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Secret India-Pakistan ceasefire, peace roadmap brokered by top UAE royals

The next step in the process, the official said, involves both sides reinstating envoys in New Delhi and Islamabad, who were pulled in 2019

Secret India-Pakistan ceasefire, peace roadmap brokered by top UAE royals
Updated On : 23 Mar 2021 | 1:19 AM IST

MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report

The Gurgaon-based company intends to hold a pre-IPO funding round that could give the startup a valuation of about $700 million

MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report
Updated On : 22 Mar 2021 | 3:13 PM IST

India to face key test for risky bank bond as Sebi lowers investment cap

The Securities & Exchange Board of India this month announced rules which restrict mutual funds' holdings of perpetual Additional Tier 1 and Tier 2 notes to 5% of net assets for a single issuer

India to face key test for risky bank bond as Sebi lowers investment cap
Updated On : 22 Mar 2021 | 10:52 AM IST

Aramco's $75 billion dividend survives biggest oil, earnings disruptions

The world's biggest oil company has taken on more debt in the past 12 months to keep up the dividend in the face of dwindling cash flow, though its gearing remains below that of firms such as Royal Du

Aramco's $75 billion dividend survives biggest oil, earnings disruptions
Updated On : 22 Mar 2021 | 7:43 AM IST

How Jeff Bezos' Amazon is fighting door to door to beat Mukesh Ambani

The world's largest retailer is permeating the complex tapestry of the only billion-people-plus market open to it

How Jeff Bezos' Amazon is fighting door to door to beat Mukesh Ambani
Updated On : 22 Mar 2021 | 6:50 AM IST

LG Electronics likely to shut mobile phone business, says report

LG may share its decision on the business' fate with employees as soon as early April, the DongA report said

LG Electronics likely to shut mobile phone business, says report
Updated On : 21 Mar 2021 | 11:12 PM IST

Saudi-led jets strike Yemen rebel sites after Aramco hit: Report

The escalation is liable to hinder U.S. efforts to end the seven-year war in Yemen, which has created the world's worst humanitarian crisis, with widespread famine and disease.

Saudi-led jets strike Yemen rebel sites after Aramco hit: Report
Updated On : 21 Mar 2021 | 11:05 PM IST

Saudi Aramco profit drops 44%, but $75-billion dividend survives

The dividend is a key source of cash for the kingdom, whose economy was hit after the virus hammered energy markets and shut down local businesses

Saudi Aramco profit drops 44%, but $75-billion dividend survives
Updated On : 21 Mar 2021 | 10:58 PM IST

Germany mulls extending curbs into April as coronavirus worsens

Draft plans include mandatory quarantine and coronavirus tests for all people returning from a trip to another country

Germany mulls extending curbs into April as coronavirus worsens
Updated On : 21 Mar 2021 | 8:09 PM IST

First negative-yield quote causes flutter in India's sovereign bond market

While there's a total $13.30 trillion of negative-yielding assets in the world, the phenomenon had been unheard of in an emerging market like India where the benchmark 10-year note trades at above 6%

First negative-yield quote causes flutter in India's sovereign bond market
Updated On : 21 Mar 2021 | 9:22 AM IST

International hunt for Covid's origin points to China animal trade

Live animals susceptible to coronavirus infection were present at Huanan food market in Wuhan, the city where the first major Covid-19 outbreak was detected.

International hunt for Covid's origin points to China animal trade
Updated On : 21 Mar 2021 | 6:18 AM IST

Jerome Powell is in it to win it despite bond-market inflation fear

Fed chair makes clear FOMC will only react to actual data

Jerome Powell is in it to win it despite bond-market inflation fear
Updated On : 20 Mar 2021 | 1:58 AM IST

EU resets AstraZeneca vaccine effort after chaos that may undermine trust

Countries across the European Union, including Germany, France and Spain, are resuming using AstraZeneca Plc's vaccine after temporarily suspending it to investigate a possible blood-clot issue

EU resets AstraZeneca vaccine effort after chaos that may undermine trust
Updated On : 20 Mar 2021 | 1:54 AM IST

Apple warns against unauthorised tracking after China workaround

Several Chinese technology companies, including Baidu, ByteDance and Tencent Holdings, are preparing workarounds for Apple's new policy

Apple warns against unauthorised tracking after China workaround
Updated On : 20 Mar 2021 | 1:53 AM IST

Tesla cars banned by China's military on concerns about cameras

Images of what was purported to be a notice about the ban were also circulating on Chinese social media

Tesla cars banned by China's military on concerns about cameras
Updated On : 20 Mar 2021 | 1:50 AM IST

European Union sues UK over tax breaks as post-Brexit skirmishes mount

The EU is still smarting from the U.K.'s threat -- later withdrawn -- to break international law last year and rewrite the Brexit agreement

European Union sues UK over tax breaks as post-Brexit skirmishes mount
Updated On : 20 Mar 2021 | 1:35 AM IST

Food delivery start-up Zomato planning to file $650 mn IPO next month

Deliberations are ongoing and details of the offering such as size and timeline could change

Food delivery start-up Zomato planning to file $650 mn IPO next month
Updated On : 20 Mar 2021 | 12:54 AM IST

Rupee becomes only Asian currency to gain in month of sweeping losses

The rupee has advanced 1.3% in March, boosted by $2.4 billion of overseas purchases of local stocks, including inflows related to initial public offerings

Rupee becomes only Asian currency to gain in month of sweeping losses
Updated On : 20 Mar 2021 | 12:37 AM IST

Tata Motors says Marc Llistosella not to join as CEO

Guenter Butschek will continue as CEO & MD till June 30, 2021

Tata Motors says Marc Llistosella not to join as CEO
Updated On : 19 Mar 2021 | 7:51 PM IST

Why a ban on cryptocurrency could have dire consequences for India

Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep

Why a ban on cryptocurrency could have dire consequences for India
Updated On : 19 Mar 2021 | 10:58 AM IST