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Noel Tata, Shapoorji Pallonji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons

Ex-RBI chief Raghuram Rajan urges Fed to hike rates, relaxed on rupee

Markets expect Fed will boost borrowing costs in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move

Nepal flood rebuilding costs could hit $5 bn: Billionaire Binod Chaudhary

The flash flood tore through Nepal's mountainous border region with China on Aug. 26, engulfing villages and washing away roads and bridges

BSE options surge 4,000% in 15 minutes shows wild swings under new CAS

A bank index put option surged nearly 4,000% before crashing to zero within 15 minutes

Fed should raise rates to curb inflation, says ex-RBI chief Raghuram Rajan

Markets expect the Fed will raise rates in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move

Fast-swelling lakes trigger fresh flood warnings in Nepal and China

At least 469 people have been confirmed dead, a toll that's expected to rise in the coming days after fast-moving waters swept through villages, wiping out bridges, roads and entire settlements

Meta's campaign on teen safeguards puts TikTok, YouTube, Snap on back foot

In a public callout to TikTok and YouTube that included a plan to publish open letters in newspapers, Meta said it's seeking to set a 'new industry standard'

US Federal Trade Commission probes YouTube over social media policies

The antitrust and consumer protection agency has been probing YouTube since last year and is in the final stages of preparing a potential lawsuit

Venezuela weighs exit from Opec as US discusses stake in oil fields

Venezuela was one of the five oil producers that founded Opec in 1960 and is widely considered the most influential country in the group's creation

Trump admin in talks with Venezuela to take major stake in oil fields

The Venezuela talks follow the January seizure of strongman Nicolás Maduro by US forces and the installation of more amenable leadership in Caracas

Donald Trump renames Lake Ontario as Lake America, stoking Canada spat

Lake Ontario is one of the Great Lakes and straddles the US-Canada border between the state of New York and the province of Ontario

Tata Power loses challenge to $490 mn arbitration award in Russia coal case

Singapore court upholds a $490 million arbitration award against Tata Power over a failed joint bid for a Russian coal asset and rejects the company's natural justice challenge

The $13 billion Hugging Face deal would crown Nvidia king of AI

The deal would create a strange paradox. Nvidia wants open models to thrive, but for a more self-interested reason: to stop OpenAI and other large AI companies from threatening its chip business.

US probes Singapore-based Apex Logistics over alleged Nvidia chip smuggling

Authorities are looking into whether Apex - a unit of shipping giant Kuehne+Nagel - may have transported AI systems made by Super Micro Computer Inc. in violation of US export restrictions

'Butcher of Bosnia' Ratko Mladic dies at 84 while serving life term

Mladic led Serb forces in the ethnic fighting among Bosnia's Muslims, Serbs and Croats that left more than 100,000 dead and more than 2 million people displaced

Yayoi Kusama, Japanese artist who painted polka dots, dies at 97

Kusama died in a Tokyo hospital on Aug. 14, according to a statement on her official website. The cause was multiple organ failure, Kyodo News reported.

Vedanta plans third rupee bond issue, seeks to raise ₹1,000 crore

Vedanta joins other Indian companies that are mulling bond offerings soon amid expectations that the Reserve Bank of India could raise interest rates later this year due to inflation risks

Uncertainty over CEO's term weighing on HDFC Bank's stock, says Macquarie

Clarity on HDFC Bank's leadership is crucial as the lender seeks to move past uncertainty marked by its former chairman's abrupt exitg and overnance concerns

India plans $1.4 billion in aid to boost advanced battery parts output

While India already provides subsidies for making cells used to power electric cars and for energy storage, the first set of local battery makers have been navigating supply chain snags

China to ship at least 1.2 mn tonnes of key fertiliser variety to India

India is one of the biggest urea importers, making its purchases closely watched as a global benchmark