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Adani Group in advanced talks to acquire Holcim businesses in India

Adani Group could sign an agreement to acquire a controlling stake in Ambuja Cements Ltd. from Holcim as soon as in the coming days

Adani Group in advanced talks to acquire Holcim businesses in India
Updated On : 27 Apr 2022 | 12:32 AM IST

Indians supplant Chinese to become largest migrant group in Australia

From 2011 to 2021, Indian-born migrants rose by 373,000, followed by 208,000 from China and 118,000 from the Philippines, Australian Bureau of Statistics data showed Tuesday

Indians supplant Chinese to become largest migrant group in Australia
Updated On : 26 Apr 2022 | 10:48 PM IST

Jeff Bezos takes aim at Musk's $44 bn Twitter deal with China jibe

Bezos drew attention to Tesla's close ties with China, the world's biggest electric vehicle market and home to the company's first overseas factory

Jeff Bezos takes aim at Musk's $44 bn Twitter deal with China jibe
Updated On : 26 Apr 2022 | 9:34 AM IST

Elon Musk is the 'singular solution I trust' for Twitter, says Dorsey

Dorsey, who took the company public in 2013, said Twitter has been "owned" by Wall Street and that taking it private was the "correct" first step.

Elon Musk is the 'singular solution I trust' for Twitter, says Dorsey
Updated On : 26 Apr 2022 | 9:30 AM IST

Millions of Indians exiting labour force no longer looking for jobs: CMIE

Now, more than half of the 900 million Indians of legal working age -- roughly the population of the US and Russia combined -- don't want a job, according to the CMIE

Millions of Indians exiting labour force no longer looking for jobs: CMIE
Updated On : 26 Apr 2022 | 2:04 AM IST

Meta calls UK tech watchdog's Giphy decision 'irrational', 'inconsistent'

The tech giant is attempting to overturn the CMA's order to unwind the $315-million deal. Nobody apart from Meta was prepared to pay an acceptable price for Giphy, the lawyers said in court documents

Meta calls UK tech watchdog's Giphy decision 'irrational', 'inconsistent'
Updated On : 25 Apr 2022 | 11:46 PM IST

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799

The second-biggest coin, Ether, slumped to $2,799, a level not seen since March 18

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799
Updated On : 25 Apr 2022 | 11:41 PM IST

Sri Lanka cabinet clears proposal to clip President Rajapaksa's power

Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.

Sri Lanka cabinet clears proposal to clip President Rajapaksa's power
Updated On : 25 Apr 2022 | 11:32 PM IST

Hyundai Motor's Q1 tops forecast as weak won helps global sales

Sales climbed 11 per cent from a year earlier to 30.3 trillion won, higher than forecast thanks to robust sales of sport utility vehicles and Genesis luxury models

Hyundai Motor's Q1 tops forecast as weak won helps global sales
Updated On : 25 Apr 2022 | 11:32 PM IST

CVC Capital Partners, KKR mulling buyout bids for $18-billion Toshiba

Toshiba's buyout, which has a market capitalisation of almost $18 billion, would possibly be private equity's biggest-ever deal in the country

CVC Capital Partners, KKR mulling buyout bids for $18-billion Toshiba
Updated On : 25 Apr 2022 | 11:27 PM IST

Pakistan asks IMF to pour in more funds, raise programme duration

The country's new government led by Shehbaz Sharif has promised populist measures and kept fuel prices unchanged this month to provide relief to citizens grappling with Asia's second-fastest inflation

Pakistan asks IMF to pour in more funds, raise programme duration
Updated On : 25 Apr 2022 | 11:20 PM IST

China lockdown fears rip through markets as stocks, commodities, Yuan tank

A Covid flareup that shut down much of Shanghai appeared to worsen over the weekend after China ordered mandatory tests in a district of Beijing and locked down some areas of the capital

China lockdown fears rip through markets as stocks, commodities, Yuan tank
Updated On : 25 Apr 2022 | 11:14 PM IST
No-trust vote likely in Lanka after Oppn gets hold of required support
Updated On : 25 Apr 2022 | 11:08 PM IST

Twitter deal to elevate Elon Musk to new media mogul status

Elon Musk has made it clear that his primary goal in buying Twitter is to support unfettered expression and reduce user bans or takedowns of individual tweets

Twitter deal to elevate Elon Musk to new media mogul status
Updated On : 25 Apr 2022 | 10:53 PM IST

Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal

FRL's offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100% payment, while local lenders were asked to take a haircut

Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal
Updated On : 25 Apr 2022 | 6:18 PM IST

Sprng Energy nearing Rs 13,500 cr sale to Shell, agreement in two weeks

Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko.

Sprng Energy nearing Rs 13,500 cr sale to Shell, agreement in two weeks
Updated On : 25 Apr 2022 | 5:20 PM IST

Palm oil prices surge on Indonesia ban in risk to global food inflation

Indonesia said on Friday that the shipment halt will start from April 28 and last until the government deems a domestic shortage resolved

Palm oil prices surge on Indonesia ban in risk to global food inflation
Updated On : 25 Apr 2022 | 12:46 PM IST

Lankan stocks fall as trading resumes after 2 weeks amid deepening crisis

Sri Lanka Stock Market Colombo All-Share Index fell as much as 6.7% while blue-chip index slumped 5.2% within seconds of resumption of trading

Lankan stocks fall as trading resumes after 2 weeks amid deepening crisis
Updated On : 25 Apr 2022 | 11:32 AM IST

Waning demand for LIC IPO highlights fiscal challenges for PM Modi

Life Insurance Corporation of India's board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far lower than the Rs 500 billion estimated before Russia invaded Ukraine

Waning demand for LIC IPO highlights fiscal challenges for PM Modi
Updated On : 25 Apr 2022 | 9:24 AM IST

As Tesla CEO Musk bids for Twitter, his fight to tweet freely hits a snag

As Musk ramps up his battle to buy Twitter, the lingering ramifications of his prior use of the social media platform may come back to haunt him

As Tesla CEO Musk bids for Twitter, his fight to tweet freely hits a snag
Updated On : 25 Apr 2022 | 12:27 AM IST