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Paytm in talks with sovereign wealth funds, BlackRock for IPO stakes

State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said

Fintech's 'buy now, pay later' credit for kiranas is changing livelihoods

Even small shops can now access large and organised wholesalers, as they buy credit responsibly.

India's aluminium makers face 'precarious situation' on coal crunch

Tightening supplies of coal have triggered a power crisis in India as about 70% of the nation's electricity is fired by the fuel.

Indian chemicals firm UPL asked to pay for forum on South Africa pollution

UPL has been accused by the country's environment department of illegally storing hazardous chemicals.

TikTok rival loses steam: World's roughest IPO this year is Chinese firm

Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year

Covid protection wanes months after second shot, booster needed: Studies

Protective antibodies decreased continuously during the six months after the administration of the second dose of the vaccine, according to a study of about 5,000 Israeli health workers

Joe Biden's team debates IMF chief's fate as board probes ethics scandal

Some staff at the fund, which employs about 2,700 people, have lost confidence in Georgieva, says a Bloomberg report.

Zuckerberg's notes from 15 years ago haunt Facebook in lawsuit over privacy

It's been a bad week for Facebook, which faced an unprecedented global outage of the company's sites and a damaging interview by a former insider turned whistle-blower

Business glitters for jewellers as gold prices fall 17%, economy recovers

Reprieve in the pandemic means they can eye a recovery in their most lucrative sales period.

Coal shortage in India leads to soaring costs for steel producers

'Mills are paying more than four times the normal costs for procuring coal from e-auctions and from mines'

Xi Jinping won't go to Rome summit, Chinese envoys tell G-20 sherpas

Chinese envoys cited China's Covid protocols, which can include quarantine mandates for returning travelers, as a reason Xi did not intend to go to Rome

Sweden, Denmark halt Moderna's Covid-19 vaccine shot for younger people

The Swedish health authority Wednesday cited new data on the increased risk of heart inflammation as a reason for the pause for those aged 30 and under

Afghanistan requests UN to pay its power bills before nation goes dark

Since the Taliban took control of Afghanistan from mid-August, electricity bills haven't been paid to neighboring countries that supply about 78 per cent of its power needs

US President Joe Biden says he has 'confidence' in Jerome Powell

"Well, thus far yes, but I'm just catching up to some of these assertions," Biden said on a visit to Michigan when asked by a reporter about confidence in the Fed's integrity and in Powell

Snapchat was the biggest winner the day Facebook's services went down

Facebook blamed network configuration glitches for immobilizing a suite of apps from Messenger to Instagram and driving some of its 2.7 billion daily users to the competition

Facebook CEO Zuckerberg hits back, says whistle-blower's claims are untrue

"At the most basic level, I think most of us just don't recognise the false picture of the company that is being painted," he wrote in a note to employees

US private sector adds most jobs in 3 months, shows ADP data

The stronger pace of hiring indicates that companies had greater success filling open positions after enhanced federal unemployment benefits ended on Sept 6

European gas surges 40% as EU pledges action amid record rally

Dutch and U.K. gas futures have jumped 60% in just two days, hitting fresh records along with surging power as EU lawmakers debated the crisis

Amid Invesco spat, Zee says open to rival offers for Sony bid

The comments show the battle between the company and its largest investors is set to worsen

Copenhagen's Noma is the best restaurant in the world, for the 5th time

The world's most famous restaurant was number two on the 2019 list