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Japan's Cabinet okays record defence budget that aims to deter ChinaJapan's Cabinet approved a record defense budget of over 9 trillion yen for fiscal 2026. This plan aims to enhance strike-back capabilities...
MUFG, HSBC bet big on India’s GIFT city in warning to Asia hubsGlobal banks are increasingly choosing India's GIFT City for dollar-denominated debt, diverting business from established Asian financial c...
Japan's MUFG targets US for securitisation business, plans to boost headcountMitsubishi UFJ Financial Group (MUFG) is set to aggressively expand its global securitisation business, particularly in North America, by 2...
China's covert 6th fighter jet program: What we know about their sixth-gen developmentsChina is pushing ahead with its ambitious sixth-generation fighter jet program, aiming for a prototype by 2028 and a meaningful design by t...
Buffett looks to Japan with 5% stakes in five biggest trading firmsBerkshire bought the little-over 5% stakes in about a year through insurance business National Indemnity Co. Together, five 5% stakes were ...
Tata Group, SSG and GIC likely to acquire a stake in GMR airportsGIC pipped Japanese diversified conglomerate Mitsubishi — the other entity GMR had been in advanced talks with — to clinch the deal.
Jet takes out 28 planes in two months, count may rise to 40 by March endIndustry insiders said as many as eight Jet aircraft have been grounded due to non-payment to lessors.
Jet Airways' lessor to decide on repossessing plane after board meetingIndia’s second largest airline by market share has taken five Boeing 737 NG planes on lease from MC Aviation.
Japan stocks hit by weak earnings, global woes; Topix at 7-mth lowThe Nikkei closed 2.67 per cent lower at 22,010.78.
India finally kick-starts 'mother of all underwater defence deals' after 10-year delayProject-75 has been languishing in politico-bureaucratic apathy, files and committees since it got the govt's 'acceptance of necessity' in ...
Kumar Mangalam Birla's secret idea could take the world of business by stormThe Birla Group, the $40-billion mining-to-mobile phone carrier conglomerate, may buy this wonder manufacturing technology, sources reveale...
Top Hong Kong investment manager recalls $150 million loan to debt-hit JSPLLenders plan to invoke JSPL’s corporate guarantees, file winding up petition if dues are not cleared by September.
Foreign lenders of Jindal Steel and Power exploring possibility of recalling loans worth $550 millionAmong other things, this is understood to have been triggered by JSPL’s inability to service $25 million unsecured loan from a large Japane...
- Chinese firm showcases turboprop plane
In its bid to make a foray into the Indian aviation market, the Chinese aviation authority is in talks with the Directorate General of Civi...
- DishTV planning to provide DTH services in SUVs
Direct-to-Home services provider, is looking at creating new market segments and is in talks with auto majors for providing its services in...
- Champagne on ice ahead of Paris air show
The sound of clinking champagne glasses will be barely audible above the roar of jet engines at the Paris Air Show next week, but aerospace...