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Greenko founders eye fresh deal to acquire Orix's stake despite pullout

Anil Chalamalasetty and Mahesh Kolli, co-founders of Greenko, are tweaking the deal structure to pave the way for the acquisition to proceed

Greenko founders eye fresh deal to acquire Orix's stake despite pullout
Updated On : 16 May 2025 | 7:48 AM IST

WEF courts Christine Lagarde as next leader after founder's abrupt exit

As the board deals with the fallout, it still sees Lagarde as the top candidate and has held internal discussions on the matter since Schwab's resignation last month

WEF courts Christine Lagarde as next leader after founder's abrupt exit
Updated On : 16 May 2025 | 7:39 AM IST

Donald Trump to keep 30% China tariffs through late 2025, say analysts

US levies on Chinese products imposed this year will likely hold at 30 per cent through late 2025, according to a Bloomberg survey

Donald Trump to keep 30% China tariffs through late 2025, say analysts
Updated On : 16 May 2025 | 7:31 AM IST

Billionaire Lakshmi Mittal buys mansion in 'Beverly Hills of Dubai'

The India-born billionaire snapped up a palatial home in a gated community known as the "Beverly Hills of Dubai," said the people

Billionaire Lakshmi Mittal buys mansion in 'Beverly Hills of Dubai'
Updated On : 16 May 2025 | 12:16 AM IST

Microsoft layoffs hit software engineers hardest amid rising AI spend

Microsoft on Tuesday said it would cut about 6,000 workers across the company. The Washington state data represents about a third of the total

Microsoft layoffs hit software engineers hardest amid rising AI spend
Updated On : 15 May 2025 | 11:46 PM IST

Covid-19 cases spike in Hong Kong, S'pore as new wave spreads across Asia

Covid's comeback just as much of the northern hemisphere enters into summer shows the virus can still sicken a large swath of the population even when the weather is hot

Covid-19 cases spike in Hong Kong, S'pore as new wave spreads across Asia
Updated On : 15 May 2025 | 2:47 PM IST

Russian researcher at Harvard University charged for smuggling frog embryos

Petrova, 31, has been held in custody since mid-February, when customs agents detained her at Boston's Logan Airport

Russian researcher at Harvard University charged for smuggling frog embryos
Updated On : 15 May 2025 | 12:00 PM IST

US-China trade war risks making Europe dumping ground for cheap goods

As Europe tightens checks to block a surge of Chinese goods redirected from the US, data show China's trade surplus with the EU hit a record $90 billion in the first four months of 2025

US-China trade war risks making Europe dumping ground for cheap goods
Updated On : 15 May 2025 | 11:49 AM IST

Harvard President Alan Garber takes 25% pay cut amid Trump funding row

The US terminated $450 million in grants to Harvard this week, after earlier freezing more than $2.2 billion in funding

Harvard President Alan Garber takes 25% pay cut amid Trump funding row
Updated On : 15 May 2025 | 8:37 AM IST

RBI pushes lenders to revive funding market vital for monetary policy

While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent of that, down from 20 per cent a decade ago

RBI pushes lenders to revive funding market vital for monetary policy
Updated On : 15 May 2025 | 8:30 AM IST

NSE closes probe into Jane Street trades flagged for unusual activity

The transactions in question involved rapid reversals of trades, sometimes at prices far above or below prevailing market rates

NSE closes probe into Jane Street trades flagged for unusual activity
Updated On : 14 May 2025 | 11:39 PM IST

Shapoorji Pallonji Group nears record $3.4 billion private credit deal

Talks are for the three year, zero coupon rupee bond to carry an annual yield of 19.75%, and the loan to value ratio is 16%

Shapoorji Pallonji Group nears record $3.4 billion private credit deal
Updated On : 14 May 2025 | 5:35 PM IST

RBI reviews e-wallets after sudden collapse of EV taxi service BluSmart

Reserve Bank of India has begun informal consultations with EV charging-point operators and other app-based EV platforms to assess potential consumer risks

RBI reviews e-wallets after sudden collapse of EV taxi service BluSmart
Updated On : 14 May 2025 | 10:27 AM IST

US warns of missile threats that Donald Trump's Golden Dome may face

The DIA released a chart as a prelude to a White House announcement regarding threats to the US that the Golden Dome missile defense umbrella, a priority of President Donald Trump, would counter

US warns of missile threats that Donald Trump's Golden Dome may face
Updated On : 14 May 2025 | 8:49 AM IST

In Donald Trump's world, aircraft are key to unlocking political favours

The US president is a noted aviation buff - branding his personal Boeing 757 "Trump Force One" and seeking to acquire a Qatari luxury jet to serve as a the new presidential aircraft

In Donald Trump's world, aircraft are key to unlocking political favours
Updated On : 14 May 2025 | 8:15 AM IST

Luxury jet being gifted by Qatar will be temporary Air Force One: Trump

Under the arrangement, which officials from both countries have acknowledged discussing, Qatar would offer a luxury Boeing 747-8 jumbo jet for use as Air Force One

Luxury jet being gifted by Qatar will be temporary Air Force One: Trump
Updated On : 14 May 2025 | 7:42 AM IST

What makes Trump's freebie Qatar jet the stuff of nightmares in spyworld

Aside from any legal and ethical qualms about Trump accepting the plane - an 89-seater with a sumptuous French-designed interior - there are technical and security concerns too

What makes Trump's freebie Qatar jet the stuff of nightmares in spyworld
Updated On : 14 May 2025 | 7:37 AM IST

Harvard expands lawsuit against US after Trump ends $450 mn funding

In its new complaint, Harvard cited several actions taken by the administration since the university's initial lawsuit on April 21

Harvard expands lawsuit against US after Trump ends $450 mn funding
Updated On : 14 May 2025 | 7:21 AM IST

Google facing at least 12 billion euro in damage claims across Europe

The civil suits are linked to a 2017 decision by the European Commission to fine Google 2.4 billion euro for illegally leveraging its search dominance

Google facing at least 12 billion euro in damage claims across Europe
Updated On : 13 May 2025 | 10:07 AM IST

Why India's nine-year-old insolvency law has bankers going bald with worry

A third of the bankruptcies admitted by the tribunals have gone for liquidation, while three-quarters of the cases still open in December had exceeded the prescribed 270-day mark for resolution

Why India's nine-year-old insolvency law has bankers going bald with worry
Updated On : 13 May 2025 | 8:28 AM IST