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Friday, November 21, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Cash crunch grounds two-thirds of under-debt Jet Airways fleet

The private air carrier needs Rs 850 crore to help recover its debt.

In first meeting since Balakot airstrikes, China & Pakistan vow to fight terrorism together

China's Wang Yi stated that irrespective of the international system, Beijing will always resolutely support the maintenance of Pakistan’s sovereignty.

Bank of America buys its biggest distressed asset in India 

The decision to purchase soured loans of Jayaswal Neco Industries Ltd, that makes cast iron pipes, adds to a growing trend of foreign investors exploring the India's massive pile of bad debt.

L&T’s $1.6 billion hostile acquisition plan faces criticism from takeover target

Software developer Mindtree said Larsen & Turbos' hostile bid was jeopardising its company's success and could have damaging consequences for the business.

India, take a lesson on how to get the Anil Ambanis to pay up

Ericsson snagged a sweet deal by exploiting RCom’s initial reluctance to enter in-court bankruptcy, and then getting a jail risk for Anil Ambani thrown into the mix.

Ola buckles up for a battle with Uber India, raises $300 million from Hyundai

Ola's latest investment is aimed at developing electric vehicles and charging infrastructure for the Indian market.

World can’t help Iraq when its PM is obviously not interested

PM Adel Abdul Mahdi govt's desultory reconstruction efforts are evident as large parts of Iraq’s second-largest city remains in ruins even 2 years after its liberation from ISIS.

Google’s ‘Project Stream’ could be the Netflix of video games

Google's video game service, which launches Tuesday, is designed to allow users to play on a web browser or TV without a PlayStation and Xbox.

Trump is not behind New Zealand racist outrage, Australia is

In the wake of the attacks, US president Donald Trump was blamed for stoking existential fears among white people. But the power of historical Australian white supremacism has been completely ignored.

Anil Ambani thanks big brother Mukesh after paying Ericsson to avoid jail

Anil Ambani thanked Mukesh & Nita for their timely support & said he was grateful they had all moved beyond their past.

On Camera

Hasina’s was a trial in absentia, but not a trial without justice

The Sheikh Hasina trial represents an inflection point in the struggle to place citizens above rulers and prevent the next massacre.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Can’t stay behind tech curve anymore, must catch up—Vice Chief of Navy Staff ahead of Swavlamban 2025

New Delhi: Noting that India cannot afford to stay behind the technology curve when it comes to war-fighting, Vice Chief of the Naval Staff...

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.