoming IPO

Tata Capital's board last week approved the listing of as many as 230 million shares, along with an offer for sale of equity by existing shareholders

Power Finance shoulders Adani Green's $1 bn construction-linked loan

The lender is said to have offered a fixed rate loan for the full term with a commitment to hold it until maturity at the end of 19 years

AbbVie enters obesity drug market with up to $2.2 billion Gubra deal

The licensing deal could set the US drugmaker to vie with Eli Lilly & Co. and Novo Nordisk A/S, the current leaders in a market that's expected to reach $130 billion in annual sales by 2030