Topic: Bloomberg wire
‘Squid Game’ beats high-profile American shows, becomes Netflix’s biggest series launch ever
Netflix said 'Squid Game' has attracted 111 million views since its release on 17 September, which surpassed its previous top show 'Bridgerton' that hit 82 million households.
Air India’s privatisation comes two decades late, but taxpayers should be relieved
It won’t be an easy integration, but international investors should be thrilled to get the deal they have always equated with a clear signal that India wants less govt in commerce.
Zee will not hold shareholders meeting, risks escalating standoff with Invesco
Zee said the requisition notice is not valid, as it suffers from multiple legal infirmities. The refusal sets the stage for a legal tussle.
Afghan army collapse ‘took us all by surprise’, US Defense Secretary Lloyd Austin says
Top US military leaders point rare criticism at key decisions by Biden & Trump, say their personal view was that US troops should have stayed to bolster the Afghan government.
How media mogul Subhash Chandra managed to beat a US activist fund & hold on to Zee
Sony is merging with Zee. It will control the larger empire & infuse an additional $1.4 bn of cash into it. But the combined entity will be presided over by Punit Goenka, Chandra’s son.
Chinese state-sponsored hackers targeted UIDAI, Times Group, report says
UIDAI networks were believed to have been breached during intrusions tracked between June and July. Data was exfiltrated from Times group between February and August.
Advent to buy Eureka Forbes from Shapoorji Pallonji Group for Rs 4,400 cr
The sale provides an opportunity for the Shapoorji Pallonji Group to reduce debt and focus on core real estate operations after its businesses were hammered by the pandemic.
Bjyu’s acquires coding platform Tynker for $200 million to grow in US
Tynker, launched in 2013, offers classes, camps on coding. The company's co-founders Krishna Vedati, Srinivas Mandyam & Kelvin Chong will remain in their roles after the acquisition.
Got both shots? It’s still a good idea to stay at home
There is an economic cost to status quo, but fully reopening has a price that too few countries are eager to pay.
Modi govt is seeking Rs 8 trillion valuation for LIC in India’s biggest IPO
The government is pushing ahead with LIC IPO to help plug a widening budget gap as it aims to raise Rs 1.75 trillion by March via divestments and the sale is key for achieving this target.
YourTurn
Here’s why sexual violence by humanitarians and peacekeepers keeps happening
Peacekeeping operations have a long history of predatory sexual culture. And the UN’s database shows that abusers come from all continents.
Mukesh Ambani buys 40% stake in Manish Malhotra’s fashion brand in widening luxury retail push
Investment in Manish Malhotra, stylist to the biggest stars, speaks of Ambani’s wider aim of transforming Reliance Industries Ltd, lessening its dependence on oil-refining and petrochemicals businesses.
Defence
Move to increase BSF jurisdiction is to ‘curb crime’, Opposition cries ‘attack on federalism’
Home ministry has amended a 2014 notification extending BSF jurisdiction from 15 km to 50 km along Punjab, West Bengal and Assam border.
Mohan Bhagwat is right, China is the big threat. But his prescription to counter it is flawed
India can fight China, but it needs peace & stability at home. It can't take on Beijing while re-lighting old fires like NRC or polarising Hindus & Muslims to win elections.