scorecardresearch
Friday, October 4, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Modi govt wants Tesla to buy Rs 3,300 cr of local auto parts for import tax cut consideration

The govt has said it is keen for Tesla to make cars in the country, but appears to be using their interest to try and gain benefits for the nascent local electric car industry.

LIC seeks Rs 65,400 crore from IPO as roadshows take off

Shares of the state-run insurer could be priced between Rs 2,000 rupees and Rs 2,100 each. The issue is slated to run 10-14 March if regulatory approvals are obtained in time.

‘Meta, Metamates, Me’: Zuckerberg lays out new vision for firm’s internal culture in memo

Listing out principles for work at Meta, CEO Zuckerberg said it is now 'a distributed company' and gave a nod to its international nature by continuing to hiring from around the world.

Putin and Biden both win but Ukraine loses in the great-power game

Putin’s biggest win is that he has proven his ability to dial Ukraine-related tension up and down at will. Biden's win is by not letting Putin force or trick him into giving any ground.

Employers or employees, salary transparency is good for everybody

Starting 15 May, New York City will require firms to post a salary range when advertising an open position. That makes it convenient for all involved.

Western Canada protesters plan end to border blockades as Trudeau’s threats hit home

Prime Minister Justin Trudeau’s government has invoked emergency powers that could freeze bank accounts and suspend insurance of vaccine-mandate protesters.

Inflation will be exactly what people think it will be

As central banks rely more on market expectations to orchestrate macroeconomic outcomes, the views of Fischer Black on inflation don't seem far from the current mainstream.

IPO mania in India gets reality check after a series of high-profile startups tank

Prominent tech startups, including Oyo Hotels and Delhivery, are pushing back their IPO and preparing to reappraise target valuations amid battering received by newly listed firms.

Vedanta’s latest chip venture with Foxconn is just a little more than a piece of paper

Those hopeful that India can establish a foothold in semiconductor sector should temper expectations, and instead hope that Modi govt will follow through on local chip industry plans.

Why LIC’s $128 billion stock portfolio can withstand global shift toward higher rates

Life Insurance Corporation, set for India's biggest-ever initial share sale, has a portfolio peppered with index heavyweights like Reliance Industries and ITC.

On Camera

I met Hezbollah leader Hassan Nasrallah in 2005. He told me he was an admirer of MK Gandhi

Shuttle diplomacy at a high level is indicated, along the lines of the famous Kissingerian shuttles following the 1973 Arab-Israeli war.

#ByeByeAP to #LuluBackInAP: Naidu’s moves to make Andhra ‘business friendly’ & woo back investors

The Jagan Reddy govt has been accused of scuppering various investment deals. Under Naidu, the govt, is trying to make AP a top investment destination, officials and industrialists say.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?