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BHUMA SHRIVASTAVA
Tata Sons said to have been asked by govt to explore buying Jet Airways stakeThe deal will save Modi’s govt from embarrassment of business meltdown ahead of crucial 2019 elections.
Acquisitive Indian billionaire says he's hungry for more dealsIn the wake of new bankruptcy law, flood of assets are expected to be put up for sale.
Top-performing Reliance is shaking off past decade's slumberFor seven of the 10 years through December, the retail-to-refining giant trailed the Sensex.
End to Mukesh Ambani's telecom price war may be 185 million users awayReliance Jio, which stormed the sector with free calls and data forcing rivals to merge or exit as revenues declined, has amassed 215 milli...
US-China trade war could flood India with steelDuties imposed by the U.S. would trigger “trade diversion” from other steel makers, who would then dump their products in India
Cash-rich Reliance looks to raise $3 billion as $13 billion debt maturesThe retail-to-refining conglomerate’s debt has tripled over five years.
Sunil Mittal set to pump in $1 billion into son-in-law's London hotel chainThe money from Mittal would fund acquisitions by Sharan Pasricha’s Ennismore, a developer that owns the Gleneagles resort and Hoxton hotel ...
How to lose $23 bn in a market that's surged 61,436%The market that has a billion potential customers seems more like a nightmare with losses for overseas companies rising to at least $23 bil...
Steel tycoon smells opportunity amid Trump, Xi tariff showdownThe U.S. unit of JSW Steel Ltd. has signed an agreement with the Governor of Texas to consider an investment of as much as $500 million, th...
Timeline to the discovery of India's biggest bank fraudAs authorities try to contain the fallout from the scam, here’s a look at key dates in the road to discovery.
World's top investment research firm finds Jio's first profit ‘too good to believe’The carrier posted a net income of 5.04 billion rupees last quarter.
Stressed stocks zoom 31% as bankruptcy law sparks 'rally of hope'A Bloomberg index of 11 indebted cos that are in bankruptcy court surged 31% in December.
Why last-in-queue lenders file most insolvency lawsuits in IndiaSuch parties have triggered 44 per cent of corporate insolvencies this year, according to the latest data from the Insolvency and Bankruptc...
World's top stock is Indian brokerage with almost 900% gainShareholders have signaled bullishness by buying shares directly from the Delhi-based company.
Why a $37 billion manager is cautious on India's world-beating stocksThe fund manager’s more cautious stance is in line with equity mutual funds in the country.
India Domino’s, McDonald’s operators hurt by bread cancer reportThe chemicals are banned in many countries because they may cause cancer, the agency said. Jubilant and WestLife denied the New Delhi-based...
Mukesh Ambani looks to Israel, Silicon Valley for startupsAmbani is scouting for startups that may dovetail with his plans for ecommerce services. The startups could use Reliance's network for Indi...