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Adani Group considers raising $10 bn debt in lower-cost debt, green bonds

Gautam Adani's group is looking to raise at least $10 billion in new debt over the next year as his conglomerate seeks to refinance its high-cost borrowings and fund projects in the pipeline

Investor capitulation yet to show up in equity flows: Bank of America

Global stock funds had inflows of $9.2 billion in the week through October 19, according to a note from the bank citing EPFR Global data.

India pushing for valuation of $7.7 billion for state-owned IDBI Bank

India is pushing for a valuation of around 640 billion rupees ($7.7 billion) for state-owned IDBI Bank Ltd. in what could be the biggest sale of the government's stake in a lender in decades

RBI should focus on softening core inflation: MPC's Shashanka Bhide

"As far as monetary policy is concerned, moderation in the core inflation should be the priority," Shashanka Bhide, an external member of the Reserve Bank of India's monetary policy committee, said

Economy lightens up on festive season demand as shoppers back in force

Online marketplaces Amazon.com Inc., and Walmart Inc.-owned Flipkart saw sales jump 27% from a year ago to $5.7 billion during the festival season's first sale between Sept. 22-30

7 charts to explain how China became a threat to US's tech leadership

Seven years after China unveiled its ambitious Made in China 2025 plan to become globally competitive in 10 industries, President Xi is using Communist Party congress this month to redouble efforts

AI knows how much you're willing to pay for flights before you do

Armed with mountains of data, artificial intelligence is emerging as an important tool for airlines to find the ideal fares to charge passengers, helping them squeeze out as much revenue as possible

Zara enters pre-owned clothing biz, offers repair, resale & donation svces

Zara is moving into the business of pre-owned clothing as the Spanish brand starts offering services for repair, resale and donations in the UK

Musk plans to cut Twitter workforce by 75% in a matter of months: Report

Elon Musk's plans for Twitter Inc. involve slashing its staff by nearly 75% in a matter of months, according to documents obtained by the Washington Post

Domestic buying powering Indian equities but stocks yet to feel tight money

After recent downgrades, stocks comprising the country's benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020

Novartis signs world's first licensing deal for high-priced cancer drug

The oral drug, nilotinib, is used to treat chronic myeloid leukemia and may be made in Egypt, Guatemala, Indonesia, Morocco, Pakistan, the Philippines, and Tunisia

Elon Musk says Tesla will be bigger than Apple. Analysts say not so fast

The electric-vehicle maker reported lackluster third-quarter results on Wednesday, with revenue and margins missing estimates even as profit beat.

Blackstone's Q3 profit falters as rising interest rates chill dealmaking

Distributable earnings in the quarter ended Sept 30 fell 16% to $1.37 billion, Blackstone reported on Thursday

Cash-for-gold lender Muthoot Finance joins trend shunning new dollar debt

Muthoot Finance Ltd. is extending a trend in emerging Asia that's dragged down bond issuance in the US currency to its lowest since 2015

Europe Is Buying Up Cheaper Brazilian Ethanol Amid Energy Crisis

Prices for natural gas and power are so high in Europe that some ethanol makers have considered shutting down plants

Sinking in polls, Japanese leader renews unorthodox inflation bet

Japanese leader Fumio Kishida has seen his approval rating plummet of late along with the yen. But he's sticking with his world-defying bet on loose monetary policy even as voter dissatisfaction grows

Russia-Ukraine war: Putin finds himself tested even by most reliable allies

Central Asia remains tethered to Russia through basics like trade and pipelines, and that won't change overnight

Indian airline Akasa Air ekes out 1% share of skies as IndiGo leads pack

Chief Executive Officer Vinay Dube has said Akasa is financially strong enough to place larger orders and expand its fleet to 72 aircraft within five years.

$121-million Individual bond sale on the anvil for Adani Enterprises

Adani Ports' seven dollar-denominated notes have lost about 14% on average so far this year, while Adani Electricity Mumbai's 2030 securities have retreated about 17%.

Mukesh Ambani purchases beach-side Palm Jumeirah villa in Dubai for $163 mn

The billionaire has been snapping up properties overseas, increasingly looking westward for second homes