Page 418 - Bloomberg/workspace/business Standard Web/video

Adani Group's debt pile up almost 21%, relies on global banks for funding

The ratio of net debt to run-rate earnings before interest, tax, depreciation and amortization was about 3.2 in the 2023 fiscal year, which ended in March

Government eyes higher capital gains tax for rich to curb inequality

The government tried to address this issue partially in the recent budget by taxing debt funds at the income tax rate

Pivot beyond China: Apple's chief rival has a cautionary tale for India

If Apple is to rely on India for domestic supply, and demand rises quicker than output, then growth could be hit

How Japan's cybersecurity nightmare is everyone else's problem too

But while Japan might be an extreme example of such vulnerabilities, it is far from the only country at risk

BlackRock's assets seen topping $15 tn in 5 years' time: Morgan Stanley

The gains are likely to continue, according to Morgan Stanley analyst, raising BlackRock's price target to $861 from $829, the second-highest among analysts tracked by Bloomberg

Worthless degrees are creating an unemployable generation in India

Half of all graduates in India are unemployable in the future due to problems in the education system, according to a study

Pick tech over finance: Street's career advice to highschoolers

A recent Goldman Sachs Group Inc. report estimated that some 300 million full-time jobs worldwide may soon be affected by AI automation

Sega Sammy Holdings to buy Angry Birds maker for $776 million

For Rovio, the famous Angry Birds franchise is the cornerstone of the Finnish company's operations

Making enough effort to ensure economy remains buoyant: FM Sitharaman

'Weakness in demand for goods, services activity could be a drag on recovery'

Subdued outlook: Tsunami of rating downgrades sinks Infosys stock

Over 10 brokerages lower price targets after guidance disappointment

India will push back on Western monopoly over ESG targets: Sanjeev Sanyal

India needs to resist efforts by some Western ratings companies to push ESG norms on emerging markets even as PM Narendra Modi's government is committed to zero out greenhouse gas emissions by 2070

Will dollar continue to dominate world trade or will other currencies gain?

An aggressive push by Chinese President Xi Jinping and the slow but steady rise in yuan use for transactions has contributed to the international chatter around reducing global use of dollar

As Apple India sales near $6 bn, CEO Cook arrives to launch first stores

Apple's India sales surged during the pandemic as customers bought iPhones, iPads and MacBooks to work and study from home. And that momentum has continued, helped by financing and trade-in options

Rush to deploy AI without oversight can have harmful effects: Sundar Pichai

"We don't have all the answers there yet, and the technology is moving fast," Pichai said. "So does that keep me up at night? Absolutely"

Google may lose search on Samsung devices to Microsoft Bing: Report

Google is working on several projects to update and renew its search services to avoid losing ground

Low diesel demand in China, US, Europe triggers global recession fears

Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning," said Ben Ayers, a senior economist in the US with Nationwide Economics

India sees oil cuts, war impact as biggest risks to economy: FM Sitharaman

She also said possible recessions in the US or other developed countries could be a drag on India by hurting exports, particularly manufacturing

Boeing's new 737 woes are an ugly plot twist in a comeback tale: Report

The company is grappling with a manufacturing issue affecting its cash-cow 737 jetliner, which has temporarily brought some deliveries to a halt

Germany closes its nuclear plants in hopes of greener pastures

The decision to phase out the emissions-free power source - first codified in a 2002 law and finalized after the 2011 Fukushima disaster

Bitcoin surged past $30,000. Is another crypto boom on the way?

It's clear that while the mood has improved compared with last year's apocalyptic vibe, the promising Bitcoin rebound alone won't be enough to fix the damage from last year's scandal-filled downturn