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Ebola anxiety puts a chill on Indian travellers' hot Africa summer plansIndian travellers are rethinking African holidays due to Ebola fears. Travel bookings for East and Central Africa are declining. Many are p...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
- Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...
- Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
- Airtel plans Rs 28,000 crore share swap: Deal with ICIL to raise parent’s stake in Airtel Africa & Mittal family’s stake in AirtelBharti Airtel's board approved a ₹28,220 crore share-swap deal with ICIL, a Mittal family entity, to increase its stake in Airtel Africa to...
- Need to utilise, leverage FTAs: Commerce Secretary Rajesh Agrawal to industryIndian industry must actively use new free trade agreements. These pacts offer significant trade and investment prospects. Commerce Secreta...
- Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
- Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
- India’s I&B sector FDI gains in 9M FY26 despite lower Q3 inflowsForeign direct investment in India's information and broadcasting sector saw a sharp quarterly decline in Q3 FY26, yet cumulative inflows f...
- Adani Ports, Tata Motors and Siemens Energy witness block deal action on MondayInstitutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block...
- Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
- Mittal family set to own 75% of Rajasthan Royals in $1.65 billion dealThe Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the tea...
- Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
- NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
- Fairfax likely to buy 10% more in IIFL Capital via preferential allotmentFairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...
- SWITCH Mobility completes deliveries of 100 electric buses to MauritiusIn a groundbreaking partnership, SWITCH Mobility has supplied 100 electric buses to the government of Mauritius, making it India's largest ...
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