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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Govt considers seeking Rs 50,000 crore in mega LIC IPO, to sell around 7% stake

If successful, the insurance firm would surpass digital payments startup Paytm as India’s biggest IPO; with Rs 50,000 crore in contrast to Paytm's Rs 18,300 crore raised in November 2021.

Twitter CEO Parag Agrawal asks users to ‘vote carefully’ after Elon Musk posts edit button poll

Endorsing the tweet shared by Tesla's CEO, Agrawal said the consequences of the 'edit button' poll would be 'important'.

Elon Musk’s Twitter investment could be bad news for free speech

The Tesla founder's decision suggests that he wants to bring the social media platform to heel.

Metal world agonizes over war in Ukraine but keeps buying from Russia

Russian metal is largely still flowing around the world. Many traders and fabricators who buy from them are tied in to pre-existing purchase deals that can extend over years.

Traders pin hopes on RBI to manage bond-market as it confronts record debt supply

The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees of annual borrowing in April.

Elon Musk takes 9% stake in Twitter to become top shareholder, shares soar

Twitter shares surged as much as 27% after Musk’s purchase was revealed Monday. The gain marked the stock’s biggest intraday increase since the company’s 2013 IPO.

Kim Jong Un’s sister threatens South Korea with ‘miserable fate’ of nuclear strike if it attacks

This was the second warning issued by the younger Kim in about 48 hours, after she earlier denounced South Korean Defense Minister Suh Wook as a 'senseless and scum-like guy'.

Sri Lanka names new finance minister, after President Rajapaksa’s brother quits post

Ali Sabry will take over from Basil Rajapaksa as the head of finance. Sabry is among the key decision makers, as the president prepares for a bailout from the IMF.

Good luck trying to sanction China’s 4,762 ‘little giants’

Beijing has stepped up efforts to nurture innovative small and mid-sized enterprises, hoping some will become indispensable to multinational companies.

Cheap tickets to stay as country’s airlines squabble on fare hikes

Sunil Bhaskaran, chief executive officer of AirAsia, said Indian aviation is suffering from 'irresponsible competition' that’s kept fares low despite high taxes and fuel prices.

On Camera

SC order on stray dogs is like Tughlaq’s march to Daulatabad—grand in tone, empty in substance

SC’s order asks institutions to breed unnecessary panic and build fortresses, when they are yet to achieve basic safety or dignity.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.