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Sebi demands Rs 62,600 cr from Sahara in Supreme Court petition

Sahara and its chief Subrata Roy have been in the spotlight recently after they got a district court to stall the release of Netflix's series "Bad Boy Billionaires" featuring Roy, among others

Adani has no guaranteed customer for $6 bn Indian solar project: Report

Shares in Adani Green Energy have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal

World stocks ease further from highs, oil dips on Covid-19 restrictions

Positive news about potential vaccines had helped push the MSCI World Index to a record high earlier in the week

India's economy to return to normal faster than expected: Barclays

Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%

Amazon sacks staff at drone project, taps new manufacturers: Report

US online retailer Amazon.com Inc has laid off dozens of R&D and manufacturing staff from its delivery drone project, Amazon Prime Air, the Financial Times reported

Bitcon surges to near all-time high, backers hope it won't crash this time

With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around

Asia stocks ease from highs, bonds count on US Fed Reserve support

Japan reported record news cases as Tokyo raised its pandemic alert to the highest level, shoving the Nikkei down 0.8% and away from a 29-year closing top

Pfizer-BioNTech's Covid-19 vaccine deliveries may start before Christmas

Pfizer and BioNTech could secure emergency US and European authorisation for their Covid-19 vaccine next month after final trial results showed it had a 95% success rate and no serious side effects

Explained: What is happening with the $9 bn Keystone XL oil pipeline?

Most recently, a Canadian indigenous group said it would invest C$1 billion ($764.35 million) in the project, which has been in the works for 12 years

US senators seek to stop Donald Trump's $23 billion in arms sales to UAE

The huge sale could alter the balance of power in the Middle East, and members of Congress have chafed at the administration's attempt to rush it through

China set to sell its first negative-yielding government bond worth $887 mn

The three-part deal also consisted of a 2 billion euro 10-year bond priced at 55 bps over the mid-swap rate

US imposes sweeping sanctions on Iran, targets Khamenei-linked foundation

The department imposed sanctions on what it described as a key patronage network for Khamenei

Pfizer, Moderna Covid-19 vaccines may be authorised for use within weeks

States and territories are prepared to begin distributing the vaccines within 24 hours of receiving regulatory authorization

Uber looks to partner with other self-driving companies, says CEO

The talks have been ongoing since October though there is no certainty a deal will be reached

Oil prices gain 2% on potential OPEC+ rethink and Covid-19 vaccine hopes

The market was also supported by a smaller-than-expected increase in U.S. crude stockpiles last week.

Norwegian Air seeks bankruptcy protection as Covid pandemic takes toll

The company has opted for an Irish process since its aircraft assets are held in Ireland

Pfizer-BioNTech vaccine deliveries could start 'before Christmas'

The success rate of the vaccine developed by U.S. firm Pfizer and Germany's BioNTech is the highest of any candidate in late-stage clinical trials so far, and experts said it was a significant achieve

Pfizer ends vaccine trial with 95% success rate, to apply for approval soon

Pfizer and BioNTech said they plan to submit the data to other regulatory agencies around the world.

DBS faces potential culture clash as it takes over Lakshmi Vilas Bank

The plan will accelerate Singapore-based DBS's expansion ambitions in India and potentially transform it from a largely digital bank in the country to one with hundreds of branches

Wall Street edges higher on Covid-19 vaccine bets, Boeing approval

The S&P 500 rose 1.81 points, or 0.05%, to 3,611.34 shortly after the market opened