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Power Finance Corp to sell bonds worth $1.4 billion to individual investors

Power Finance Corp. has filed a draft prospectus for a 100-billion-rupee offering ($1.4 billion), and plans to raise the entire sum this quarter

Power Finance Corp to sell bonds worth $1.4 billion to individual investors
Updated On : 06 Jan 2021 | 11:52 AM IST

Philips NV said to shortlist Asian cos in bid for $4 billion appliance unit

Philips invited Chinese buyout firm CDH Investments and domestic appliance maker TCL Technology Group Corp. to lodge second-round offers,

Philips NV said to shortlist Asian cos in bid for $4 billion appliance unit
Updated On : 06 Jan 2021 | 9:39 AM IST

70 mn doses ready: Delays over pricing holding back India's vaccine rollout

The Indian government may be looking to put pressure on Serum to lower its prices, as seen by its controversial decision to greenlight a rival vaccine

70 mn doses ready: Delays over pricing holding back India's vaccine rollout
Updated On : 06 Jan 2021 | 7:53 AM IST

A $13-trillion crisis era debt bill comes due for big economies

G-7, emerging economies face biggest refinancings in a decade

A $13-trillion crisis era debt bill comes due for big economies
Updated On : 06 Jan 2021 | 2:07 AM IST

Covid-19: UK heads for deeper double dip recession with third lockdown

Sunak hands $6.2-billion support package for businesses

Covid-19: UK heads for deeper double dip recession with third lockdown
Updated On : 06 Jan 2021 | 1:47 AM IST

8,927 hrs of blackout: Worst internet shutdowns cost India $2.8 bn in 2020

India -- the second-worst-hit nation by the Covid-19 pandemic in terms of overall confirmed infections -- accounted for about three-quarters of the $4 billion lost worldwide to internet curbs

8,927 hrs of blackout: Worst internet shutdowns cost India $2.8 bn in 2020
Updated On : 06 Jan 2021 | 12:07 AM IST

Beauty start-up Nykaa listing likely this year at $3-bn value: Report

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

Beauty start-up Nykaa listing likely this year at $3-bn value: Report
Updated On : 05 Jan 2021 | 10:59 PM IST

China condemns former high-flying finance executive to death

A slew of officials have been caught up in President Xi's dragnet

China condemns former high-flying finance executive to death
Updated On : 05 Jan 2021 | 5:21 PM IST

Ultra-low interest rates to stay: A 2021 guide for global central banks

China, India, Russia and Mexico are among those predicted to cut their benchmarks even further. Only Argentina and Nigeria are forecast to raise rates

Ultra-low interest rates to stay: A 2021 guide for global central banks
Updated On : 05 Jan 2021 | 8:18 AM IST

Unlikely to be free anytime soon, Assange's fight for freedom far from over

This "is not the end of the story," said Jasvinder Nakhwal, an extradition lawyer at Peters & Peters in London who wasn't involved in Assange's hearing

Unlikely to be free anytime soon, Assange's fight for freedom far from over
Updated On : 05 Jan 2021 | 7:49 AM IST

India's Covid-19 vaccination challenge needs a private sector helping hand

The media and opposition figures have justifiably asked why Bharat Biotech's candidate was approved at the same time as AstraZeneca's, when it hasn't even finished or published results from Stage III

India's Covid-19 vaccination challenge needs a private sector helping hand
Updated On : 05 Jan 2021 | 7:42 AM IST

Jack Ma's Ant Group may survive this bump but won't be super-unicorn again

Over the last year, the government has encouraged the growth of consumer finance companies as well as the existing units of banks that deal in the business

Jack Ma's Ant Group may survive this bump but won't be super-unicorn again
Updated On : 05 Jan 2021 | 7:42 AM IST
Julian Assange extradition blocked as UK judge cites health concerns
Updated On : 05 Jan 2021 | 1:57 AM IST

Brexit pushes almost 100% of European share trading off UK venue

First trading day since Brexit shows early damage to London

Brexit pushes almost 100% of European share trading off UK venue
Updated On : 05 Jan 2021 | 1:46 AM IST

Covaxin: Science, not pride will help India build trust in this vaccine

The hasty nod for Bharat Biotech's Covaxin, developed in collaboration with the ICMR and National Institute of Virology, has raised eyebrows in the scientific and healthcare communities

Covaxin: Science, not pride will help India build trust in this vaccine
Updated On : 04 Jan 2021 | 10:36 PM IST

UK faces third lockdown as surge in cases threatens to overwhelm hospitals

The UK government is back in crisis mode with new virus cases exceeding 50,000 a day

UK faces third lockdown as surge in cases threatens to overwhelm hospitals
Updated On : 04 Jan 2021 | 7:40 PM IST

China oil majors may be US target after delisting of telecom firms

US President Donald Trump signed an order in November barring American investments in Chinese firms owned or controlled by the military

China oil majors may be US target after delisting of telecom firms
Updated On : 04 Jan 2021 | 4:33 PM IST

Billions of dollars at stake as courts begin ruling on pending bank cases

The legal tussles pit India's lenders, central bank and government against corporate borrowers struggling to survive amid lockdowns prompted by Covid-19

Billions of dollars at stake as courts begin ruling on pending bank cases
Updated On : 04 Jan 2021 | 7:35 AM IST

Bezos, Musk smash records as world's richest add $1.8 trillion in 2020

The world's 500 richest people added $1.8 trillion to their combined net worth this year and are now worth $7.6 trillion, according to the Bloomberg Billionaires Index.

Bezos, Musk smash records as world's richest add $1.8 trillion in 2020
Updated On : 04 Jan 2021 | 2:41 AM IST

Tesla delivers 499,550 vehicles in 2020, falls just 50 short of target

The quarterly delivery figure is widely seen as a barometer of demand for both Tesla's vehicles and consumer interest in electric vehicles worldwide.

Tesla delivers 499,550 vehicles in 2020, falls just 50 short of target
Updated On : 04 Jan 2021 | 2:32 AM IST